Take-Two predicts nearly $8 billion revenue in 2027 fiscal year with GTA 6’s release
In today’s Q4 earnings call from Take-Two Interactive, the company announced it’s eying roughly $8 billion in earnings for the next fiscal year, largely due to the predicted success of Grand Theft Auto 6 this fall. “We believe Fiscal 2027 will establish new record levels of operating performance driven by the November 19 th launch of Grand Theft Auto VI, along with strong execution across our portfolio,” Take-Two CEO and chairman Strauss Zelnick said. “We expect to sustain this higher level of scale, generate strong cash flows, and deliver long-term shareholder value as we release our robust development pipeline, continue to optimize our live services and capitalize on new business opportunities.” In addition to GTA 6, Take-Two also has several other upcoming games that could contribute to this revenue prediction, including NBA 2K27, PGA TOUR 2K27, and WWE 2k27.https://embeds.beehiiv.com/a8d62108-86ed-4039-bf49-44877ba62c15 Though a price for GTA 6 was not disclosed during this investors call, Zelnick gave more insight into how the company makes its predictions in an interview with Variety. “So, whenever we put together our guidance, obviously based on our expectations regarding our pipeline, release schedule and pricing, and sometimes our [expect expectations can cannot be realized] in the fullness of time, that could be because the title is delayed, or pricing changes, or unit sales, expectations change,” Zelnick said. “But yes, of course, when we build our model, which is used to create guidance, it does have full assumptions in it. Even if we made assumptions, that doesn’t mean that they are set in stone.” In the same earnings call, Take-Two confirmed the Nov. 19 console release date for GTA 6, squashing recent rumors that the game would be delayed until February 2027. Take-Two did not unveil a price for the game in the earnings call, though said it would begin marketing the game over the summer. 0 The post Take-Two predicts nearly $8 billion revenue in 2027 fiscal year with GTA 6’s release appeared first on Destructoid.
“We believe Fiscal 2027 will establish new record levels of operating performance driven by the November 19 th launch of Grand Theft Auto VI, along with strong execution across our portfolio,” Take-Two CEO and chairman Strauss Zelnick said. “We expect to sustain this higher level of scale, generate strong cash flows, and deliver long-term shareholder value as we release our robust development pipeline, continue to optimize our live services and capitalize on new business opportunities.”
In addition to GTA 6, Take-Two also has several other upcoming games that could contribute to this revenue prediction, including NBA 2K27, PGA TOUR
2K27, and WWE 2k27.
https://embeds.beehiiv.com/a8d62108-86ed-4039-bf49-44877ba62c15 Though a price for GTA 6 was not disclosed during this investors call, Zelnick gave more insight into how the company makes its predictions in an interview with Variety.
“So, whenever we put together our guidance, obviously based on our expectations regarding our pipeline, release schedule and pricing, and sometimes our [expect expectations can cannot be realized] in the fullness of time, that could be because the title is delayed, or pricing changes, or unit sales, expectations change,” Zelnick said. “But yes, of course, when we build our model, which is used to create guidance, it does have full assumptions in it. Even if we made assumptions, that doesn’t mean that they are set in stone.”
In the same earnings call, Take-Two confirmed the Nov. 19 console release date for GTA 6, squashing recent rumors that the game would be delayed until February 2027. Take-Two did not unveil a price for the game in the earnings call, though said it would begin marketing the game over the summer.
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