Take-Two Raises Fiscal 2027 Revenue Forecast as GTA 6 Pre-Orders Beat Expectations

Take-Two Interactive has increased its annual revenue and earnings forecasts as anticipation grows ahead of the November 19 launch of Grand Theft Auto VI (GTA 6). The publisher is expecting a strong financial performance from the highly anticipated release, with CEO Strauss Zelnick revealing that pre-orders are already exceeding the company's initial expectations.

Despite the positive response, Take-Two is maintaining its existing annual net bookings outlook until GTA 6 officially launches. The decision reflects the company's cautious approach to forecasting revenue from a game that is expected to become one of the biggest entertainment releases of 2026.

Following the announcement, Take-Two shares rose approximately 4% in extended trading.

Take-Two Raises Its Fiscal 2027 Financial Forecast

Take-Two now expects total revenue of $7.98 billion to $8.18 billion for fiscal 2027, up from its previous projection of $7.90 billion to $8.10 billion.

The company has also improved the lower end of its earnings-per-share forecast by two cents. Its updated guidance now places earnings between $0.57 and $0.75 per share.

However, the publisher has not changed its annual net bookings forecast, which remains between $8 billion and $8.20 billion.

The revised revenue and earnings outlook suggests growing confidence in Take-Two's business performance as it approaches the launch of GTA 6. Still, the company appears unwilling to make further adjustments to its bookings expectations before seeing the game's actual launch performance.

GTA 6 Pre-Orders Are Performing Above Expectations

GTA 6 is expected to be a major commercial release for Take-Two. Its arrival comes approximately 13 years after Grand Theft Auto V launched, following several delays that pushed the new game further into 2026.

According to data from Sensor Tower, GTA 6 had generated approximately 7.71 million digital pre-orders worldwide by November 3. Take-Two began accepting pre-orders in June.

The game's pricing may also contribute to its revenue potential. The standard edition is priced at $79.99, while the Ultimate Edition costs $99.99.

Sensor Tower data indicated that nearly 90% of pre-orders recorded by the end of August were for the more expensive edition. If that purchasing trend continues, the higher-priced version could account for a substantial portion of the game's early sales revenue.

CEO Strauss Zelnick has said that pre-orders are performing better than the company initially expected. Nevertheless, Take-Two is waiting for the official release before adjusting its annual bookings forecast.

Why GTA 6 Could Become a Major Revenue Driver

The commercial importance of GTA 6 extends beyond its launch-day sales.

The Grand Theft Auto franchise has a long history of attracting large audiences, generating substantial revenue, and maintaining player engagement over extended periods.

Take-Two will be looking to build on that success with its latest release. Strong initial sales, continued player interest, and potential future content could help the company generate revenue well beyond the game's launch window.

With millions of digital pre-orders reportedly recorded already, GTA 6 is shaping up to be an important release for Take-Two's fiscal 2027 performance.

NBA 2K27 Faces Increased Competition

While GTA 6 is generating positive expectations, Take-Two also discussed the performance of its basketball franchise.

NBA 2K27 launched during the September quarter but experienced weaker demand amid increased competition in the gaming market.

The company expects bookings and player engagement to improve during the remainder of the year. New in-game content and ongoing updates could help attract additional players while encouraging existing users to remain active.

Although the latest NBA 2K release has faced challenges, Take-Two remains confident in its broader business outlook.

Take-Two Reports $1.60 Billion in Quarterly Bookings

Take-Two recorded total bookings of $1.60 billion for the second quarter ended September, representing an 18% decline compared with the same period last year.

The figure also came in below analysts' expectations of approximately $1.67 billion.

The weaker quarterly performance highlights why GTA 6 is so important to the publisher's upcoming financial results. With the game approaching its November 19 release, Take-Two is counting on its major franchises and upcoming content to support future growth.

What GTA 6's Launch Means for Take-Two

Take-Two's revised financial forecast reflects growing confidence in the commercial potential of GTA 6. Stronger-than-expected pre-orders, demand for premium editions, and the franchise's established popularity have all contributed to positive expectations.

However, the company has kept its annual net bookings guidance unchanged, suggesting it wants to wait for actual launch results before making another adjustment.

If GTA 6 performs as strongly as early pre-order figures suggest, its release could become a major milestone for Take-Two Interactive and significantly influence the company's financial performance throughout fiscal 2027.