Grand Theft Auto VI Release Date Delayed

Gta 6 delayed

Rockstar Games has officially announced that the highly anticipated Grand Theft Auto VI will hit the shelves in fall 2025. This revelation came as parent company Take-Two Interactive revealed its financial report for the fourth quarter and full fiscal year of 2024.

But amid exciting news about the game’s release, Take-Two reported a significant loss of $2.9 billion from January 1 to March 31 period. This unexpected loss was primarily due to a goodwill charge, acquisition-related expenses, and restructuring costs.

Despite the setback, Take-Two CEO Strauss Zelnick remains optimistic about the future. He assured stakeholders that the company is in a solid position and does not require further layoffs. Zelnick highlighted Take-Two’s commitment to creativity, efficiency, and innovation as key pillars of its strategy.

One of the best parts of Take-Two’s upcoming plans is the acquisition of Gearbox, the developer behind popular titles like Borderlands and Tiny Tina’s Wonderland. This move is expected to strengthen Take-Two’s portfolio and contribute to future growth.

Looking ahead, Take-Two projects net bookings of $5.55 to $5.65 billion for fiscal year 2025, with an estimated net loss ranging from $674 to $606 million. However, it’s worth noting that these projections do not include revenue from Grand Theft Auto VI, which is slated for release in fiscal year 2026.

For the current quarter crossing April 1 to June 30, 2024, Take-Two forecasts net bookings of $1.2 to $1.25 billion and revenue of $1.3 to $1.5 billion. The company expects a net loss between $272 and $245 million during this period.

Despite the financial challenges, Take-Two’s stock closed at $146.08 per share, indicating investor confidence in the company’s long-term prospects. As gamers eagerly await the arrival of Grand Theft Auto VI, all eyes are on Take-Two Interactive and its future endeavors in the gaming industry.