GameStop

GME Q4 2025 Earnings

Reported Mar 24, 2026 at 4:02 PM ET · SEC Source

Q4 25 EPS

$0.49

BEAT +512.50%

Est. $0.08

Q4 25 Revenue

$1.10B

MISS 25.26%

Est. $1.48B

Full Year 2025 Results

FY 25 EPS

$1.18

BEAT +1,585.71%

Est. $0.07

FY 25 Revenue

$3.63B

MISS 9.66%

Est. $4.02B

Did GME Beat Earnings? Q4 2025 Results

GameStop delivered a financially complex fourth quarter, posting earnings of $0.49 per share on revenue of $1.10 billion for the period ended January 31, 2026, as the company's aggressive cost-cutting strategy drove profitability sharply higher even … Read more GameStop delivered a financially complex fourth quarter, posting earnings of $0.49 per share on revenue of $1.10 billion for the period ended January 31, 2026, as the company's aggressive cost-cutting strategy drove profitability sharply higher even as sales fell from $1.28 billion a year ago. The single most transformative development was GameStop's dramatic balance sheet expansion, fueled by $4.20 billion in zero-coupon convertible note issuances that pushed cash, equivalents, and marketable securities to $9.01 billion, nearly double the $4.77 billion held a year prior. Gross margin expanded to 35.0% from 28.3%, while SG&A costs were cut to $241.50 million from $282.50 million, lifting operating income to $135.20 million from $79.80 million. The company also entered the Bitcoin market, purchasing $500.00 million in digital assets, though that position generated a $151.00 million loss in the quarter. Shares have risen 20% in 2026 as GameStop continues reinventing itself beyond traditional retail, with no conference call held and no forward guidance provided.

Key Takeaways

  • Gross profit margin expansion to 35.0% from 28.3% year-over-year in Q4
  • SG&A expense reduction of $41 million year-over-year in Q4
  • Collectibles segment grew to 33.1% of Q4 net sales from 21.1% in prior year
  • Interest income of $86.0 million in Q4 from large cash and securities holdings
  • Income tax benefit of $50.9 million in Q4
24/7 Wall St

GME YoY Financials

Q4 2025 vs Q4 2024, 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