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Gamestop Corp. (GME) stock

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NYSE: GME NYSE Computer & Electronics Retail Next results ~December 8, 2026

C Fundamentals grade

Gamestop Corp. is a US-listed company in the computer & electronics retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$14

Cash-flow model

Base case. Range ~$11–$18 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 41% below it.

Price used: $24.46, November 3, 2026

Gamestop Corp. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 2 selling17 purchases and 13 sales by directors and officers, last 12 monthsInsider trades
  • Funds157 adding, 156 cuttingOf 34 active managers that changed their stake, 11 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Gamestop files

Where Gamestop stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $3.55bn, down 7.7% on a year earlier, slower than 1.6% a quarter earlier. That puts it 913 of 931 for growth among all the companies we cover. Free-cash-flow margin rose to 19.4% from 12.5% a year earlier. Operating margin widened to 13.5% from 2.7%. The diluted share count is up 21.1% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $9.81 a share, against a share price of $26.23.

Source: 10-Q filed September 9, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 8, 2026 (estimated)

Gamestop Corp.'s trailing-twelve-month revenue fell 7.7% year on year, with a free-cash-flow margin of 19.4%. Where it stands out: net margin of 25.2% ranks 11 of 454 consumer discretionary companies we cover. Where it lags: change in share count of 21.1% ranks 377 of 408 consumer discretionary companies we cover.

Our discounted-cash-flow model values the business at ~$14 per share in the base case (~$11–$18 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 42.8% while net income grew 146.7%: a 104pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 10.9 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.7bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 53.7% over 90 days.

Things to watch

  • Priced above our value. The share price of $24.19 is 41% above our value per share of $14.
  • Revenue shrinking. Revenue fell 7.7% over the last 12 months.
  • Growth slowing. The growth rate is 9.3 points lower than a quarter earlier.
  • Share dilution. Diluted shares rose 21.1% in a year.
  • Weak cash conversion. Free cash flow was 77% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 37.4% ranks 238 of 317 consumer discretionary companies we cover (median 18.2%).

Latest results: FY2027 Q2

Filed September 9, 2026
Earnings per share
$0.27 against an average estimate of $0.27: beat by 0.0%
Revenue
$790m, down 18.7% on a year earlier
Share reaction
+3.8% in the first session after the results on September 8, 2026, against -1.0% for the S&P 500
Guidance given
adjusted EBITDA $650m (the fiscal year ending January 30, 2027)
Next report
December 8, 2026; average EPS estimate $0.37

Gamestop's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.1%
  • 1 week+4.7%
  • 1 month-1.0%
  • This year+20.5%
  • 1 year+10.7%
  • 5 years-55.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$3.6B
Operating margin
13.5%
Net margin
25.2%
EPS (TTM, diluted)
$1.53

Growth

Revenue growth
−7.7%
Change in growth rate
−9.3 pts
Share count change
+21.1%

Cash

Free cash flow (TTM)
$688M
FCF margin
19.4%
Stock pay % of revenue
0.9%

Earnings

Last results
September 8, 2026
Next results (est.)
December 7, 2026

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Announcement
  3. Insider trade
  4. Insider trade
  5. Insider trade
  6. Insider trade
  7. Insider trade
  8. Announcement
  9. Results
  10. Insider trade
  11. Guidance
  12. Financing
  13. Results
  14. Financing
  15. Agreement
  16. Shareholder vote
  17. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Gamestop Corp. valuation models and calculator

What the price is pricing in

The share price implies about 14.0% a year of cash-flow growth for five years.That is faster than the -10.0% a year revenue growth Gamestop has delivered.

  • Priced in14.0%
  • Last 12 months-7.7%
  • 3 years a year-15.2%
  • 5 years a year-10.0%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($24.46, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$14
Price used
$24.46close November 3, 2026
Implied change
▼ 41%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Gamestop Corp.'s free cash flow after stock-based pay with after-tax interest added back ($309M, FY2027 Q2 TTM), growing 8.4% and 3.2% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$11–~$18 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Gamestop Corp.'s free cash flow after stock-based pay ( $309M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Gamestop Corp. as an operating company, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.75 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$14 ~$11–$18 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$23 ~$15–$43 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.0 Left out: out of range vs price (0.00x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$17 ~$14–$23 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Gamestop Corp. with Consumer Discretionary sector in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +31%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ +49%
  • Discount rate 1 point higher ▼ −13%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $12$15$20$26$34$45
8.5% $10$12$16$20$26$33
10% $8$10$13$16$21$26

