GameStop stock falls 6.51 percent as quarterly profit rises

Published on 09/28/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GameStop stock stood at USD 23.39 on September 25, 2026, 16.76 percent below its 52-week high. Q2 net income rose to USD 298.7 million as collectibles grew 57 percent.

GME, US36467W1099, Illustration mit AI erstellt.

GameStop stock (ISIN US36467W1099) fell 6.51 percent to a closing price of USD 23.39 on the NYSE on September 25, 2026, after opening at USD 24.96. The latest operating backdrop combines lower sales with sharply higher quarterly profit and a stronger collectibles mix.

Q2 profit widens despite lower sales

GameStop reported USD 790.2 million in second-quarter net sales for the period ended August 1, 2026, down from USD 972.2 million a year earlier. GAAP net income increased to USD 298.7 million from USD 168.6 million, while diluted earnings per share rose to USD 0.51 from USD 0.31.

The earnings mix matters. Operating income reached USD 160.2 million, compared with USD 66.4 million in the prior-year quarter, and adjusted EBITDA climbed to USD 174.0 million from USD 75.7 million, according to the company release dated September 8, 2026.

Collectibles reshape the sales mix

Collectibles net sales grew 57 percent year over year to USD 356.3 million in Q2 2026, representing 45.1 percent of quarterly sales versus 23.4 percent a year earlier. Video Games sales fell to USD 263.2 million from USD 494.6 million, making the category shift a central part of the current earnings story.

Yahoo Finance reported that gains tied to GameStop's eBay investment supported the quarter. The company held an eBay equity investment valued at USD 4.9 billion as of August 1, 2026, while a USD 166.3 million derivative gain and a USD 72.1 million unrealized equity gain were excluded from adjusted results.

Stock trades below yearly high

At USD 23.39 on September 25, 2026, GameStop stock was 16.76 percent below its 52-week high of USD 28.10 and above its 52-week low of USD 17.79. Trading volume reached 13,158,505 shares, and market capitalization stood at USD 11.8 billion on that date.

GameStop raised fiscal 2026 adjusted EBITDA guidance on September 8, 2026, to more than USD 650 million from more than USD 600 million. Investing.com lists December 9, 2026 as the next earnings date, giving the guidance and collectibles strategy a scheduled checkpoint.