GME

MKT CAP:$11B

GameStop Corp.

Market Cap

$11B

Consumer Cyclical·Specialty Retail·🇺🇸 United States·NYSE

Consumer Cyc.·Specialty Retail·🇺🇸·NYSE

Stock Price

$25.01+$4.39 (+21.29%)

Apr 23, 2026

Company Details

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; ...

CEO

Ryan Cohen

IPO Date

Feb 13, 2002

Website

www.gamestop.com

Key Metrics TTM

Revenue

$3.6B

-23.7% YoY

Net Income

$418M

EPS (Diluted)

$0.77

Free Cash Flow

$597M

Revenue / Share

$6.61

Gross Margin

33.0%

Operating Margin

6.7%

Net Margin

11.5%

FCF Margin

16.5%

P/S

3.1x

P/E

26.8x

Earnings Reports

FY 2025

Mar 24, 2026

$3.6B-5.1%EPS $0.77

Q4 2025

Mar 24, 2026

$1.1B-13.9%EPS $0.24

Q3 2025

Dec 9, 2025

$821MEPS $0.13

Q2 2025

Sep 9, 2025

$972M+21.8%EPS $0.31

Q1 2025

Jun 10, 2025

$732M-16.9%EPS $0.09

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$2.3B	$378M	-$167M
Q1 22	$1.4B	$299M	-$154M
Q2 22	$1.1B	$282M	-$108M
Q3 22	$1.2B	$292M	-$96M
Q4 22	$2.2B	$500M	$46M
Q1 23	$1.2B	$287M	-$58M
Q2 23	$1.2B	$306M	-$17M
Q3 23	$1.1B	$282M	-$15M
Q4 23	$1.8B	$419M	$55M
Q1 24	$882M	$245M	-$51M
Q2 24	$798M	$249M	-$22M
Q4 24	$1.3B	$363M	$80M
Q1 25	$732M	$253M	-$11M
Q2 25	$972M	$283M	$66M
Q3 25	$821M	$273M	$41M
Q4 25	$1.1B	$387M	$145M

Valuation

Quarter	P/S	P/E
Q4 21	1.4x	—
Q1 22	1.5x	—
Q2 22	1.7x	—
Q3 22	1.4x	—
Q4 22	1.1x	—
Q1 23	1.0x	—
Q2 23	1.2x	—
Q3 23	0.7x	—
Q4 23	0.9x	674.1x
Q1 24	1.3x	253.1x
Q2 24	2.0x	212.5x
Q4 24	2.4x	65.4x
Q1 25	3.2x	75.0x
Q2 25	2.7x	28.2x
Q3 25	2.6x	23.5x
Q4 25	3.2x	27.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$110M	-$132M
Q1 22	-$304M	-$315M
Q2 22	-$103M	-$124M
Q3 22	$177M	$164M
Q4 22	$338M	$327M
Q1 23	-$103M	-$112M
Q2 23	-$109M	-$119M
Q3 23	$19M	$11M
Q4 23	-$11M	-$19M
Q1 24	-$110M	-$115M
Q2 24	$69M	$66M
Q4 24	$162M	$159M
Q1 25	$193M	$190M
Q2 25	$117M	$113M
Q3 25	$111M	$107M
Q4 25	$194M	$187M

Capital Expenditures

Quarter	CapEx
Q4 21	$21M
Q1 22	$11M
Q2 22	$21M
Q3 22	$13M
Q4 22	$12M
Q1 23	$9M
Q2 23	$10M
Q3 23	$8M
Q4 23	$8M
Q1 24	$5M
Q2 24	$3M
Q4 24	$4M
Q1 25	$3M
Q2 25	$4M
Q3 25	$4M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+6.2%	+15.1%
Q1 22	+8.0%	+16.3%
Q2 22	-4.0%	+0.2%
Q3 22	-8.5%	-8.3%
Q4 22	-1.2%	-9.9%
Q1 23	-10.3%	-15.4%
Q2 23	+2.4%	-5.1%
Q3 23	-9.1%	-14.8%
Q4 23	-19.4%	-20.3%
Q1 24	-28.7%	-28.0%
Q2 24	-31.4%	-30.5%
Q4 24	+18.9%	+10.0%
Q1 25	-59.2%	-57.2%
Q2 25	+10.3%	-2.9%
Q3 25	+2.8%	-4.9%
Q4 25	-13.9%	-20.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$10M	0.4%
Q1 22	$11M	0.8%
Q2 22	$8M	0.7%
Q3 22	$13M	1.1%
Q4 22	$8M	0.4%
Q1 23	$8M	0.6%
Q2 23	-$300.0K	-0.0%
Q3 23	$6M	0.6%
Q4 23	$8M	0.5%
Q1 24	$600.0K	0.1%
Q2 24	$5M	0.7%
Q4 24	$6M	0.4%
Q1 25	$6M	0.8%
Q2 25	$6M	0.6%
Q3 25	$8M	0.9%
Q4 25	-$500.0K	-0.0%

