GameStop Discloses First Quarter 2026 Results
GameStop reported record Q1 2026 results with net income of $389.6 million, a massive increase from $44.8 million a year ago, driven by a $268.4 million unrealized gain on derivatives tied to eBay and strong collectibles sales. Core operating performance also improved significantly, with net sales rising 14% to $835.3 million and operating income turning positive at $143.3 million, compared to a $10.8 million loss in the prior year.
Key figures
- Eps
- 0.87
- Eps Beat
- 0
- Revenue
- 835300000
- Revenue Yoy
- 14%
- Fcf
- 333100000
- Net income
- 389600000
- Gross profit
- 340300000
- Sga expenses
- 201600000
- Operating income
- 143300000
- Adjusted net income
- 179300000
- Cash and equivalents
- 9700000000
- Buyback authorization
- 2000000000
- Adjusted operating income
- 140500000
AI analysis
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