Take-Two Interactive (TTWO) Q2 2026 earnings results beat revenue expectations

Take-Two Interactive has released its earnings report for Q2 2026, posting strong results that beat revenue expectations. The parent company of Rockstar Games, 2K Games, and other major studios reported quarterly Net Bookings of $1.96 billion USD and a GAAP net revenue of $1.77 billion, both marking year-over-year growth. However, earnings per share (EPS) came in at $0.63/share, short of Wall Street’s estimated $0.90/share.

“We achieved outstanding second quarter results by releasing new hit titles, driving innovation in live services, and maintaining our commitment to developing the highest quality products,” said Take-Two Interactive CEO Strauss Zelnick in the company’s Q2 2026 earnings report. “With momentum across our business, particularly in mobile and NBA 2K, we are raising our Fiscal Year 2026 Net Bookings forecast for the second consecutive quarter. Rockstar Games will now release Grand Theft Auto VI on November 19, 2026, and we remain both excited and confident they will deliver an unrivalled blockbuster entertainment experience. With the most robust pipeline in our Company’s history, we expect to achieve record levels of Net Bookings in Fiscal 2027, which will establish a new baseline for our business and set us on a path of enhanced profitability.”

Take-Two credited its strong revenue figures to the successful launches of Borderlands 4, NBA 2K26, and Mafia: The Old Country, alongside continued performance from perennial hits like Grand Theft Auto 5, Red Dead Redemption 2, and the Zynga catalog.

Looking ahead, the company is preparing for an exciting slate of upcoming titles, including Ghost Story Games’ Judas, WWE 2K Mobile (coming to Netflix), and the highly anticipated Grand Theft Auto 6. Notably, the release date for GTA 6 has been officially delayed to November 19, 2026. This announcement follows reports of recent employee firings and accusations of union busting, although Take-Two has stated that the terminations were related to leaked confidential information.

The controversy has sparked protests, with IWGB union organizers gathering outside Take-Two’s London offices prior to Thursday’s earnings call to demand the reinstatement of affected employees.

Following these developments and the GTA 6 delay, Take-Two’s stock closed Thursday, November 6, down $2.36/share. In after-hours trading, the share price fell sharply—dropping by as much as $40/share—with the price currently hovering between $17 and $18/share as of this writing.
https://www.shacknews.com/article/146723/take-two-interactive-q2-2026-earnings-report

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