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$5.06$4.94$3.55$2.72$0.96$81.25$24.48$22.82$14.73$26.90$23.88$24.19
Market value$2.2bn$2.1bn$1.4bn$1.1bn$336m$21.1bn$7.1bn$6.9bn$4.5bn$10.6bn$13.1bn$14.1bn
+ Net debt (− = net cash)−$450m−$665m−$854m−$1.6bn−$499m−$509m−$1.3bn−$1.1bn−$922m−$4.8bn−$6.3bn−$687m
Enterprise value$1.7bn$1.4bn$585m−$514m−$163m$20.6bn$5.8bn$5.8bn$3.6bn$5.9bn$6.8bn$13.4bn
Multiples
Price / sales 0.2x0.3x0.2x0.1x0.1x4.2x1.2x1.2x0.9x2.8x3.6x4.0x
Price / earnings 5.4x5.8x41.5x—————n/m80.9x31.3x15.8x
Price / free cash flow 4.5x5.2x4.5x4.8x—n/m—132.7x—81.9x22.0x20.5x
EV / EBITDA 2.1x2.2x1.0x—————164.7xn/m27.1x—

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

34 /100

Weak moat

How hard Gamestop's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Cash operating profit has been a median 3.4% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 28.0%, moving by 4.4 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -1.4%; its worst year was -15.1%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.5% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 43.6% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (39 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 8, 2026, before the open. Analysts expect revenue of $811m and EPS of $0.37 (range $0.37 to $0.37) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.80 — $3.9bn +8%
Next $1.86 +3% $4.3bn +11%

Next year's EPS estimate has moved +53.7% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +65.1% on 90 days ago. In the last 30 days, 1 analyst raised Gamestop Corp.'s forecast and 0 cut it.

Consensus EPS forecast Gamestop Corp., last 90 days
$1.00 $1.20 $1.40 $1.60 $1.80 $2.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.09 Current fiscal year, 60 days ago: $1.09 Current fiscal year, 30 days ago: $1.30 Current fiscal year, 7 days ago: $1.30 Current fiscal year, Now: $1.80 $1.80 Next fiscal year, 90 days ago: $1.21 Next fiscal year, 60 days ago: $1.21 Next fiscal year, 30 days ago: $1.37 Next fiscal year, 7 days ago: $1.37 Next fiscal year, Now: $1.86 $1.86

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.09$1.21
60 days ago $1.09$1.21
30 days ago $1.30$1.37
7 days ago $1.30$1.37
Now $1.80$1.86

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $0.27 $0.27 0.0%
Apr 2026 $0.16 $0.30 +87.5%
Oct 2025 $0.20 $0.24 +20.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 8, 2026
  • Adjusted EBITDA the fiscal year ending January 30, 2027 about $650m Non-GAAP Raised
    “For the fiscal year ending January 30, 2027, the Company now expects to generate Adjusted EBITDA in excess of $650 million, an increase from its prior outlook of Adjusted EBITDA in excess of $600 million provided on June 26, 2026.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Gamestop Corp.'s revenue by +8.4% next year and +3.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+16.0%, weight 45%) and the company's own record (+2.0%, weight 55%) . How the weights are set.

Positioning

Short interest
10.3%
of tradable shares
Days to cover
4.33
at average volume
Short interest, 1 month
+23%
to October 15, 2026
Held by institutions
33%
of shares
Held by insiders
8.7%
of shares
Employees
4,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +8.5%

$22.29 on October 31, 2025 to $24.19

ThenNowEffect
Revenue (last 12 months) $3.8bn $3.6bn −7.7%
Net margin 9.4% 25.2% +167.3%
P/E multiple 29.7x 15.8x −46.7%
Share count 483m 584m −17.4%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
GME+688%−50%−5%+79%−36%+21%
Industry peers (median)——————
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
GME50%33%50%50%33%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
GME−88%−62%−56%−62%−43%−33%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 92% from November 5, 2015 to April 3, 2020. Getting back needed a 1181% gain, reached on January 14, 2021, 286 days after the low.

