GameStopGME

GameStopGME

Revenue: is the business selling more than it used to?

$3.6B−39% YoYFY 2025

→Revenue reached $3.6B in 2025, compounding -15% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $3.7B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Net income: how much of that revenue becomes profit?

$418MFY 2025

→Net income was $418M in 2025, against $-313M the year before. Trailing twelve-month profit stands at $763M.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

How fast is it growing, year by year?

-38.8%revenue growth, FY 2025

→Revenue grew -39% in 2025 against a five-year average of -15%.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Revenue per share: is your slice growing as fast as the company?

$6.61revenue per share, FY 2025

→Revenue per share reached $6.61 in 2025, compounding -30% a year against -15% for GME as a whole. Dilution absorbed about 15.2 points of that growth. Free cash flow per share stands at $1.09.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Free cash flow: what is left in real cash after everything?

$597M+1042% YoYFY 2025

→Free cash flow was $597M in 2025, compounding +125% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $741M.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Where does each dollar of revenue actually go?

→Of $3.6B in 2025 sales, $418M reaches net profit - 12 cents on the dollar. The largest single deduction is producing the product ($2.4B).

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

How much of every sales dollar ends up as free cash?

→16 cents of every sales dollar became free cash in 2025, up 16 points since 2022 - the best conversion in its filed history.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is stock compensation, at 1% of revenue (capital spending 0%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

When sales grow, do profits grow faster?

→Operating profit outgrew revenue in only 2 of the last 5 years. Costs are growing roughly in step with the business, so scale isn't yet paying for itself.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin widened 12 points to 6% since 2022. After everything, 12 cents of each sales dollar reaches net profit.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

What does it earn on the money it uses?

→ROE of 13% sits well above ROCE of 2%. A meaningful share of the shareholder return is manufactured with leverage rather than operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

What has the market paid for GME over time?

13.8xP/E today

→At 13.8x earnings, the market is paying +636% more than GME's own 3-year median of 1.9x. Expectations are elevated, so more has to go right to justify the price.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

What cash return does the business throw off per dollar of market value?

8.6%FCF yield today

→Every dollar of market value currently buys 8.6% of annual free cash flow, more than its 6-year median of 7.6% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Could it handle its debt if things went wrong?

→Debt isn't clearly tagged in GME's filings, so treat the balance sheet with extra care rather than assuming zero.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Is the company's own capital growing?

→The company's own capital grew from $1.3B in 2023 to $5.8B (+336%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

How much goes back, and how much leaks out as stock comp?

→GME returned no cash to shareholders in the latest filed year: everything is being retained or reinvested.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

How fast is your ownership being diluted - or concentrated?

→The share count grew 80.5% in 2025, averaging 32.3% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Is the dividend cheque growing?

→The dividend per share reached $0.00 in 2020, compounding -76% a year since 2015.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Can it afford the dividend?

→The dividend consumed 44% of profit and 0% of free cash flow in 2016. That leaves room to keep paying through a weak year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Does GME earn more on its capital than that capital costs?

→GME earns 2.4% on the capital it employs, below the 10% most investors treat as the cost of capital.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

GME has issued or retired shares - did shareholders end up better off?

→GME issued +227% more shares from 2008 to 2025 and revenue per share still fell -87%. On this measure the new shares have not paid for themselves.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02

GameStopGME

Are the people running it buying or selling?

→Insiders bought $33M and sold $3M on the open market, a net purchase of $31M. A further 11 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-05-02