Rockstar Games has officially announced that ‘Grand Theft Auto VI’ is scheduled to launch in the autumn of 2025. This revelation coincided with the financial report from Rockstar’s parent company, Take-Two Interactive, revealing a significant $2.9 billion loss for the fourth quarter of fiscal year 2024, spanning from January 1 to March 31.
Despite previous estimates forecasting a loss between $170 million to $153 million for the quarter, Take-Two’s actual loss far surpassed expectations, attributed to various charges including a massive goodwill charge, acquisition-related expenses, and restructuring costs.
CEO Strauss Zelnick declined to provide a precise release date beyond “Fall 2025” for ‘GTA VI,’ stating that further announcements will be made by Rockstar in line with their marketing strategy.
The trailer for ‘Grand Theft Auto VI’ garnered unprecedented viewership on YouTube upon its December release, underscoring the immense anticipation for the game following over a decade since ‘GTA V.’
Zelnick addressed recent layoffs within the company and the gaming industry at large, expressing confidence in Take-Two’s current position and efficiency. Despite the challenges, Take-Two anticipates growth, including the pending acquisition of Gearbox, developer of ‘Borderlands.’
Looking ahead, Take-Two projects net bookings of $5.55 to $5.65 billion for fiscal year 2025. However, revenue from ‘Grand Theft Auto VI’ is attributed to fiscal year 2026, not factored into the estimated earnings for fiscal 2025.
For the current quarter ending June 30, 2024, Take-Two forecasts net bookings between $1.2 to $1.25 billion and revenue between $1.3 to $1.5 billion.
Take-Two’s stock closed Thursday at $146.08 per share, with regular U.S. stock markets set to reopen on Friday at 9:30 a.m. ET.
FALL 2025 #GTAVI pic.twitter.com/WovSAflm26
— Grand Theft Auto VI (@RockstarGTAV) May 16, 2024
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