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Take-Two Q1 2023 Earnings: GTA V 170m, RDR2 45m, 2K22 12m, expect almost half of its sales this year to come from Zynga

vestan

vestan

#REFANTAZIO SWEEP
Member
Dec 28, 2017
24,757
  • GTA V at 170m units
  • Grand Theft Auto series at 380m units
  • RDR2 at 45m units
  • Red Dead Redemption series at 68m units
  • NBA 2K22 at 12m units
  • Borderlands 2 is still the best selling 2K title at 26m units, Borderlands 3 at 15m units
  • Borderlands series at 75m units
  • 8 new iterations of previously released titles in development
  • Midnight Suns delayed, PS4, Switch and Xbox One version pushed back even later
  • Grand Theft Auto: The Trilogy - The Definitive Edition (iOS and Android) still scheduled for release for sometime in fiscal 2023
  • Rollic's hyper-casual games at 1b+ lifetime downloads
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www.ign.com

Take-Two Expects Almost Half its Sales This Year to Come From Zynga's Mobile Games - IGN

Take-Two has just released its first set of earnings since it fully acquired mobile developer and publisher Zynga, and it looks like mobile is already playing an absolutely massive role in the publisher's future.
www.ign.com www.ign.com
Take-Two is expecting Zynga to account for a whopping 45% of its total net bookings for the entire fiscal year ending March of 2023, with 2K making up 37%, Rockstar accounting for 17%, and Private Division making up 1%.
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When asked if Take-Two was looking at mobile ports of existing games or spin-offs, he pointed out that Take-Two has historically brought many of its games to tablets and smartphones, but added that "what we're talking about when we talk about bringing Take-Two core intellection property to mobile is a brand new title made for mobile."
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www.businesswire.com

Take-Two Interactive Software, Inc. Reports Strong Results for Fiscal First Quarter 2023

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today reported strong results for the first quarter of its fiscal year 2023, ended June 30, 2022. In
www.businesswire.com
GAAP net revenue increased 36% to $1.1 billion, as compared to $813.3 million in last year's fiscal first quarter. Recurrent consumer spending (which is generated from ongoing consumer engagement and includes virtual currency, add-on content, in game purchases and in-game advertising) increased 44% and accounted for 75% of total GAAP net revenue.
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Last edited:

Deleted user 119316

Account closed at user request
Banned
Jun 22, 2022
443
Everyone but Rockstar to Red Dead Redemption 2:
45 million?! Wow! That's a huge number of sales. Congratulations.


Rockstar to Red Dead Redemption 2:

236065de49186df185973ac4316efd63.jpg
 
TheBrightestSun

TheBrightestSun

Banned
Jul 22, 2022
1,867
Yeah, I can see a lot of games going F2P in the future....With 75% of revenue coming from MTX you literally earn more just by removing the entry price.
 
Anth0ny

Anth0ny

Member
Oct 25, 2017
47,443
RDR2 numbers utterly insane, good for top 10 all time.


Also RDR2: lol dead game

Easily the craziest case of opportunity cost I've ever seen in this industry. GTAO is madness.
 
RoKKeR

RoKKeR

Member
Oct 25, 2017
15,472
M. Didia Iuliana said:
Everyone but Rockstar to Red Dead Redemption 2:
45 million?! Wow! That's a huge number of sales. Congratulations.


Rockstar to Red Dead Redemption 2:

236065de49186df185973ac4316efd63.jpg
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Came to reiterate the same thing. It's such a damn shame lol, just throw us a bone 60fps on next gen consoles ffs!

Edit: For someone who doesn't play it, can someone explain the main MTX loop for GTAO? Is it just the in-game money so you can buy more and more ridiculous things?
 
Anth0ny

Anth0ny

Member
Oct 25, 2017
47,443
RoKKeR said:
Edit: For someone who doesn't play it, can someone explain the main MTX loop for GTAO? Is it just the in-game money so you can buy more and more ridiculous things?
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Yeah. You pay a ridiculously large amount of real money for a ridiculously small amount of in game money to buy dumb shit you don't need.

The main draw of Online are the Heists, where you... are given specific outfits, weapons and vehicles you must use. AKA the shit you'd spend real money on.

No Season Pass either, which is baffling in 2022. Even Red Dead Online had them.

In the end, when you move 170 million copies, even a fraction of a percent of that being whales is going to generate absolute boatloads of revenue.
 
SimplyComplex

SimplyComplex

Member
May 23, 2018
4,060
I forget just how huge Borderlands was. Obviously 3 sold a lot but Borderlands had a huge cultural impact back in the day
 
BloodHound

BloodHound

Member
Oct 27, 2017
9,087
75% of revenue from MTX.

Imagine if GTA Online was actually F2P. 10x the players is probably worth the revenue lost from selling individual SKUs.
GTA 6 will probably be a$70 SP only release and they are gonna pull a COD and make GTA Online a separate F2P client.
 
ThereAreFourNaan

ThereAreFourNaan

Member
Nov 8, 2017
13,248
TheBrightestSun said:
What 2K produces aside NBA? Does that mean that NBA generates 37% of revenue? Two times more than GTA Online? Sports are crazy profitable.
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The two main non sports releases were:

The Quarry
Tiny Tina's Wonderland

In general 2k does things like (other than sports which is definitely a big earner) Civilization, Bioshock, Mafia, Borderlands, Xcom.
 
Shopolic

Shopolic

Avenger
Oct 27, 2017
6,949
45 million is an amazing number, but I wish it was even more than that. RDR2 is a fantastic game and more people should experience it.
 
Lord Fanny

Lord Fanny

Member
Apr 25, 2020
26,071
So only the PC and next gen versions of Midnight Suns are planned for the first of next fiscal year, but the old gen and Switch versions could be even longer. Something definitely feels up with the development of that game beyond just needing some polish.
 
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