Price behaviour

52-week range
$17.87 – $28.02
From 52-week high
−13.7%
vs 50-day average
+5.0%
vs 200-day average
+6.6%
Volatility (1 year)
39%
Beta vs S&P 500
0.49

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±10.1%
After a week
5 up, 7 down
typical move ±14.5%
After a month
7 up, 5 down
typical move ±17.4%
Results releasedNext dayS&P 500 next day5 days21 days
September 8, 2026 +3.8% −1.0% +11.9% +28.3%
August 31, 2026 +5.3% −1.0% +5.7% +37.9%
June 2, 2026 +3.8% −0.6% +4.3% +6.8%
March 24, 2026 +0.2% +0.2% 0.0% +8.6%
December 9, 2025 −5.3% +0.6% −4.6% −9.1%
September 9, 2025 +5.0% +0.5% +13.4% +5.1%
June 10, 2025 −5.9% +0.3% −24.2% −23.1%
March 25, 2025 +10.7% −1.0% −11.7% +5.7%
December 10, 2024 +3.7% +0.5% +11.9% +11.1%
September 10, 2024 −14.9% +1.5% −16.9% −15.5%
June 7, 2024 −46.7% +0.2% −38.3% −46.4%
May 17, 2024 −16.4% +0.3% −31.3% −10.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Gamestop Corp.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 3, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Includes results

A results date falls inside these options’ life. Implied volatility is meant to be higher for that, so we do not call it rich.

  • Implied is 1.35× the last 60 days’ realised volatility .
  • Calls are priced 5 points richer than puts (25-delta): demand for upside is high, which favours selling calls over puts.
  • Why: an earnings date falls inside the option's life, so implied volatility is expected to be high.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

GME Gamestop Corp. Grade C $24.44

Own 100 shares, sell the $27.00 call expiring December 11, 2026 (38 days) for $0.83 a share — $83.00 per contract.

Bid $0.83, ask $0.95, quoted Tue 3 Nov, 14:27 New York time with GME at $24.44. Option prices move with the shares: check the live chain at your broker before trading.

  • If GME ends below $27.00: you keep your shares and the $83.00 — 3.4% extra on the position, 32.6% a year at that pace.
  • If it ends above $27.00: your shares are sold at $27.00, a total return of 13.9% including the premium — at or above our value of ~$14.
$339 $0 −$472 Break-even $23.61 Price $24.44 ← Our value ~$14
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$83.00
Annualised
32.6%
Break-even
$23.61
Max gain
$339
Chance of selling
~33%

Results are expected around December 7, 2026, before this option expires: the share price can jump on results, and the premium partly reflects that.

Collar

Own the shares, buy the $23.00 put and sell the $27.00 call, both expiring December 11, 2026 (38 days).

  • Net cost of $0.13 a share ($13.00 per contract of 100 shares).
  • Worst case at expiry: -6.4%, if the shares fall below $23.00 (-5.9% from today).
  • Best case at expiry: +9.9%, if the shares rise above $27.00 (+10.5%); gains beyond that go to the call buyer.

