Take-Two expects its net bookings to reach $3.35–$3.5 billion in the third quarter of fiscal year 2027 (Q3 FY2027). The most significant driver, naturally, is GTA VI, which is set to release in just over ten days.
Take-Two CEO Strauss Zelnick stated, "With only 10 days left until the release of GTA VI, pre-orders for the game have already broken unprecedented records. We expect this title to deliver historic performance for the company."
Previously, Take-Two stated that it did not plan to disclose specific pre-order figures for GTA VI, as the pre-order data this time is exceptionally unusual, and releasing the numbers directly could lead to misunderstandings.
However, Take-Two's expectation of $3.35–$3.5 billion in net bookings during the GTA VI launch period is actually slightly lower than the average analyst forecast of $3.51 billion. This figure comes from LSEG Data & Analytics statistics, as reported by Reuters.
In comparison, Take-Two's net bookings in the previous quarter (Q2 FY2027) were only $1.6 billion, an 18% year-over-year decline, underperforming market expectations. NBA 2K27 was one of the contributing factors. Take-Two stated: "NBA 2K27 had a decent launch, with net bookings reaching the second-highest in the series' history, but it still fell short of our previous expectations."
Zelnick previously addressed this issue in an interview with Bloomberg. He believes that players' anticipation for GTA VI may have also impacted the sales performance of NBA 2K27.Commenting on this situation, he jokingly remarked, "If someone's going to cannibalize sales, I'd rather be the one doing the cannibalizing."
For the full fiscal year 2027, Take-Two expects its net bookings to reach $8–$8.2 billion.