Take-Two Interactive has locked in a November 19, 2026 release date for Grand Theft Auto VI, according to a filing with the Securities and Exchange Commission. The company also reported fiscal 2026 net bookings of $6.72 billion — $750 million above its own guidance — and said it expects operating cash flow to top $1 billion in fiscal 2027, which CEO Strauss Zelnick called a major inflection point.
Record bookings and recurring revenue
Net revenue for the fiscal year ended March 31, 2026 came in at $6.66 billion, split almost evenly between console/PC ($3.32 billion) and mobile ($3.33 billion). Recurrent consumer spending — purchases made after the initial sale, such as in-game currency and subscriptions — hit $5.20 billion, accounting for 78% of total revenue. That figure underscores how much Take-Two Interactive relies on players who keep spending long after buying a game.
Adjusted EBITDA reached $1.4 billion, well above the $919.5 million target. The overperformance triggered maximum executive bonuses under the company's compensation plan.
GTA VI and the pipeline
Grand Theft Auto V has sold nearly 230 million units since its 2013 launch, and Red Dead Redemption 2 has moved over 80 million copies. The next entry in the GTA franchise is expected to drive a surge in both game sales and recurrent spending. Take-Two's GTA+ subscription service grew significantly during the year, helped by seasonal updates and the inclusion of NBA 2K26.
Zelnick described fiscal 2027 as a turning point, with the company forecasting operating cash flow above $1 billion. The GTA VI release sits at the center of that optimism, though Take-Two has not disclosed a specific pre-order number or first-shipment target.
Shareholder meeting and executive pay
Take-Two will hold a virtual annual meeting on September 17, 2026. Shareholders will vote on the election of directors, an advisory say-on-pay resolution, and a proposed amendment to limit officer liability. The meeting comes after a year in which the company's stock closed at $239.57 on July 16, up 13% over the past month but still below its 52-week high of $265.94.
The strong financial results and the confirmed GTA VI date give investors a clear timeline to watch. Whether the stock can push past that high before the game ships is the open question heading into the fall.
