GameStop (GME) Q1 2025 Earnings

Yes. GameStop reported Q1 2025 earnings of $0.17 a share on Jun 10, 2025, beating the $0.04 consensus estimate by 325.0%. Revenue was $732.4M against a $754.2M estimate.

GameStop delivered a sharply better-than-expected adjusted profit in its fiscal first quarter, posting adjusted diluted EPS of $0.17 against a consensus estimate of just $0.04, a gap so wide it defies simple percentage characterization, while revenue of $732.40 million fell short of the $754.23 million analysts had anticipated and slid 16.9% from a year ago as the company's core retail business continued to shrink. The standout driver behind the profitability swing was a dramatic shift in sales mix toward collectibles, which surged to $211.50 million, or 28.9% of sales, lifting gross margin to 34.5% from 27.7% a year ago, even as hardware and software categories contracted sharply. GAAP net income came in at $44.80 million, reversing a loss of $32.30 million in the prior-year quarter, though results absorbed $35.50 million in asset impairment charges tied to the planned divestitures of Canadian and French operations. The quarter also marked GameStop's formal entry into cryptocurrency, with the company purchasing 4,710 Bitcoin after period-end, a move that has drawn both enthusiasm and skepticism from investors watching its unconventional balance-sheet strategy unfold.