shares of Take-Two Interactive Software Shares fell 7% in after-hours trading on Thursday after Rockstar Games announced it would further delay the release of Grand Theft Auto VI to November 2026.
“We apologize for adding more time to what has been a long wait, but these additional months will allow us to finish the game at the level of polish you have come to expect and deserve,” the company said in a post.
The game is one of the most anticipated video games currently in production and is scheduled to be released on November 19, 2026.
The first trailer for the game was released in December 2023. GTA VI was originally scheduled for release in the fall of 2025, but was postponed multiple times. The company recently postponed its release to May and released another trailer for the game.
“We remain excited and confident that we will deliver an unparalleled blockbuster entertainment experience,” CEO Strauss Zelnick said in a release. “With the most robust pipeline in our history, we expect to achieve record net bookings in fiscal year 2027.”
Take-Two also announced its second quarter results on Thursday. The company’s revenue rose 33% to $1.96 billion, beating LSEG’s estimate of $1.72 billion.
The increase in revenue was driven by the success of multiple games, including NBA® 2K26, Borderlands 4, Red Dead Redemption 2 and more.
The company reported a net loss of $133.9 million, or a loss of 73 cents per share. This loss did not match analysts’ expectations.
In the same period last year, the company had a net loss of $365.5 million, or a loss per share of $2.08.
The video game company raised its booking forecast for the current fiscal year from $6.05 billion to $6.15 billion to $6.38 billion to $6.48 billion. The midpoint of the updated range is $6.43 billion, higher than Wall Street expectations of $6.18 billion.
Zelnick attributed the strong forecast to growing business momentum, particularly in mobile and NBA 2K, which has sold more than 167 million copies worldwide.
Correction: This story has been updated to reflect that the company reported a loss of 73 cents per share during the quarter. A previous version of this article misstated that number.
