GameStop profit margin GME
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 25.2%
- Operating margin, 12 months
- 13.5%
- Net margin on a year earlier
- +15.7 pts
- Peer median
- 4.1%
Over the twelve months to Aug 1, 2026, GameStop kept 25.2% of its revenue as net profit, with an operating margin of 13.5% and a gross margin of 37.9%.
Five years earlier its net margin was −1.2%.
The median for 10 specialty retail stocks of a similar size is 4.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.5% | 6.4% | 33.0% |
| FY2024 | 3.4% | −0.7% | 29.1% |
| FY2023 | 0.1% | −0.7% | 24.5% |
| FY2022 | −5.3% | −5.3% | 23.1% |
| FY2021 | −6.3% | −6.1% | 22.4% |
| FY2020 | −4.2% | −4.7% | 24.7% |
| FY2019 | −7.3% | −6.2% | 29.5% |
| FY2018 | −8.1% | −8.5% | 27.9% |
| FY2017 | 0.4% | 5.1% | 29.1% |
| FY2016 | 4.1% | 6.5% | 35.0% |
| FY2015 | 4.3% | 6.9% | 31.2% |
| FY2014 | 4.2% | 6.7% | 29.9% |
| FY2013 | 3.9% | 6.3% | 29.4% |
| FY2012 | −3.0% | −0.5% | 29.8% |
| FY2011 | 3.6% | 6.0% | 28.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 25.2% | +15.7 pts | 13.5% | |
| Q1 FY26 | 20.4% | +14.8 pts | 10.3% | |
| Q4 FY25 | 11.5% | +8.1 pts | 6.4% | |
| Q3 FY25 | 11.1% | +9.6 pts | 4.6% | |
| Q2 FY25 | 9.4% | +8.5 pts | 2.7% | |
| Q1 FY25 | 5.7% | +5.2 pts | 0.4% | |
| Q4 FY24 | 3.4% | +3.3 pts | −0.7% | |
| Q3 FY24 | 1.5% | +1.6 pts | −1.2% | |
| Q2 FY24 | 0.9% | +2.7 pts | −0.7% | |
| Q1 FY24 | 0.5% | +4.1 pts | −0.5% | |
| Q4 FY23 | 0.1% | +5.4 pts | −0.7% | |
| Q3 FY23 | −0.1% | +8.4 pts | −0.8% |
Against its peers
Companies in Specialty Retail nearest GameStop's size, closest first, today.
| Company | Profit margin |
|---|---|
| GMEGameStop | 25.2% |
| DKSDick's Sporting Goods | 4.0% |
| TSCOTractor Supply | 6.4% |
| CHWYChewy | 2.1% |
| FCFSFirstCash | 9.4% |
| BBYBest Buy | 3.0% |
| CPNGCoupang | −2.2% |
| CASYCasey's General Stores | 4.1% |
| ULTAUlta Beauty | 9.3% |
| WSMWilliams-Sonoma | 14.7% |
| NSITInsight Enterprises | 2.5% |
| Peer median | 4.1% |
Where GameStop ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on GameStop
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.