Highest-materiality recent filing
GameStop Q2 prelim net income $290-310M vs $168.6M; exchange amended to $358M cash
Prelim Q2 net sales $780-800M vs $972.2M YoY; operating income $150-170M vs $66.4M.
GameStop exchanges $1.4B convertible notes for common stock, reducing debt by $1.4B
Exchange of $400M of 0% 2030 notes and $1.0B of 0% 2032 notes for common stock.
GameStop shareholders approve 2.5B share increase to fund eBay acquisition at $125/share
Authorized shares of Class A common stock increased to 2.5 billion; 68.7% of votes cast in favor.
GameStop sees FY2026 Adj. EBITDA over $600M, up from $345.4M; advancing eBay acquisition
Expects Adjusted EBITDA >$600M for fiscal year ending Jan 30, 2027, vs $345.4M in FY2025.
GameStop withdraws CEO performance award; focuses on eBay acquisition at $125/share
Ryan Cohen requests withdrawal of his proposed CEO performance award from proxy to focus on eBay deal.
GameStop Q1 record net income $389.6M, revenue up 14%, new $2B buyback
Net income of $389.6M vs $44.8M last year; highest quarterly net income in history.
GameStop proposes to acquire eBay at $125/share; $55.5B equity value
GameStop offered $125/share (50% cash, 50% stock) for eBay, a 46% premium to unaffected Feb 4, 2026 close.
GameStop Q4 net sales $1.104B (-14% YoY); operating income $135.2M vs $79.8M, cash $9.0B
Q4 net sales $1.104B vs $1.283B prior year; full-year net sales $3.630B vs $3.823B.
GameStop grants CEO Ryan Cohen 171.5M performance-based options at $20.66 strike
Award covers 171,537,327 options exercisable at $20.66 per share, vesting contingent on achieving escalating market cap ($20B-$100B) and cumulative EBITDA ($2B-$10B) hurdles.
Award is 100% performance-based: no salary, cash bonus, or time-vesting stock for Cohen.
GameStop Q3 net income $77.1M, operating income $41.3M, Bitcoin holdings $519.4M
Net sales $821M, down 4.6% from $860.3M YoY; operating income of $41.3M vs prior year loss of $33.4M.
GameStop distributes warrants to shareholders at $32 strike, expiring Oct 30, 2026
Record holders as of Oct 3, 2025 receive 1 warrant per 10 shares (rounded down).
Net sales $972.2M (+22% YoY); operating income $66.4M vs loss $22M; net income $168.6M vs $14.8M.
GameStop issues additional $450M of 0% convertible notes due 2032 via greenshoe exercise
Additional $450M principal of 0.00% Convertible Senior Notes due 2032 issued June 24, 2025, after greenshoe option exercised in full on June 23.
GameStop raises $2.23B net from upsized $2.25B zero-coupon convertible note offering
Completed $2.25B aggregate principal of 0.00% Convertible Senior Notes due 2032; net proceeds ~$2.23B after discounts and expenses.
GameStop reports Q1 net income of $44.8M vs prior year loss; sales down 17% to $732.4M
Net sales $732.4M, down 17% YoY from $881.8M; operating loss narrowed to $10.8M from $50.6M.
GameStop purchases 4,710 Bitcoin, disclosed in May 28 press release
GameStop announced purchase of 4,710 Bitcoin on May 28, 2025.
GameStop raises $1.5B via zero-coupon convertible notes due 2030
Net proceeds of $1.48B from $1.5B aggregate principal of 0.00% Convertible Senior Notes due 2030.
GameStop Q4 net income doubles to $131.3M on $1.28B sales; Board approves Bitcoin as treasury asset
Q4 net sales $1.283B, down 28.5% YoY; FY net sales $3.823B, down 27.5% YoY.
GameStop to sell French and Canadian operations
Company intends to pursue sale of its France and Canada operations.
Net sales fell to $860M from $1.078B YoY; net income of $17.4M vs loss of $3.1M.
GameStop appoints Nat Turner to board; discloses $1.53M in transactions with his company PSA
Board increased from five to six members; Nat Turner appointed effective Nov 18, 2024.
GameStop Q2 2024 net sales $798M (-31% YoY); net income $14.8M vs loss
Net sales $0.798B, down from $1.164B in Q2 2023 (31% decrease).
GameStop files to sell up to 75M additional shares via ATM offering; already raised $933M
Filed prospectus supplement for at-the-market offering of up to 75M shares of Class A common stock via Jefferies.