Offered because the shares trade at or above our fair value of $14.00: a way to hold on with a floor under the price, paid for by giving up upside the model does not expect. Strikes near 25-delta; the put at its ask and the call at its bid. Protection has a cost over time: research on protective puts finds they have usually lowered returns.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Gamestop Corp. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Gamestop Corp.
$3B $4B $5B $6B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $5.7B Revenue (TTM), FY24 Q4: $5.3B Revenue (TTM), FY25 Q1: $4.9B Revenue (TTM), FY25 Q2: $4.6B Revenue (TTM), FY25 Q3: $4.3B Revenue (TTM), FY25 Q4: $3.8B Revenue (TTM), FY26 Q1: $3.7B Revenue (TTM), FY26 Q2: $3.8B Revenue (TTM), FY26 Q3: $3.8B Revenue (TTM), FY26 Q4: $3.6B Revenue (TTM), FY27 Q1: $3.7B Revenue (TTM), FY27 Q2: $3.6B $3.6B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $5.7B
FY24 Q4 $5.3B
FY25 Q1 $4.9B
FY25 Q2 $4.6B
FY25 Q3 $4.3B
FY25 Q4 $3.8B
FY26 Q1 $3.7B
FY26 Q2 $3.8B
FY26 Q3 $3.8B
FY26 Q4 $3.6B
FY27 Q1 $3.7B
FY27 Q2 $3.6B
Revenue growth, TTM YoY Gamestop Corp.
-30% -20% -10% 0% 10% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -4.2% Revenue growth, TTM YoY, FY24 Q4: -11.0% Revenue growth, TTM YoY, FY25 Q1: -15.0% Revenue growth, TTM YoY, FY25 Q2: -21.7% Revenue growth, TTM YoY, FY25 Q3: -24.0% Revenue growth, TTM YoY, FY25 Q4: -27.5% Revenue growth, TTM YoY, FY26 Q1: -25.3% Revenue growth, TTM YoY, FY26 Q2: -15.5% Revenue growth, TTM YoY, FY26 Q3: -12.1% Revenue growth, TTM YoY, FY26 Q4: -5.1% Revenue growth, TTM YoY, FY27 Q1: 1.6% Revenue growth, TTM YoY, FY27 Q2: -7.7% -7.7%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -4.2%
FY24 Q4 -11.0%
FY25 Q1 -15.0%
FY25 Q2 -21.7%
FY25 Q3 -24.0%
FY25 Q4 -27.5%
FY26 Q1 -25.3%
FY26 Q2 -15.5%
FY26 Q3 -12.1%
FY26 Q4 -5.1%
FY27 Q1 1.6%
FY27 Q2 -7.7%
Operating margin (TTM) Gamestop Corp.
-5% 0% 5% 10% 15% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: -0.8% Operating margin (TTM), FY24 Q4: -0.7% Operating margin (TTM), FY25 Q1: -0.5% Operating margin (TTM), FY25 Q2: -0.7% Operating margin (TTM), FY25 Q3: -1.2% Operating margin (TTM), FY25 Q4: -0.7% Operating margin (TTM), FY26 Q1: 0.4% Operating margin (TTM), FY26 Q2: 2.7% Operating margin (TTM), FY26 Q3: 4.6% Operating margin (TTM), FY26 Q4: 6.4% Operating margin (TTM), FY27 Q1: 10.3% Operating margin (TTM), FY27 Q2: 13.5% 13.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 -0.8%
FY24 Q4 -0.7%
FY25 Q1 -0.5%
FY25 Q2 -0.7%
FY25 Q3 -1.2%
FY25 Q4 -0.7%
FY26 Q1 0.4%
FY26 Q2 2.7%
FY26 Q3 4.6%
FY26 Q4 6.4%
FY27 Q1 10.3%
FY27 Q2 13.5%
FCF margin (TTM) Gamestop Corp.
-10% 0% 10% 20% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 1.9% FCF margin (TTM), FY24 Q4: -4.5% FCF margin (TTM), FY25 Q1: -4.9% FCF margin (TTM), FY25 Q2: -1.2% FCF margin (TTM), FY25 Q3: -1.1% FCF margin (TTM), FY25 Q4: 3.4% FCF margin (TTM), FY26 Q1: 11.8% FCF margin (TTM), FY26 Q2: 12.5% FCF margin (TTM), FY26 Q3: 14.9% FCF margin (TTM), FY26 Q4: 16.5% FCF margin (TTM), FY27 Q1: 19.8% FCF margin (TTM), FY27 Q2: 19.4% 19.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 1.9%
FY24 Q4 -4.5%
FY25 Q1 -4.9%
FY25 Q2 -1.2%
FY25 Q3 -1.1%
FY25 Q4 3.4%
FY26 Q1 11.8%
FY26 Q2 12.5%
FY26 Q3 14.9%
FY26 Q4 16.5%
FY27 Q1 19.8%
FY27 Q2 19.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Gamestop took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $3.6B
  2. Other income $186M · 5.1%
  3. Cost of revenue $2.4B · 67.0%
  4. Gross profit $1.2B · 33.0%
  5. Selling, general and admin $910M · 25.1%
  6. Other operating costs $53.8M · 1.5%
  7. Operating income $232M · 6.4%
  8. Net income $418M · 11.5%

