Inferra AIResearch Tools

Inferra AI / Company / GME

Gamestop Corp.

GME · Consumer Discretionary

Last earnings Sep 8, 2026

Key results

Net incomequarter

$389.6 million

FIRST QUARTER HIGHLIGHTS Highest quarterly net income in GameStop s history of $389.6 million.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Operating incomequarter

$143.3 million

Highest first quarter operating income in GameStop s history of $143.3 million.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Operating income was $143.3 million for the first quarter, the highest first quarter operating income in GameStop's history, compared to an operating loss of $10.8 million in the prior year's first quarter.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Adjusted operating incomequarter

$140.5 million

Excluding impairment and other items, adjusted operating income was $140.5 million for the first quarter compared to an adjusted operating income of $27.5 million in the prior year's first quarter.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Net income was $389.6 million for the first quarter, compared to net income of $44.8 million for the prior year s first quarter.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Adjusted net incomequarter

$179.3 million

Excluding impairments, gain on digital assets and related receivables, unrealized gain on derivative asset, and other items, adjusted net income was $179.3 million for the first quarter compared to an adjusted net income of $73.1 million for the prior year's first quarter.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Capexquarter

$ 337.6

13 Weeks Ended 13 Weeks Ended May 2, 2026 May 3, 2025 Net cash flows provided by operating activities $ 337.6 $ 192.5 Capital expenditures (4.5) (2.9) Free cash flow $ 333.1 $ 189.6 Non-GAAP Measures and Other Metrics Adjusted EBITDA, adjusted SG A expense, adjusted operating income (loss), adjusted net income (loss) and adjusted net income (loss) per share are supplemental financial measures of the Company s performance that are not required by, or presented in accordance with, GAAP.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Free cash flowquarter

$ 333.1

13 Weeks Ended 13 Weeks Ended May 2, 2026 May 3, 2025 Net cash flows provided by operating activities $ 337.6 $ 192.5 Capital expenditures (4.5) (2.9) Free cash flow $ 333.1 $ 189.6 Non-GAAP Measures and Other Metrics Adjusted EBITDA, adjusted SG A expense, adjusted operating income (loss), adjusted net income (loss) and adjusted net income (loss) per share are supplemental financial measures of the Company s performance that are not required by, or presented in accordance with, GAAP.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

AI analysis

Q1 2026 · reported Jun 2, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Net income · Q1 2026
$389.6M
EX-99 · Jun 2, 2026
Operating income · Q1 2026
$143.3M
EX-99 · Jun 2, 2026
Adjusted operating income · Q1 2026
$140.5M
EX-99 · Jun 2, 2026
Adjusted net income · Q1 2026
$179.3M
EX-99 · Jun 2, 2026

Headline figures

MetricQ1 2026Prior qtrYear ago
Net income$389.6 million——
Operating income$143.3 million——
Adjusted operating income$140.5 million——
Adjusted net income$179.3 million——
Capex$ 337.6——
Free cash flow$ 333.1——

EX-99 · Jun 2, 2026

Guidance · company-stated

Direction: raised

No guidance located in the held release

Outlook statement

“The Company raised its fiscal year 2026 Adjusted EBITDA outlook to in excess of $650 million.”

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Capex$ 337.6
Free cash flow$ 333.1

Capital allocation

Capex$ 337.6
Free cash flow$ 333.1

On June 2, 2026, the Company's Board of Directors unanimously approved a discretionary $2.0 billion share repurchase authorization through June 2, 2029, replacing the prior authorization from March 2019.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

GameStop Discloses First Quarter 2026 Results

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

On June 2, 2026, the Company's Board of Directors unanimously approved a discretionary $2.0 billion share repurchase authorization through June 2, 2029, replacing the prior authorization from March 2019.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Free cash flow excludes capital expenditures otherwise included in net cash flows provided by (used in) operating activities, and therefore measures our ability to generate additional cash from our business operations, which we believe is an important financial measure for use by investors in evaluating the Company's financial performance.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

13 Weeks Ended 13 Weeks Ended May 2, 2026 May 3, 2025 Net cash flows provided by operating activities $ 337.6 $ 192.5 Capital expenditures (4.5) (2.9) Free cash flow $ 333.1 $ 189.6 Non-GAAP Measures and Other Metrics Adjusted EBITDA, adjusted SG A expense, adjusted operating income (loss), adjusted net income (loss) and adjusted net income (loss) per share are supplemental financial measures of the Company s performance that are not required by, or presented in accordance with, GAAP.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

We classify these investments as Available-for-sale debt securities and record them at fair value.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

2026-01, Equity (Topic 505): Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred Stock.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

The ASU provides guidance on how an issuer should initially measure paid-in-kind (PIK) dividends on equity-classified preferred stock.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

Strategy & priorities

dollar denominated stable coins, the Company will be exposed to certain risks associated with Bitcoin or stable coins, respectively the Company s derivative strategy can expose it to counterparty risk and the Company s ability to maintain effective internal control over financial reporting.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

During fiscal 2025, the Company pledged a portion of its digital assets as collateral in connection with a covered call strategy, which resulted in the derecognition of the pledged digital assets and the corresponding recognition of a digital asset receivable.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

Risks & headwinds

Forward-looking statements are subject to significant risks and uncertainties and actual developments, business decisions, outcomes and results may differ materially from those reflected or described in the forward-looking statements.

SEC original ↗Gamestop Corp. — Earnings release (8-K exhibit)EX-99Jun 2, 2026

Legal Proceedings 36 Item 1A.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

Legal Proceedings 13 Table of Contents GAMESTOP CORP.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, except per share amounts) (unaudited) In the ordinary course of business, we are, from time to time, subject to various legal proceedings, including matters involving wage and hour employee class actions, stockholder actions, and consumer class actions, violent acts, and other conflicts.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

We may enter into discussions regarding settlement of these and other types of lawsuits, and may enter into settlement agreements, if we believe settlement is in the best interest of our stockholders.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

We do not believe that any such existing legal proceedings or settlements, individually or in the aggregate, will have a material effect on our financial condition, results of operations or liquidity.

SEC original ↗Gamestop Corp. — 10-Q Quarterly report10-QSep 9, 2026

Documents

Earnings deck slides

0 decks with slide view

Gamestop Corp. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Gamestop Corp. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Gamestop Corp. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Gamestop Corp. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Gamestop Corp. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

38 documents

Earnings releases

13 documents

Presentations

5 documents

Transcripts

0 documents

No transcripts for Gamestop Corp. are held in this edition of the library.

Mentioned by

7 companies

Other tracked companies whose held documents mention Gamestop Corp. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.