GameStop completes $933.4M ATM equity offering, selling 45M shares
Sold 45,000,000 shares for aggregate gross proceeds of approx. $933.4 million.
GameStop prelim Q1: net loss narrows to $27-37M; sales drop ~29% to $872-892M
Net loss expected $27-37M vs $50.5M loss in prior-year Q1.
GameStop enters ATM equity offering agreement to sell up to 45M shares via Jefferies
May sell up to 45,000,000 Class A common shares through Jefferies as sales agent.
GameStop Q4 net income $63.1M, sales $1.794B; promotes Daniel Moore to PFO
Q4 net sales $1.794B, down from $2.226B YoY; net income $63.1M vs $48.2M.
GameStop Q3 net loss narrows to $3.1M on cost cuts; revenue falls 9% to $1.078B
Net sales $1.078B, down 9.1% YoY from $1.186B.
GameStop appoints Ryan Cohen as CEO; Cohen will not receive compensation
Ryan Cohen appointed President, CEO, and Chairman of GameStop effective September 27, 2023.
GameStop Q2 net loss narrows to $2.8M from $108.7M; revenue up 2.5% YoY
Net sales $1.164B, up from $1.136B in Q2 2022.
GameStop CFO Diana Saadeh-Jajeh resigns; Daniel Moore named interim Principal Financial Officer
CFO Saadeh-Jajeh will resign effective August 11, 2023, with no disagreement cited.
GameStop fires CEO Furlong; appoints Ryan Cohen Executive Chairman; Q1 loss narrows to $50.5M
CEO Matthew Furlong terminated June 5; Ryan Cohen appointed Executive Chairman immediately.
GameStop posts Q4 net income of $48.2M vs year-ago loss; revenue slips to $2.226B
Net sales $2.226B vs $2.254B in Q4 2021; net income of $48.2M vs net loss of $147.5M.
GameStop Q3 net sales $1.186B, down 8.6% YoY; cash at $1.042B
Net sales $1.186B vs $1.297B in prior-year Q3, a decline of 8.6%.
GameStop terminates CFO Michael Recupero, names Diana Saadeh-Jajeh as new CFO
Michael Recupero terminated as CFO effective July 7, 2022; no cause severance per offer letter.
On November 18, 2024 , the Board of Directors (the “Board”) of GameStop Corp. (the “Company”) increased the size of the Board from five to six members and appointed Nathaniel Turner as a director of the Company with a term expiring at the Company's 2025 Annual Meeting of Stockholders.
On April 4 , 2024 , GameStop Corp. (together with its affiliates, the “Company”) and Nir Patel, Chief Operating Officer, entered into a Separation Agreement and Mutual Release of Claims (the “Separation Agreement”). The Separation Agreement provides for Mr. Patel’s departure from the Company, effective April 4, 2024, as the Company’s Chief Operating Officer.
On March 25, 2024, the Board of Directors of the Company (the “Board”) promoted Daniel Moore, the current interim Principal Financial Officer of the Company, to the role of Principal Financial Officer, effective as of March 25, 2024.
Mr. Cohen will assume the role of principal executive officer from Mark H. Robinson effective immediately and his responsibilities will include the oversight of all other executive officers, including Mr. Robinson.
On September 27, 2023, the Board of Directors (the “Board”) of GameStop Corp. (the “Company”), with Ryan Cohen abstaining, unanimously appointed Mr. Cohen, as the President, Chief Executive Officer and Chairman effective immediately.
On July 21, 2023 , GameStop Corp. (the “Company”) was informed by Diana Saadeh-Jajeh , the Company’s Chief Financial Officer, that she will resign from such position effective August 11, 2023
On July 27, 2023, in connection with Ms. Saadeh-Jajeh’s resignation, the Board appointed Daniel Moore as the Company’s Principal Accounting Officer and interim Principal Financial Officer effective August 11, 2023
On June 5, 2023, Mr. Furlong resigned as a director of the Company, effective immediately.
the Board appointed Ryan Cohen as Executive Chairman of the Company
On June 5, 2023, the Board of Directors (the “ Board ”) of the Company terminated Matthew Furlong as President and Chief Executive Officer of the Company, effective immediately
the Board appointed Mark H. Robinson as the Company’s General Manager, effective immediately.
the Board appointed Ryan Cohen as Executive Chairman of the Company and Alain Attal as the Lead Independent Director of the Board.
Max materiality 0.90 · Median 0.65 · Most common event earnings