GameStop Q1 record net income $389.6M, revenue up 14%, new $2B buyback

GameStop Corp.

Net income of $389.6M vs $44.8M last year; highest quarterly net income in history.
Net sales $835.3M, up 14% YoY; collectibles drove growth.
Operating income $143.3M (record Q1) vs operating loss of $10.8M last year.
Cash, marketable securities, digital assets, and collateral total $9.7B.
Board authorized $2.0B share repurchase through June 2, 2029, replacing prior authorization.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GameStop Corp. reported first quarter ended May 2, 2026 results: revenue $835.3 million, net income $389.6 million.

Period: first quarter ended May 2, 2026
Revenue: $835.3 million
Net income: $389.6 million
Result: reported results

Exact text from the filing

Net sales were $835.3 million for the first quarter

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GameStop Corp. filing history →

Source: SEC EDGAR

accession 0001326380-26-000020

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