GameStop Announces Second Quarter Results for Fiscal Year 2026, with Estimated Net Profit of $290 Million to $310 Million
2026-09-01 20:56:13
According to CoinMeta, Wu said that GameStop announced its preliminary financial results for the second quarter of fiscal year 2026, with estimated net profits ranging from $290 million to $310 million. During the quarter, the company incurred a loss of approximately $75 million due to digital assets and related receivables, while eBay derivatives and stock investments generated a net income of about $238 million. The company expects quarterly revenue to be between $780 million and $800 million, which is lower than the $972.2 million in the same period last year. As of August 1st, cash, cash equivalents, and marketable securities are estimated to be between $5.05 billion and $5.07 billion. GameStop has previously included Bitcoin in its investment policy and purchased 4,710 units of Bitcoin in 2025.
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