Take-Two Financials: Grand Theft Auto V has Sold Nearly 29 Million, Over 10 Unique Next-Gen Titles in Development
Take-Two Interactive released their financials for the second quarter of fiscal year 2014 today, revealing that Grand Theft Auto V has sold-in nearly 29 million copies since launch back in September. To put the GTA V sales in perspective, the game has already exceeded the lifetime sales of Grand Theft Auto IV in less than six weeks!
When it comes to hard numbers during the quarter, Non-GAAP net revenue was at $1.27 billion, a huge climb from the $288 million they saw in the same quarter last year. Obviously Grand Theft Auto V contributed greatly to this, but catalog sales of previous titles offered up $118.9 million, led by Grand Theft Auto IV and Borderlands 2. On the digital side, it grew over 85% to $105.5 million, led by the Grand Theft Auto series.
Keeping with the digital news, Grand Theft Auto V on the PlayStation Network became the biggest release ever, while the Games on Demand version for Xbox 360 became the highest grossing day 1 and week 1 release in the platform’s history.
Speaking to their amazing results was Chairman and CEO Strauss Zelnick, who revealed that GTA V has sold-in nearly 29 million copies and the company has over 10 unique next-gen titles in development right now:
During the fiscal second quarter, we delivered record Non-GAAP results driven by the unprecedented success of Rockstar Games’ Grand Theft Auto V. The title received stellar reviews, shattered entertainment industry records, and has already sold-in nearly 29 million units to date. The extraordinary success of Grand Theft Auto V illustrates the positive momentum in our business and consumers’ enduring appetite for the highest-quality interactive entertainment.
Take-Two has an extensive development pipeline of groundbreaking new intellectual properties and exciting titles from our proven franchises, along with digitally-delivered offerings to complement our core business. We currently have more than ten unique titles planned for next-generation consoles, including multiple releases slated for fiscal 2015. As a result, I am confident that we will be able to achieve Non-GAAP profitability in fiscal 2015 and every year for the foreseeable future.
Their future release calendar was mostly filled with what we already knew (Burial at Sea Part 2 is still TBA), but it did confirm that the Borderlands 2 Headhunter 2: Wattle Gobbler DLC is coming out in November.
What do you think of the sales for Grand Theft Auto V? Which games do you hope Take-Two has in development? Let us know in the comments below.