Take-Two Stock Dips After Earnings Miss — But GTA 6 Changes Everything

Take-Two Stock Dips After Earnings Miss — But GTA 6 Changes Everything.

Take-Two Interactive (TTWO), the powerhouse behind Rockstar Games and 2K, reported mixed fiscal fourth-quarter results, sending its stock down around 3% in after-hours trading. While revenue came in strong, the company's net loss and full-year outlook fell short of Wall Street expectations.

For the quarter, Take-Two posted revenue of $1.58 billion — a 13% increase year-over-year — beating analyst estimates tracked by Visible Alpha. Net bookings also impressed, climbing 17% to match the $1.58 billion figure.

However, its outlook painted a less rosy picture. Take-Two projected full-year revenue between $5.95 billion and $6.05 billion, with an expected net loss of $439 million to $499 million. Analysts were looking for much more: $7.72 billion in revenue and $165 million in earnings.

The company also reported a wider net loss of $3.73 billion, or $21.08 per share, compared to $2.9 billion, or $17.02 per share, a year earlier. Take-Two attributed the loss primarily to a $3.55 billion goodwill impairment charge.

RELATED: How Much Money Will Grand Theft Auto VI Make?

Still, the market reaction feels like a short-term tremor in the face of a much bigger storm — and that storm is Grand Theft Auto VI. Although the game was recently delayed to May 2026, its long-awaited trailer release on May 6 reignited investor excitement. It’s easy to see why: few franchises in entertainment, let alone gaming, have the sheer commercial power of GTA.

CEO Strauss Zelnick underscored the company’s confidence, stating that its upcoming game slate, including GTA VI, will “establish a new baseline for our business and set us on a path of enhanced profitability.”

Yes, the near-term numbers missed the mark, but in the context of a GTA 6 launch on the horizon, it may not matter. The franchise is expected to generate billions in revenue — likely enough to dwarf any current losses and reshape Take-Two’s financial future.

Despite some disappointing figures and a cautious outlook, Take-Two’s future remains bright. With Grand Theft Auto VI confirmed for May 2026, the company sits on a blockbuster that could easily eclipse short-term financial woes. The franchise’s legendary status, combined with massive consumer anticipation, is set to deliver a revenue windfall. Investors may have to wait a bit longer — but with GTA 6 on the horizon, the payoff is likely to be more than worth it.