GME Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2025-05-03), GME reported revenue of $732M, gross profit of $253M (34.5% gross margin), operating income of −$11M, and net income of $45M (6.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GME was profitable; revenue fell 16.9% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −16.9% | +238.7% | +9.8 pp |
| Quarter over quarter | −42.9% | −65.9% | −4.1 pp |
Consensus estimate data is not available for this report.
GME Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $732M | 100% |
| Cost of Revenue | −$480M | 65.5% |
| Gross Profit | $253M | 34.5% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$228M | 31.1% |
| Other Operating Expenses | −$36M | 4.8% |
| Operating Income | −$11M | -1.5% |
| Other Income, net | $59M | 8.1% |
| Income Tax Expense | −$4M | 0.5% |
| Net Income | $45M | 6.1% |
Source: original SEC filing (filed 2025-06-10). Accession 0001326380-25-000034. Data normalized by EarningsFyi.