GameStop

GME Q4 2026 Earnings

Reported Dec 9, 2025 at 4:03 PM ET · SEC Source

Q4 26 EPS

$N/A

Q4 26 Revenue

N/A

vs S&P Since Q4 26

+16.9%

BEATING MARKET

GME +21.7% vs S&P +4.8%

Market Reaction

Did GME Beat Earnings? Q4 2026 Results

GameStop delivered a sharply mixed fiscal Q3 FY2025 report, posting an adjusted earnings beat while falling well short of Wall Street's revenue expectations, sending shares lower in the days that followed. The company earned an adjusted $0.24 per dil… Read more GameStop delivered a sharply mixed fiscal Q3 FY2025 report, posting an adjusted earnings beat while falling well short of Wall Street's revenue expectations, sending shares lower in the days that followed. The company earned an adjusted $0.24 per diluted share, clearing the $0.20 consensus estimate by 20.00%, yet revenue of $821.00 million missed the $987.28 million forecast by 16.84% and declined 4.60% from the year-ago quarter as store rationalization and the divestiture of international operations in Canada and France continued to compress the top line. The most compelling driver of the profit improvement was a dramatic cost overhaul, with SG&A expenses falling to $221.40 million from $282.00 million a year prior, swinging the company to $41.30 million in operating income from a $33.40 million operating loss. Gross margin expanded to 33.3% from 29.9%, aided by a growing collectibles mix, which climbed to 31.2% of sales. GameStop's balance sheet transformation, anchored by roughly $8.80 billion in cash and securities and a newly disclosed $519.40 million Bitcoin position, added further intrigue to an already unconventional turnaround story.

Key Takeaways

  • SG&A expenses reduced to $221.4 million from $282.0 million year-over-year
  • Gross profit margin expanded to 33.3% from 29.9%
  • Collectibles category grew to 31.2% of sales from 19.9%
  • Interest income of $49.0 million from massive cash and marketable securities holdings
  • Strong cost discipline across store-related and other operating expenses
24/7 Wall St

GME YoY Financials

Q4 2026 vs Q4 2025, source: SEC Filings

24/7 Wall St

GME Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q3 26
24/7 Wall St

GME Revenue by Geography

With YoY comparisons, source: SEC Filings

Q4 25 Q3 26