GameSquare Q1 revenue up 95% to $14.5M; net loss widens to $17.6M on $14.6M digital asset loss

GameSquare Holdings, Inc.

Revenue $14.5M (+95% YoY); gross margin 38.4% (down from 42.5%).
Net loss $17.6M includes $14.6M fair value loss on digital assets and $1.1M transaction costs.
Adjusted EBITDA loss narrowed to $1.1M from $2.6M, or -7.6% of revenue.
Reaffirmed FY2026 guidance: proforma revenue $85M-$90M, adjusted EBITDA >$5M.
Appointed Justin Miclat as CGO of Click and added Roblox creator Steak; expects >$5M incremental annualized revenue.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GameSquare Holdings, Inc. reported three months ended March 31, 2026 results: revenue $14.5 million, net income Net loss from continuing operations of $17.6 million. Guidance reaffirmed.

Period: three months ended March 31, 2026
Revenue: $14.5 million
Net income: Net loss from continuing operations of $17.6 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

to the risks and uncertainties described below,” Kenna concluded. Reported results for the three months ended March 31, 2026, compared to March 31, 2025 (unaudited) ● Revenue of $14.5 million, compared to $7.4 million ● Gross profit of $5.6 million, compared to $3.2 million ● Gross margin of 38.4%, compared to 42.5% ● Net loss from continuing operations of $17.6

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Source: SEC EDGAR

accession 0001493152-26-023115

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