investor.gamestop.com/news-releases/...5-Results/default.aspx
"GameStop Reports Fourth Quarter and Fiscal Year 2025 Results
March 24, 2026
GRAPEVINE, Texas--(BUSINESS WIRE)-- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the fourth quarter and fiscal year ended January 31, 2026. The Company’s consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-K and supplemental information can be found at investor.gamestop.com.
FOURTH QUARTER OVERVIEW
Net sales were $1.104 billion for the fourth quarter, compared to $1.283 billion in the prior year's fourth quarter.
Selling, general and administrative (“SG&A”) expenses were $241.5 million for the fourth quarter, compared to $282.5 million in the prior year's fourth quarter.
Operating income was $135.2 million for the fourth quarter, compared to $79.8 million in the prior year's fourth quarter.
Excluding impairment and other items, adjusted operating income was $147.7 million for the fourth quarter, compared to $84.4 million in the prior year's fourth quarter.
Net income was $127.9 million for the fourth quarter, compared to $131.3 million in the prior year’s fourth quarter.
Excluding impairment, loss on digital assets and related receivables, and other items, adjusted net income was $291.4 million for the fourth quarter, compared to $136.4 million for the prior year's fourth quarter.
Cash, cash equivalents and marketable securities were $9.0 billion at the close of the quarter compared to $4.8 billion at the close of the prior year's fourth quarter.
Bitcoin and related receivables were valued at $368.4 million at the close of the quarter.
FULL YEAR OVERVIEW
Net sales were $3.630 billion for fiscal year 2025, compared to $3.823 billion in fiscal year 2024.
SG&A expenses were $910.2 million for fiscal year 2025, compared to $1.130 billion in fiscal year 2024.
Operating income was $232.1 million for fiscal year 2025, compared to an operating loss of $26.2 million in fiscal year 2024.
Excluding impairment and other items, adjusted operating income was $289.5 million for fiscal year 2025, compared to an adjusted operating loss of $26.8 million in fiscal year 2024.
Net income was $418.4 million for fiscal year 2025, compared to $131.3 million in fiscal year 2024.
Excluding impairment, loss on digital assets and related receivables, non cash interest expense related to the issuance of warrants to Convertible Noteholders, and other items, adjusted net income was $647.4 million for fiscal year 2025, compared to $131.2 million in fiscal year 2024..."