---
schema_version: "secwatch.filing_event.v1"
accession: "0001326380-25-000034"
form_type: "8-K"
ticker: "GME"
cik: "0001326380"
company_name: "GameStop Corp."
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T15:20:45.926593+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GameStop reports Q1 net income of $44.8M vs prior year loss; sales down 17% to $732.4M

## Summary
- Net sales $732.4M, down 17% YoY from $881.8M; operating loss narrowed to $10.8M from $50.6M.
- Net income of $44.8M vs net loss of $32.3M in prior year Q1; adjusted net income $83.1M.
- Cash and marketable securities surged to $6.4B from $1.0B a year ago.
- Purchased 4,710 Bitcoin for cash between May 3 and June 10, 2025.
- Completed divestiture of Canadian operations on May 4, 2025.

## SEC filing metadata
- accession: 0001326380-25-000034
- form_type: 8-K
- ticker: GME
- cik: 0001326380
- company_name: GameStop Corp.
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326380/000132638025000034/0001326380-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326380/000132638025000034/gme-20250610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326380-25-000034
- JSON: https://secwatch.observer/filing/0001326380-25-000034.json
- Plain text: https://secwatch.observer/filing/0001326380-25-000034.txt

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