GME Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2024-05-04), GME reported revenue of $882M, gross profit of $245M (27.7% gross margin), operating income of −$51M, and net income of −$32M (-3.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GME reported a net loss; revenue fell 50.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −50.8% | −151.2% | −7.2 pp |
Consensus estimate data is not available for this report.
GME Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $882M | 100% |
| Cost of Revenue | −$637M | 72.3% |
| Gross Profit | $245M | 27.7% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$295M | 33.5% |
| Operating Income | −$51M | -5.7% |
| Other Income, net | $15M | 1.7% |
| Income Tax Expense | $3M | 0.4% |
| Net Income | −$32M | -3.7% |
Source: original SEC filing (filed 2024-06-07). Accession 0001193125-24-156615. Data normalized by EarningsFyi.