OpEx Breakdown

Quarter	SG&A
Q4 21	$539M
Q1 22	$452M
Q2 22	$388M
Q3 22	$388M
Q4 22	$453M
Q1 23	$346M
Q2 23	$323M
Q3 23	$297M
Q4 23	$359M
Q1 24	$295M
Q2 24	$271M
Q4 24	$283M
Q1 25	$228M
Q2 25	$219M
Q3 25	$221M
Q4 25	$242M

Revenue Segments

Quarter	Collectibles	New Video Game Hardware	Software
Q1 22	$221M	$674M	$484M
Q2 22	$223M	$596M	$316M
Q3 22	$207M	$627M	$352M
Q1 23	$173M	$726M	$338M
Q2 23	$170M	$597M	$397M
Q3 23	$178M	$579M	$321M
Q1 24	$137M	$505M	$240M
Q2 24	$139M	$451M	$208M
Q1 25	$212M	$345M	$176M
Q2 25	$228M	$592M	$153M
Q3 25	$256M	$367M	$198M
Q4 25	$365M	$536M	$204M

Revenue by Geography

Quarter	Video Game Brands - Australia	Video Game Brands - Canada	Video Game Brands - Europe	Video Game Brands - United States
Q1 22	$127M	$77M	$180M	$995M
Q2 22	$114M	$62M	$166M	$793M
Q3 22	$123M	$68M	$197M	$799M
Q1 23	$115M	$63M	$227M	$832M
Q2 23	$124M	$66M	$214M	$760M
Q3 23	$102M	$61M	$222M	$693M
Q1 24	$80M	$43M	$142M	$617M
Q2 24	$88M	$38M	$127M	$546M
Q1 25	$82M	$38M	$75M	$538M
Q2 25	$141M	—	$107M	$725M
Q3 25	$110M	—	$94M	$617M
Q4 25	$162M	—	$154M	$789M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.0B	$0	$1.0B
Q2 22	$909M	$0	$909M
Q3 22	$804M	$238M	$1.0B
Q4 22	$1.1B	$252M	$1.4B
Q1 23	$1.1B	$253M	$1.3B
Q2 23	$895M	$300M	$1.2B
Q3 23	$909M	$301M	$1.2B
Q4 23	$922M	$278M	$1.2B
Q1 24	$1000M	$83M	$1.1B
Q2 24	$4.2B	$11M	$4.2B
Q3 24	$4.6B	$33M	$4.6B
Q4 24	$4.8B	$18M	$4.8B
Q1 25	$6.4B	$0	$6.4B
Q2 25	$8.7B	$0	$8.7B
Q3 25	$7.8B	$987M	$8.8B
Q4 25	$6.3B	$2.7B	$9.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	304M	0.0%	+11.7%
Q1 22	304M	0.0%	+15.0%
Q2 22	304M	+0.2%	+4.8%
Q3 22	304M	0.0%	+0.2%
Q4 22	305M	+0.1%	+0.3%
Q1 23	305M	0.0%	+0.3%
Q2 23	305M	+0.1%	+0.2%
Q3 23	305M	+0.2%	+0.4%
Q4 23	306M	+0.1%	+0.4%
Q1 24	306M	+0.1%	+0.5%
Q2 24	387M	+26.6%	+27.0%
Q4 24	448M	+15.6%	+46.6%
Q1 25	498M	+11.2%	+62.9%
Q2 25	547M	+9.8%	+78.7%
Q3 25	592M	+8.3%	+52.8%
Q4 25	549M	-7.2%	+22.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$187.8K	12K
Q1 22	$114.9K	12K
Q2 22	$94.7K	12K
Q3 22	$98.9K	12K
Q4 22	$202.4K	11K
Q1 23	$112.5K	11K
Q2 23	$105.8K	11K
Q3 23	$98.0K	11K
Q4 23	$163.1K	11K
Q1 24	$110.2K	8K
Q2 24	$99.8K	8K
Q4 24	$160.3K	8K
Q1 25	$122.1K	6K
Q2 25	$162.0K	6K
Q3 25	$136.8K	6K
Q4 25	$276.1K	4K

Revenue / Employee