GameStop (GME) Expected to Announce Earnings on Tuesday

Key Points

• GameStop is expected to report Q2 2026 results after Tuesday’s market close. Analysts project earnings of $0.27 per share and revenue of approximately $756.85 million.
• The company’s preliminary net income is estimated at $290 million–$310 million, supported by gains on its eBay investment, while its core retail revenue is expected to decline due to store closures and its exit from France.
• GameStop shares recently traded at $18.39, and analysts maintain a consensus “Hold” rating. Insiders have sold about 18,125 shares worth $406,587 over the past 90 days.

GameStop (NYSE:GME - Get Free Report) is expected to release its Q2 2026 results after the market closes on Tuesday, September 8th. Analysts expect GameStop to post earnings of $0.27 per share and revenue of $756.85 million for the quarter. Investors may review the information on the company's upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, September 8, 2026 at 4:00 PM ET.

GameStop (NYSE:GME - Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The business had revenue of $835.30 million for the quarter, compared to analysts' expectations of $766.63 million. GameStop had a return on equity of 13.75% and a net margin of 20.45%.The business's revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 earnings per share.

GameStop Stock Up 2.9%

Shares of NYSE:GME opened at $18.39 on Tuesday. The company has a market capitalization of $8.25 billion, a PE ratio of 13.93 and a beta of 1.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 12.40 and a quick ratio of 11.91. The business has a fifty day moving average price of $20.47 and a two-hundred day moving average price of $22.23. GameStop has a 1 year low of $17.79 and a 1 year high of $28.10.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on GME shares. Weiss Ratings reissued a "hold (c)" rating on shares of GameStop in a report on Wednesday, July 29th. Wall Street Zen upgraded shares of GameStop from a "hold" rating to a "buy" rating in a report on Sunday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

Insider Buying and Selling at GameStop

In other news, General Counsel Mark Haymond Robinson sold 3,957 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $22.62, for a total transaction of $89,507.34. Following the completion of the transaction, the general counsel owned 104,190 shares in the company, valued at approximately $2,356,777.80. This represents a 3.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel William Moore sold 7,085 shares of GameStop stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $22.38, for a total value of $158,562.30. Following the completion of the sale, the insider directly owned 115,125 shares of the company's stock, valued at approximately $2,576,497.50. This trade represents a 5.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 18,125 shares of company stock worth $406,587. Corporate insiders own 9.50% of the company's stock.

Institutional Investors Weigh In On GameStop

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in GameStop by 308.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 969 shares of the company's stock worth $26,000 after purchasing an additional 732 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of GameStop by 226.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,277 shares of the company's stock worth $31,000 after purchasing an additional 886 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of GameStop in the fourth quarter valued at approximately $39,000. Advisory Services Network LLC bought a new stake in shares of GameStop in the third quarter valued at approximately $39,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of GameStop during the 4th quarter valued at approximately $54,000. 29.21% of the stock is currently owned by institutional investors.

Trending Headlines about GameStop

Here are the key news stories impacting GameStop this week:

• Positive Sentiment: Higher preliminary profit: GameStop expects second-quarter net income of approximately $290 million to $310 million, well above the $168.6 million reported a year earlier. The increase is largely tied to gains from its eBay equity position. GameStop Expects Higher Profit Despite Lower Sales
• Positive Sentiment: Nearly $5 billion eBay stake: GameStop held nearly $5 billion in eBay stock as of August 1, potentially transforming its pursuit of eBay from an acquisition effort into a major strategic investment and giving the retailer exposure to digital commerce. GameStop Turns eBay Pursuit Into a Nearly $5 Billion Investment
• Positive Sentiment: Lower dilution overhang: An amendment to GameStop’s convertible-note exchange will settle approximately $358.4 million in cash instead of stock, reducing the immediate risk that additional shares will dilute existing shareholders. GameStop Announces Amendment to Convertible Notes Exchange
• Neutral Sentiment: Large liquidity position: GameStop reportedly had about $5 billion in cash in addition to its eBay holdings, providing financial flexibility but also leaving investors focused on how effectively management deploys the capital. GameStop Held $5 Billion in Cash and Nearly $5 Billion in eBay Stock
• Negative Sentiment: Core revenue is declining: Second-quarter sales are expected to fall to $780 million–$800 million from $972 million a year earlier, partly because of store closures and GameStop’s exit from France. This suggests the improved earnings headline is being driven more by investments and cost reductions than by stronger retail demand. GameStop Expects Lower Quarterly Sales on Store Closures and France Exit

About GameStop

GameStop Corp. NYSE: GME is a global specialty retailer focused on video games, gaming consoles, consumer electronics and related accessories. The company operates a network of physical retail stores alongside an e-commerce platform, offering new and pre-owned products spanning the latest game software, hardware, collectibles and lifestyle merchandise. GameStop's retail footprint is complemented by digital marketplaces for trade-ins and online purchases, as well as a membership program that provides exclusive content and rewards.

Originally founded in 1984 as Babbage's in Dallas, Texas, the company adopted the GameStop name in 1999 following its merger with Software Etc.

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