Take-Two confirmed during its Q1 FY2027 earnings call that GTA 6 is still on track for its November 19 release on PS5 and Xbox Series X|S. CEO Strauss Zelnick called preorders "unprecedented" — saying "no one's ever seen anything like this before at Take-Two, or in the industry" — and the company reaffirmed its full-year revenue guidance of $8–$8.2 billion, with Rockstar Games expected to account for roughly 37% of that.
The earnings call also addressed the Grand Theft Auto 6: An Extended Look, a gameplay reveal dropping August 27 with a six-hour Netflix exclusivity window before hitting YouTube. Take-Two framed it as a way to grow "consumers' passion and anticipation" ahead of launch. Zelnick described Netflix as "a close partner" and said Rockstar is simultaneously working "with virtually every social media outlet on Earth" as part of its marketing push. Financial terms of the Netflix deal were not disclosed. On pricing, Zelnick defended GTA 6's $80 tag as "phenomenal value" and "an incredible bargain," arguing that AAA game pricing hasn't kept pace with inflation and that Rockstar's track record of overdelivering justifies the cost. He was careful to temper preorder enthusiasm, though: "We haven't sold one unit yet. You can cancel a preorder."
The Netflix exclusivity arrangement has drawn criticism from fans who argue a gameplay trailer shouldn't be paywalled, even temporarily. PC Gamer pointed out the obvious — that the six-hour window will almost certainly collapse the moment someone records and torrents the stream. Kotaku, meanwhile, analyzed Rockstar's historical pattern of narrated gameplay trailers and noted that August 27 falls roughly 70 days before launch, consistent with how Rockstar has handled GTA 5 (80 days out) and Red Dead Redemption 2 (78 days out). Based on that history, the reveal is expected to be a narrated gameplay trailer running somewhere between five and seven minutes — not a 30-minute Nintendo Direct-style deep dive. Rockstar has not delayed a major title this close to launch before, which makes a delay announcement on the 27th unlikely.
Take-Two's broader financials showed Q1 revenue of $1.39 billion, slightly above its own forecast of $1.32–$1.37 billion. GTA 5 has now sold over 230 million copies worldwide, making it the second best-selling game of all time behind Minecraft. NBA 2K26 sold over 12 million units with 9% growth over NBA 2K25, and NBA 2K27 is due this September. All eyes, though, remain on November 19.
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