GME FY 2025 Earnings Report — GameStop Corp. Revenue & Financial Results | Market Cap Arena

GameStop Corp.GME

FY 2025 Earnings

Reported March 24, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$3.6B	—	$3.8B	—	-5.1%
Op. Income	$286M	—	-$26M	—	1191.2%
Gross Margin	32.4%	—	29.1%	—	3.3pp
Net Margin	11.5%	—	3.4%	—	8.1pp
EPS (Diluted)	$0.77	—	$0.33	—	133.3%
Free Cash Flow	$597M	—	$130M	—	360.9%

Revenue Flow

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$891M
Other Expenses	$0
Operating Expenses	$891M
Cost & Expenses	$3.3B
OPERATING INCOME	$286M
Interest Income	$272M
Interest Expense	$0
Other Income/Expenses	$98M
INCOME BEFORE TAX	$384M
Income Tax Expense	-$34M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$418M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$418M
D&A	$20M
EBIT	$286M
EBITDA	$305M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$891M
Other Expenses	$0
Operating Expenses	$891M
Cost & Expenses	$3.3B
OPERATING INCOME	$286M
Interest Income	$272M
Interest Expense	$0
Other Income/Expenses	$98M
INCOME BEFORE TAX	$384M
Income Tax Expense	-$34M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$418M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$418M
D&A	$20M
EBIT	$286M
EBITDA	$305M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$418M
Depreciation & Amortization	$20M
Stock-Based Compensation	$2M
Deferred Income Tax	-$67M
Other Non-Cash Items	$243M
Change in Working Capital	$600.0K
OPERATING CASH FLOW	$615M
Capital Expenditure	-$18M
Acquisitions (Net)	-$100.0K
Purchases of Investments	-$2.8B
Sales/Maturities of Investments	$90M
Other Investing Activities	-$17M
NET CASH FROM INVESTING	-$3.2B
Net Debt Issuance	$4.1B
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$4.1B
FREE CASH FLOW	$597M
Net Change in Cash	$1.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$6.3B
Short-Term Investments	$2.7B
Net Receivables	$45M
Inventory	$403M
Other Current Assets	$550M
TOTAL CURRENT ASSETS	$10.0B
PP&E (Net)	$232M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$20M
Tax Assets	$148M
Other Non-Current Assets	$39M
TOTAL NON-CURRENT ASSETS	$438M
TOTAL ASSETS	$10.4B
Account Payables	$147M
Short-Term Debt	$88M
Deferred Revenue	$91M
Other Current Liabilities	$278M
TOTAL CURRENT LIABILITIES	$655M
Long-Term Debt	$4.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$61M
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$4.4B
TOTAL LIABILITIES	$5.0B
Common Stock	$200.0K
Additional Paid-In Capital	$5.3B
Retained Earnings	$205M
Treasury Stock	$0
Accum. Other Comp. Income	-$66M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.4B
Minority Interest	$0
TOTAL EQUITY	$5.4B
TOTAL LIABILITIES & EQUITY	$10.4B
Total Debt	$4.4B
Net Debt	-$1.9B