Shares of revenue. Source: Gamestop's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 9,078 9,474 9,551 8,887 9,040 9,296 9,364 7,965 8,547 8,285 6,466 5,090 6,011 5,927 5,273 3,823 3,630 3,551
Gross profit 2,435 2,538 2,680 2,652 2,661 2,776 2,918 2,500 2,485 2,308 1,909 1,260 1,348 1,372 1,294 1,114 1,196 1,346
EBITDA 800 837 756 135 740 773 805 618 562 −596 −304 −158 −292 −250 22 12 252 —
Operating income 637 663 570 −42 574 618 648 482 439 −702 −400 −238 −369 −312 −35 −26 232 480
Net income 377 408 340 −270 354 393 403 353 35 −673 −471 −215 −381 −313 7 131 418 893
Diluted EPS $0.56 $0.66 $0.60 −$0.53 $0.75 $0.87 $0.94 $0.85 $0.09 −$1.65 −$1.34 −$0.83 −$1.31 −$1.03 $0.02 $0.33 $0.77 $1.53
Growth (year on year)
Revenue +3.1% +4.4% +0.8% −7.0% +1.7% +2.8% +0.7% −14.9% +7.3% −3.1% −22.0% −21.3% +18.1% −1.4% −11.0% −27.5% −5.1% −7.7%
EBITDA −2.5% +4.7% −9.7% −82.2% — +4.4% +4.2% −23.2% −9.2% −206.2% — — — — — — — —
Operating income −5.6% +4.0% −14.0% −107.3% — +7.8% +4.8% −25.7% −8.8% −259.8% — — — — — — — +370.6%
Net income −5.3% +8.1% −16.7% −179.3% — +11.0% +2.5% −12.3% −90.2% — — — — — — — +218.7% +146.7%
Diluted EPS −5.5% +17.8% −9.1% −188.4% — +16.1% +8.9% −10.1% −90.0% — — — — — — — +133.3% +103.8%
Margins
Gross margin 26.8% 26.8% 28.1% 29.8% 29.4% 29.9% 31.2% 31.4% 29.1% 27.9% 29.5% 24.7% 22.4% 23.1% 24.5% 29.1% 33.0% 37.9%
EBITDA margin 8.8% 8.8% 7.9% 1.5% 8.2% 8.3% 8.6% 7.8% 6.6% −7.2% −4.7% −3.1% −4.9% −4.2% 0.4% 0.3% 6.9% —
Operating margin 7.0% 7.0% 6.0% −0.5% 6.3% 6.7% 6.9% 6.0% 5.1% −8.5% −6.2% −4.7% −6.1% −5.3% −0.7% −0.7% 6.4% 13.5%
Net margin 4.2% 4.3% 3.6% −3.0% 3.9% 4.2% 4.3% 4.4% 0.4% −8.1% −7.3% −4.2% −6.3% −5.3% 0.1% 3.4% 11.5% 25.2%
Free-cash-flow margin 5.3% 4.2% 5.0% 5.3% 7.0% 3.5% 5.2% 5.0% 3.8% 2.8% −7.6% 1.3% −8.3% 0.9% −4.5% 3.4% 16.5% 19.4%
Cash flow
Cash from operations 644 591 642 610 763 481 657 537 435 325 −415 124 −434 108 −204 146 615 705
Capital spending 164 198 165 140 126 160 173 143 113 94 79 60 62 56 35 16 18 17
Free cash flow 480 394 477 471 637 321 484 394 322 231 −493 64 −496 52 −239 130 597 688
Stock-based pay 38 30 19 20 19 22 30 18 26 11 9 8 31 40 22 16 27 31
Free cash flow after stock pay 443 364 458 451 618 299 454 377 296 221 −502 56 −527 12 −261 113 571 657
Balance sheet
Cash 905 455 416 374 536 610 450 665 854 1,624 499 509 1,271 1,139 922 4,757 6,305 4,854
Total debt — — — — — — — — — — — — — — — — — 4,168
Net debt (negative = net cash) −905 −455 −416 −374 −536 −610 −450 −665 −854 −1,624 −499 −509 −1,271 −1,139 −922 −4,757 −6,305 −687
Diluted shares 672m 616m 564m 506m 474m 453m 427m 415m 406m 408m 350m 260m 290m 304m 305m 395m 549m 584m
Returned to shareholders
Dividends — — 0 102 131 149 154 156 155 157 41 0 0 0 — — — —
Buybacks 58 381 262 409 258 331 194 63 22 0 199 0 0 — — — — —
Total returned 58 381 262 511 389 480 348 219 177 157 239 0 0 0 — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · August 1, 2026
What it owns · $11.1bn
Short-term assets $5.9bnLonger-term assets $5.2bn
What it owes, and who funded it · $11.1bn
Short-term liabilities $680mLonger-term liabilities $4.3bnShareholders' equity $6.1bn
  • Short-term assets cover short-term liabilities $5.9bn of assets due within a year against $680m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $5.9bn short-term assets against $4.3bn of longer-dated liabilities.
  • More cash than debt $4.9bn of cash against $4.2bn of debt.
  • Debt below 40% of shareholders' equity Debt is 68% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 3% to 68% over five years.
  • A year's operating cash flow covers at least 20% of debt $705m of operating cash flow against $4.2bn of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Gamestop Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+21.1%
year over year
Sales & admin spending
24.0%
of revenue

