Take-Two Interactive has raised its fiscal year 2026 bookings forecast to $6.05–$6.15 billion, up from a prior estimate of $5.9–$6 billion, following strong demand for new titles "Mafia: The Old Country" and "Borderlands 4."

The company maintained the May 26 release date for the highly anticipated "Grand Theft Auto VI," which is expected to generate billions shortly after launch.

Despite broader economic challenges and rising hardware costs driven by U.S. tariffs, Take-Two expects growth fueled by its new AAA games and core sports titles.

First-quarter bookings came in at $1.42 billion, surpassing the estimated $1.31 billion, largely due to robust mobile game performance.

The competitive landscape intensifies with upcoming rivals like Sony's "Ghost of Yotei" and EA's "Battlefield 6."

The peak September to December window remains crucial for game sales due to seasonal buyer spending.