GameStop Corp.
For the period ended Jan 31, 2026. Filed Mar 24, 2026.
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FY2026 · Filed Mar 24, 2026
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Note
- Segment Information
Effective May 4, 2025, we operate our business inthree geographic segments: United States, Australia and Europe. During the second quarter of fiscal 2025, we divested our operations in Canada, which previously comprised a fourth separate reporting segment.
We identified segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states; our ecommerce website www.gamestop.com; and our GameStop Pro® loyalty program. The United States segment also includes general and administrative expenses related to our corporate offices in Grapevine, Texas. Segment results for Canada include retail and ecommerce operations we previously had in Canada. Segment results for Australia include retail and ecommerce operations in Australia and New Zealand. During the fourth quarter of fiscal 2025, we closed down our store operations in New Zealand. Current year segment results for Europe include retail and ecommerce operations in France. Our segment results for Europe also previously included retail operations in Italy, Germany, Austria, Ireland, and Switzerland.
Our chief operating decision makers (“CODM”) are our Chief Executive Officer and our Principal Financial and Accounting Officer, who have responsibility for allocating resources and assessing performance for the operating segments. Our CODM measures segment profit using operating income (loss), which is defined as net income (loss) from operations before interest income, net, income tax expense (benefit), and loss (gain) on digital assets and related receivables.
Transactions between our reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during fiscal 2025,2024, and 2023. Information on total assets by segment is not disclosed as such information is not used by our CODM to evaluate segment performance or to allocate resources and capital.
The following tables present segment information:
| UnitedStates · Canada · Australia · Europe · Total | ||||||
|---|---|---|---|---|---|---|
| Net sales | $2,667.6 | $38.2 | $494.7 | $429.4 | $3,629.9 | |
| Cost of sales | 1,752.2 | 28.2 | 336.0 | 317.4 | 2,433.8 | |
| Gross Profit | 915.4 | 10.0 | 158.7 | 112.0 | 1,196.1 | |
| Selling, general and administrative expenses: | 631.1 | 13.9 | 149.1 | 116.1 | 910.2 | |
| Store related | 514.1 | 11.3 | 121.7 | 108.2 | 755.3 | |
| Other | 117.0 | 2.6 | 27.4 | 7.9 | 154.9 | |
| Asset impairments | 1.1 | 18.3 | 5.0 | 29.4 | 53.8 | |
| Operating income (loss) | 283.2 | (22.2) | 4.6 | (33.5) | 232.1 | |
| Interest income | (271.5) | |||||
| Loss on digital assets and related receivables | 131.6 | |||||
| Other income, net | (12.0) | |||||
| Income before income taxes | 384.0 | |||||
| Income tax benefit | (34.4) | |||||
| Net income | 418.4 | |||||
| Property and equipment, net | 32.6 | — | 15.7 | — | 48.3 | |
| Capital expenditures | 12.0 | 0.1 | 5.0 | 0.4 | 17.5 | |
| UnitedStates · Canada · Australia · Europe · Total | ||||||
|---|---|---|---|---|---|---|
| Net sales | $2,575.7 | $204.3 | $404.9 | $638.1 | $3,823.0 | |
| Cost of sales | 1,803.2 | 152.6 | 277.6 | 475.7 | 2,709.1 | |
| Gross Profit | 772.5 | 51.7 | 127.3 | 162.4 | 1,113.9 | |
| Selling, general and administrative expenses: | 737.2 | 61.7 | 139.2 | 192.3 | 1,130.4 | |
| Store related | 631.5 | 51.5 | 122.4 | 162.8 | 968.2 | |
| Other | 105.7 | 10.2 | 16.8 | 29.5 | 162.2 | |
| Asset impairments | 1.4 | — | — | 8.3 | 9.7 | |
| Operating income (loss) | 33.9 | (10.0) | (11.9) | (38.2) | (26.2) | |
| Interest income | (163.4) | |||||
| Income before income taxes | 137.2 | |||||
| Income tax expense | 5.9 | |||||
| Net income | 131.3 | |||||
| Property and equipment, net | 39.4 | 1.3 | 16.3 | 11.2 | 68.2 | |
| Capital expenditures | 10.1 | 1.0 | 3.2 | 1.8 | 16.1 | |
| UnitedStates · Canada · Australia · Europe · Total | ||||||
|---|---|---|---|---|---|---|
| Net sales | $3,429.4 | $292.5 | $522.5 | $1,028.4 | $5,272.8 | |
| Cost of sales | 2,590.5 | 226.6 | 372.9 | 788.6 | 3,978.6 | |
| Gross Profit | 838.9 | 65.9 | 149.6 | 239.8 | 1,294.2 | |
| Selling, general and administrative expenses: | 838.2 | 74.3 | 152.9 | 258.5 | 1,323.9 | |
| Store related | 708.4 | 61.8 | 135.2 | 222.0 | 1,127.4 | |
| Other | 129.8 | 12.5 | 17.7 | 36.5 | 196.5 | |
| Asset impairments | 3.0 | — | 0.2 | 1.6 | 4.8 | |
| Operating loss | (2.3) | (8.4) | (3.5) | (20.3) | $(34.5) | |
| Interest income | (49.5) | |||||
| Other expense, net | $1.9 | |||||
| Income before income taxes | 13.1 | |||||
| Income tax expense | 6.4 | |||||
| Net income | 6.7 | |||||
| Property and equipment, net | 56.8 | 1.7 | 19.8 | 16.6 | $94.9 | |
| Capital expenditures | 21.5 | 0.2 | 7.8 | 5.4 | $34.9 | |
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