GME Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2025-02-01), GME reported revenue of $1.3B, gross profit of $363M (28.3% gross margin), operating income of $80M, and net income of $131M (10.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GME was profitable; revenue fell 28.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −28.5% | +108.1% | +6.7 pp |
| Quarter over quarter | +49.1% | +654.6% | +8.2 pp |
Consensus estimate data is not available for this report.
GME Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.3B | 100% |
| Cost of Revenue | −$919M | 71.7% |
| Gross Profit | $363M | 28.3% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$283M | 22.0% |
| Other Operating Expenses | −$1M | 0.1% |
| Operating Income | $80M | 6.2% |
| Other Income, net | $55M | 4.3% |
| Income Tax Expense | −$3M | 0.3% |
| Net Income | $131M | 10.2% |
Source: original SEC filing (filed 2025-03-25). Accession 0001628280-25-014714. Data normalized by EarningsFyi.