GameStop FY26 Q2 net income rises 77.2% to $298.7 million; net sales drop 18.7% to $790.2 million
Reuters2026/09/09 20:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- GameStop posted net income of $298.7 million for the quarter ended Aug. 1, 2026, up 77.2% from a year earlier.
- Net sales fell 18.7% to $790.2 million, with collectibles rising to 45.1% of sales from 23.4%.
- Operating income climbed to $160.2 million from $66.4 million, lifting operating margin by 13.5 percentage points to 20.3%.
- Liquidity totaled $5.35 billion, including $4.85 billion cash, $206 million marketable securities, $294.1 million digital assets and related receivables.
- Board authorized a new $2 billion share repurchase program; no shares were repurchased, while holdings included 43 million eBay shares valued at $4.9 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GameStop Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001326380-26-000055), on September 09, 2026, and is solely responsible for the information contained therein.
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