GTA 5 Ships 54 Million Copies, as Take-Two Revenue Rises 142 Percent
Grand Theft Auto V has now shipped more than 54 million copies worldwide, parent publisher Take-Two Interactive announced on Monday as part of its latest earnings report for the quarter ended June 30. This is up from nearly 52 million three months ago.
Overall, Take-Two revenue rose by 142 percent to $366.4 million, compared to $151.6 million during the same period last year. The company posted an overall profit of $34.2 million for the quarter, which was much better than the $11.2 million net loss that Take-Two last recorded last year.
Revenue from digitally delivered content specifically was also up year-over-year, rising a healthy 139 percent to $254 million. The biggest contributors here were the GTA, NBA 2K, Borderlands, WWE 2K, andEvolve franchises.Take-Two’s “recurrent consumer spending” category, which includes virtual currency, DLC, and online games, rose 47 percent compared to last year. In all, this made up 36 percent of revenue from digitally delivered content, or 25 percent of total net revenue.
Catalog sales during the quarter came in at $67.5 million, led by the GTA and Borderlands franchises.
Take-Two will hold an earnings call to discuss these results and answer questions starting today at 1:30 PM PDT / 4:30 PM EDT. Check back later for more