Short answer
GameStop Corp (GME) filed its fiscal 2026 10-K annual report with the SEC on Mar 24, 2026. It reported revenue of $3.6B (−5.1% year over year) and net income of $418M.
- Top risk flagged: Cybersecurity incident risk: IT security team and Audit Committee oversee prevention, detection, and remediation
FY2026 key financial metrics · XBRL
- Revenue
- $3.6B
- −5.1% YoY
- Net income
- $418M
- +218.7% YoY
- Operating margin
- 6.4%
- +7.1 pp YoY
- Gross margin
- 33.0%
- +3.8 pp YoY
- EPS (diluted)
- $0.77
- +133.3% YoY
- ROE
- 7.7%
- +5.0 pp YoY
- Operating cash flow
- $615M
- +322.0% YoY
Source: XBRL data from the GameStop Corp (GME) FY2026 10-K on SEC EDGAR. USD.
GameStop Corp FY2026 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core model: Omnichannel retailer of games, collectibles and entertainment products, with stores serving fulfillment and trade-in functions
- New emphasis: Capital allocation pillar targeting acquisitions, investments, partnerships and control transactions, including permissible Bitcoin investments
- Strategic shift: Cash deployment and transformational acquisitions added alongside legacy retail optimization and cost containment
- Footprint: 2,206 stores worldwide, including 1,598 U.S., 308 Europe and 300 Australia locations
- Fiscal 2025 actions: 727 U.S. store closures, Canada divestiture and New Zealand store exits, with no significant domestic closures anticipated in fiscal 2026
Management Discussion & Analysis
- Revenue $3,629.9M, down 5.1% YoY from $3,823.0M
- Net income $418.4M, margin 11.5% vs 3.4%; gross margin 33.0% vs 29.1%
- Best segment Australia, sales $494.7M, up 22.2%; worst Canada, $38.2M, down 81.3%
- Operating cash flow $614.8M; capex not specified; $4,200M convertible-debt proceeds, no share repurchases
- Outlook: collectibles expansion and acquisitions; risks include Bitcoin losses and marketable-securities volatility
Risk Factors
- Cybersecurity incident risk: IT security team and Audit Committee oversee prevention, detection, and remediation
- Leadership dependency: cybersecurity team leadership averages 16 years of prior experience
- Governance exposure: cybersecurity attacks meeting established thresholds require timely reporting to senior management and Audit Committee
Generated from the filing text; verify against the original. How to read a 10-K
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