---
schema_version: "secwatch.filing_event.v1"
accession: "0001326380-23-000011"
form_type: "8-K"
ticker: "GME"
cik: "0001326380"
company_name: "GameStop Corp."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:03:03.806959+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GameStop posts Q4 net income of $48.2M vs year-ago loss; revenue slips to $2.226B

## Summary
- Net sales $2.226B vs $2.254B in Q4 2021; net income of $48.2M vs net loss of $147.5M.
- SG&A expenses improved to 20.4% of sales from 23.9%; inventory reduced to $682.9M from $915.0M.
- Cash, cash equivalents and marketable securities at $1.391B; long-term debt only a low-interest French COVID loan.
- Full-year net sales $5.927B vs $6.011B; collectibles category sales increased.
- Cost-cutting initiatives and headcount reductions implemented; equity incentive program for store leaders.

## SEC filing metadata
- accession: 0001326380-23-000011
- form_type: 8-K
- ticker: GME
- cik: 0001326380
- company_name: GameStop Corp.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326380/000132638023000011/0001326380-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326380/000132638023000011/gme-20230321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326380-23-000011
- JSON: https://secwatch.observer/filing/0001326380-23-000011.json
- Plain text: https://secwatch.observer/filing/0001326380-23-000011.txt

## Key facts
- Earnings Releases
  GameStop Corp. reported the fourth quarter ended January 28, 2023 results: revenue $2.226 billion, net income $48.2 million.
  - Period: the fourth quarter ended January 28, 2023
  - Revenue: $2.226 billion
  - Net income: $48.2 million
  - Result: reported results
  source text: Net sales were $2.226 billion, compared to $2.254 billion in the prior year's fourth quarter. • Selling, general and administrative (“SG&A”) expenses were $453.4 million, or 20.4% of sales, compared to $538.9 million, or 23.9% of sales, in the prior year's fourth quarter. • Net income was $48.2 million, compared to a net loss of $147.5 million for the prior year’s fourth quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326380/000132638023000011/0001326380-23-000011-index.htm
- Earnings Releases
  GameStop Corp. reported the fiscal year ended January 28, 2023 results: revenue $5.927 billion.
  - Period: the fiscal year ended January 28, 2023
  - Revenue: $5.927 billion
  - Result: reported results
  source text: Generated net sales of $5.927 billion for the fiscal year, compared to $6.011 billion for fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326380/000132638023000011/0001326380-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.