Competitors: side by side with peers

Closest by revenue in computer & electronics retail
Last 12 months unless stated GME HTHT PHIN GIL ONON RH Median
Revenue, last 12 months $3.6bn $3.5bn $3.6bn $3.6bn $3.6bn $3.4bn $1.4bn
Revenue growth, last 12 months −7.7% 6.1% 5.6% 10.7% 38.1% 3.3% 4.2%
Revenue growth, 3-year average −15.2% 90.3% 1.4% — — 2.7% 2.4%
Revenue growth, latest quarter −18.7% — 0.4% — — 2.6% 3.6%
Gross margin 37.9% — 22.1% 31.2% 62.8% 44.3% 37.5%
Operating margin 13.5% 26.9% 8.3% 17.1% 12.5% 10.0% 4.2%
Operating margin, 3-year average 5.2% 15.2% 7.9% 18.0% — 9.8% 4.5%
Net margin 25.2% 20.1% 5.2% 11.0% 6.8% 3.2% 2.4%
Cash from operations / revenue 19.8% 33.1% 9.0% 16.8% 11.9% 12.3% 7.8%
Free-cash-flow margin 19.4% 28.1% 6.3% 13.6% 9.5% 7.3% 4.1%
Free-cash-flow margin, 3-year average 10.2% 15.6% 5.5% 16.4% — −1.2% 4.1%
Stock pay / revenue 0.9% 1.7% 0.6% 1.3% 2.2% 1.3% 0.8%
Change in share count 21.1% −0.9% −6.9% −6.2% — −4.1% 0.0%

Median of all 454 companies we cover in computer & electronics retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

454 consumer discretionary companies
Measure Company Peer median Rank
Revenue growth Growth -7.7% 4.3% 386 of 452
Change in growth rate Growth -9.3pp -0.0pp 401 of 452
Gross margin Profitability 37.9% 37.1% 173 of 355
Operating margin Profitability 13.5% 4.1% 80 of 415
Net margin Profitability 25.2% 2.5% 11 of 454
Free-cash-flow margin Cash generation 19.4% 4.1% 31 of 449
Stock pay as % of revenue Cash generation 0.9% 0.8% 206 of 403
Long-term debt as % of assets Balance sheet 37.4% 18.2% 238 of 317
Change in share count Balance sheet 21.1% 0.0% 377 of 408

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 31, 2026
Segments
Line of business Revenue Share YoY
United States $2.7B 73.5% ▲ 3.6%
Australia $495M 13.6% ▲ 22.2%
Europe $429M 11.8% ▼ 32.7%
Canada $38.2M 1.1% ▼ 81.3%
Products and services
Line of business Revenue Share YoY
Videogamehardwareaccessories $1.8B 50.7% ▼ 12.3%
Collectibles $1.1B 29.2% ▲ 47.7%
Software $729M 20.1% ▼ 27.5%

From Gamestop Corp.'s 10-K filed March 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$3.5B
Institutions reporting
372
Shares held vs prior quarter
▲ 2.2%
Positions opened / closed
49 / 45

