Strauss Zelnick says GTA 6 drives FY2027

Take-Two Interactive used its May 21 earnings report to tie its next fiscal year directly to Grand Theft Auto VI. The company said fiscal 2027 should bring “new record levels of operating performance,” with CEO Strauss Zelnick attributing that outlook to the game’s planned November 19 launch. The company also issued an initial fiscal 2027 net bookings forecast of $8.0 billion to $8.2 billion. On the earnings call, Zelnick declined to discuss the game’s price. ### What exactly did Take-Two say about GTA VI and fiscal 2027? Take-Two said in its fourth-quarter and fiscal 2026 earnings release that fiscal 2027 would be driven by “the November 19th launch of Grand Theft Auto VI.” The company said it believes the year will establish “new record levels of operating performance.” Strauss Zelnick made that statement in prepared comments released with the earnings report for the year ended March 31, 2026. The same release said the company expects to “sustain this higher level of scale” and generate strong cash flow as it moves through its pipeline. ### Where does the $8.0 billion to $8.2 billion figure come from? (take2games.com) Take-Two’s May 21 earnings release said its initial outlook for fiscal 2027 includes net bookings of $8.0 billion to $8.2 billion. The company placed that forecast alongside fiscal 2026 net bookings of $6.72 billion and fourth-quarter net bookings of $1.58 billion. (take2games.com) That range matters because it is the company’s formal guidance, not a fan estimate or a social-media extrapolation. Take-Two published it through its investor relations site in a Business Wire release issued from New York on May 21. ### Did Zelnick say anything about the game’s price? Variety reported on May 21 that Zelnick said “No” when asked ahead of the earnings release whether a GTA VI pricing announcement would come with the analyst call. (take2games.com) He told the outlet, “We never make marketing announcements in our analyst calls.” Social and transcript-based reports from the call circulated a sharper line from Zelnick when pricing came up during the Q&A: “Never ever ever.” A full official transcript was not posted on Take-Two’s investor page in the material reviewed here, but the company’s site does list the webcast and presentation for the May 21 call. (take2games.com) ### What release date is Take-Two now building around? (variety.com) Rockstar Games said Grand Theft Auto VI is now set to launch on Thursday, November 19, 2026. That date appears in Rockstar’s latest release-date update and is the same date Take-Two cited in its earnings release. (take2games.com) That November date replaced an earlier May 26, 2026 target that Rockstar announced on May 2, 2025. The newer schedule means most of the game’s initial sales would fall inside Take-Two’s fiscal 2027, which runs through March 31, 2027. ### What else did Take-Two report alongside the GTA VI outlook? (rockstargames.com) Take-Two said fiscal 2026 net bookings reached $6.72 billion, while recurrent consumer spending accounted for 82% of fourth-quarter net bookings. The company said the largest contributors in the quarter included NBA 2K26, Grand Theft Auto Online and Grand Theft Auto V, Match Factory, WWE 2K26 and Red Dead Redemption 2. (rockstargames.com) The company’s next scheduled investor event on its IR calendar is the TD Cowen 54th Annual Technology, Media & Telecom Conference on May 27, 2026. The May 21 earnings webcast, presentation and related materials are listed on Take-Two’s quarterly earnings page. (take2games.com 1) (take2games.com 2)