GameStop stock rises on record Q2 operating income

Published on 09/19/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GameStop stock traded at USD 22.78 on September 18, 2026, up 3.65 percent. Q2 revenue was USD 790.2 million and adjusted EBITDA rose to USD 174 million.

GME, US36467W1099, Illustration mit AI erstellt.

GameStop stock (ISIN US36467W1099) traded at USD 22.78 on September 18, 2026, after a 3.65 percent gain, while second-quarter revenue fell to USD 790.2 million and adjusted EBITDA rose to USD 174 million. As ad hoc news reported on September 18, 2026, the company also lifted its full-year adjusted EBITDA outlook to more than USD 650 million from more than USD 600 million.

Q2 numbers set the tone

The same report said net income reached USD 298.7 million in the second quarter ended July 31, 2026, while revenue declined from USD 972.2 million a year earlier to USD 790.2 million. That is a drop of 18.72 percent, but the quarter still delivered record operating income of USD 160.2 million, according to the report from ad hoc news.

TradingView data cited in the same item pointed to USD 5.4 billion in cash and related assets at the end of the quarter. The market is now balancing that cash cushion against weaker sales and a much smaller revenue base than in the prior-year quarter.

September traders keep buying

GameStop stock has also moved sharply in September. Finbold said on September 18, 2026, that the shares were up 21.05 percent for the month, while the latest close in that report was USD 22.77, a level close to the current MarketBeat quote of USD 22.78 on September 18, 2026.

Options activity underlined the speculative tone around the name. MarketBeat showed 3.65 percent daily gains at the close and heavy call interest around the USD 22.50 strike on September 18, 2026, with 26,591 call contracts traded at that strike.

USD 22.78 is the level

The current reference price is USD 22.78 on September 18, 2026, with MarketBeat showing an after-hours price of USD 22.74 at 8:00 p.m. Eastern. CompaniesMarketCap put GameStop's market capitalization at USD 11.42 billion as of September 2026, with the same page showing a September 18, 2026 close of USD 22.64 and a one-day change of -0.57 percent.