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GameStop posts higher first-quarter sales and earnings
Key takeaways
- For the period, the US video game retailer reported net sales of $835.3m, compared with $732.4m in the same period a year earlier.
- Net income climbed to $389.6m from $44.8m, boosted in part by an unrealised gain on a derivative asset of $268.4m, reflecting put and call option transactions linked to eBay common stock.
- The company also recorded a gain on digital assets and related receivables of $1.1m and other income of $9.9m, against income tax expense of $116.8m.
Game Stop posts higher first-quarter sales and earnings Geographically · Retail Insight Network Shubhendu Vimal Wed, June 3, 2026 at 9:28 PM GMT+7 2 min read GME EBAY Game Stop reported a sharp improvement in first-quarter (Q1) earnings and operating performance, supported by continued growth in its collectibles business, which helped drive a 14% increase in net sales for the quarter ended 2 May 2026.
For the period, the US video game retailer reported net sales of $835.3m, compared with $732.4m in the same period a year earlier.
Net income climbed to $389.6m from $44.8m, boosted in part by an unrealised gain on a derivative asset of $268.4m, reflecting put and call option transactions linked to eBay common stock.
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