Restructuring and cost reductionsmixed · 3 filings
“Impairment expense of $29.8 million was recorded on the French disposal group during fiscal 2025, reflecting remeasurements of carrying value relative to fair value.”10-K · Mar 24, 2026 ↗
GameStop Corp.
GME
Market read
GameStop Corp.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
What changed
- Revenue increased 14.0% versus the comparable filing period.
Company+5.1% todayVolume comparison unavailable
Market group0 of 1 activeVideo Game Retail · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Inventory fell, but it declined more slowly than revenue, increasing inventory intensity relative to sales.
Invalidation: The isolated read changes if GME's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 14.0% versus the comparable filing period.
- Operating margin improved 18.6 percentage points.
- Net income increased 769.6% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Inventory fell, but it declined more slowly than revenue, increasing inventory intensity relative to sales.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements104
Verified relationships6
Evidence supporting the case
- Operating margin changed +7.1 percentage points in the latest annual period.
- Net margin changed +8.1 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.47x in the latest annual period.
Evidence challenging the case
- Latest annual revenue changed -5.1% year over year.
- Diluted shares increased 39.1% in the latest annual period.
Questions before a position
- P/E is 247% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 233% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
20.396m-16.6%12m-13.6%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-29$6.0B+18.1%$-1.31+11.7%
2023-01-28$5.9B-1.4%$-1.03+4.8%
2024-02-03$5.3B-11.0%$0.02+0.3%
2025-02-01$3.8B-27.5%$0.33+29.3%
2026-01-31$3.6B-5.1%$0.77+39.1%
What management says matters
Persistent and emerging business drivers
Capital investment and capacitymixed · 2 filings
“Cash provided by investing activities in fiscal 2024 primarily resulted from the maturity of marketable securities and proceeds from the sale of property and equipment in our Europe segment, partially offset by purchases of marketable securities and routine c…”10-K · Mar 24, 2026 ↗
Credit and interest ratespositive · 1 filings
“The increase was primarily driven by higher cash, cash equivalent, and marketable securities balances resulting from the issuance of the Convertible 2030 Notes and Convertible 2032 Notes, partially offset by $42.2 million of non-cash interest expense related…”10-K · Mar 24, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.1× · EV/sales 2.5×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
20.92+5.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 14:05 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for GME. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Earlier comparable assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-06-11 against the comparable filing from 2025-06-10.
A newer Struct brief is shown above. This older assessment remains here for comparison, not as the current read.
OperationsconstructiveEvidence score +3
liquidityneutralEvidence score 0
valuationpremium
What improved
- Revenue increased 14.0% versus the comparable filing period.
- Operating margin improved 18.6 percentage points.
- Net income increased 769.6% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“The increase in Gross profit and gross margin was primarily driven by a shift in sales mix towards higher-margin product categories, particularly collectibles.”
“Cash provided by investing activities during the three months ended May 2, 2026 was primarily due to the proceeds from the sales and maturities of Marketable securities, partially offset by cash pledged as collateral in connection with the Derivative asset.”
“The overall increase in consolidated Net sales was primarily driven by a $137.4 million or 65.0% increase in collectibles sales, partially offset by a decline in software sales of $22.9 million or 13.0% and a decline in hardware and accessories sales of $11.6 million, or 3.4%.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind GME
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
DXCDXC Technology CompanydistributorMay 8, 2026 ▾
“Fernandez has also served on the board of directors of several public companies, including Broadcom, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
GME is currently a Leader in the organic co-movement group Video Game Retail. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for GME; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.