Top buyers and sellers, Q2 2026: 157 institutions bought and 156 sold ; the biggest buyer was Dimensional Fund Advisors LP (+3.0M shares) and the biggest seller Invesco Ltd (−2.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $811M 36.7M 23.0% ▲ 2.4%
Vanguard Capital Management LLC $405M 18.3M 11.5% ▲ 0.7%
Vanguard Portfolio Management LLC $383M 17.3M 10.9% ▼ 0.5%
State Street Corp $288M 13.0M 8.2% ▲ 3.2%
Geode Capital Management, LLC $169M 7.6M 4.8% ▲ 0.9%
Dimensional Fund Advisors LP $152M 6.9M 4.3% ▲ 76.4%
Norges Bank $115M 5.2M 3.3% —
Susquehanna International Group, LLP $98.8M 4.5M 2.8% ▲ 44.4%
Charles Schwab Investment Management Inc $82.1M 3.7M 2.3% ▲ 3.3%
Northern Trust Corp $76.2M 3.5M 2.2% ▲ 3.9%
Marshall Wace, LLP $64.3M 2.9M 1.8% ▼ 39.8%
Renaissance Technologies LLC $61.2M 2.8M 1.7% ▲ 4.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Gamestop Corp.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $121M 17 trades by 5 insiders, last 12 months Insider sales History → $2.2M 13 trades by 2 insiders · 47% under pre-set plans
Net ▲ $119M net buying
Insider Date Trade Shares Price Value
Cohen Ryan President, CEO and Chairman October 13, 2026 Buy 777,000 $27.00 $21M
Cohen Ryan President, CEO and Chairman October 13, 2026 Buy 67,130 $26.75 $1.8M
Moore Daniel William PFO and PAO October 12, 2026 Sell pre-set plan 15,480 $27.00 $417,960
Robinson Mark Haymond General Counsel and Secretary October 5, 2026 Sell pre-set plan 3,882 $25.42 $98,673
Cohen Ryan President, CEO and Chairman October 2, 2026 Buy 700,000 $24.41 $17.1M
Turner Nat Director October 1, 2026 Buy 10,462 $24.33 $254,540
Robinson Mark Haymond General Counsel and Secretary October 1, 2026 Sell pre-set plan 7,296 $24.26 $177,001
Moore Daniel William PFO and PAO October 1, 2026 Sell 7,297 $24.26 $177,025
Cohen Ryan President, CEO and Chairman September 29, 2026 Buy 446,500 $23.48 $10.5M
Cohen Ryan President, CEO and Chairman September 29, 2026 Buy 3,500 $23.45 $82,075
Cohen Ryan President, CEO and Chairman September 21, 2026 Buy 1,150,680 $22.94 $26.4M
Attal Alain Director September 21, 2026 Buy 17,500 $22.97 $401,975

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in Gamestop Corp. disclosed in the last 12 months; 6 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded June 11, 2025, filed August 13, 2025
  • Mike Garcia(R-CA 25):Purchase, $1,001 - $15,000, traded June 21, 2021, filed July 13, 2021
  • Greg Gianforte(MT):Sale (full), $1,001 - $15,000, traded November 19, 2018, filed December 11, 2018

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around December 7, 2026 estimated from the company's past filing pattern, not announced

  • September 8, 2026
  • August 31, 2026
  • June 2, 2026
  • March 24, 2026
  • December 9, 2025
  • September 9, 2025

Recent SEC filings

Data status

When each part of this page on Gamestop Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Gamestop Corp. in brief

What does Gamestop Corp. do?
Gamestop Corp. is a US-listed company in the computer & electronics retail industry. Its financial year ends in January.
What is Gamestop Corp.'s stock ticker?
Gamestop Corp. trades under the ticker GME on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Gamestop Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Gamestop Corp. reported revenue of $3.6B, 7.7% lower than a year earlier, according to its SEC filings.
What is Gamestop Corp.'s free cash flow?
Gamestop Corp.'s free-cash-flow margin is 19.4% of revenue over the trailing twelve months, ranking 31 of the 449 consumer discretionary companies we cover.
What is Gamestop Corp.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Gamestop Corp.'s free cash flow after stock-based pay gives ~$14 per share in the base case, and ~$11–$18 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Gamestop Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Gamestop Corp.'s market cap?
On November 2, 2026, Gamestop Corp.'s market capitalisation was about $14.1B, with a price-to-earnings ratio of 15.8 and net debt of -$687M. Market figures come from third-party market data and may be delayed.
How much debt does Gamestop Corp. have?
Gamestop Corp.'s debt-to-equity ratio is 67.9%, from its latest balance sheet (2.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Gamestop Corp.'s competitors?
In our Computer & Electronics Retail peer group, the companies closest to Gamestop Corp. are H World Group Ltd, Phinia Inc., Gildan Activewear Inc., On Holding AG and RH. The side-by-side comparison below sets their revenue, margins and growth against Gamestop Corp.'s.
Are insiders buying or selling Gamestop Corp. stock?
Over the last 12 months, Gamestop Corp.'s directors and officers reported 17 open-market purchases and 13 sales on Form 4. The insider trading page charts every trade.
When is Gamestop Corp.'s next earnings date?
Around December 8, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Gamestop Corp. announces its own schedule.