It is astonishing that GTA V continues to register fantastic sales even three years after it was first released. Where most major games experience depreciating sales with time, the latest installment in the action-adventure sandbox franchise has cemented itself in every sales chart for every month worldwide.
During its earnings call for the fourth quarter and fiscal year ended March 31, 2017, parent company Take-Two Interactive announced that GTA V has now shipped more than 80 million units. The figure includes all platforms and formats, and is up by 5 million units in the last year. 75 percent of the total sales were physical compared to 25 percent digital, which is surprising since the recent popularity of purchasing games online has seen a sharp increase in that desired format. Do note that that the sales account for units shipped directly to retailers and not consumers.
“The title continues to attract and delight new audiences, especially as the installed base of PlayStation 4 and Xbox One expands further,” said Take-Two CEO Strauss Zelnick.
The recent announcement of Red Dead Redemption 2 being delayed saw the company’s share prices take a small dive. However, the sales tally of GTA V has forced the stocks back up.
For its full fiscal year, Take-Two Interactive reported a net revenue of $1.780 billion, up 26 percent compared to $1.414 billion year-over-year. GTA V and its multiplayer module, GTA Online, were major contributors to the overall revenue; alongside NBA 2K16 and NBA 2K17, Mafia 3, WWE 2K17, and Civilization 6.
Digitally revenue was up 32 percent to $921.7 million, compared to $697.7 million year-over-year. Recurrent consumer spending, which covers virtual currency, downloadable add-on content and microtransactions, accounted for 50 percent of digital revenue, or 26 percent of total net revenue.
Red Dead Redemption 2 is now scheduled for a release next year.