GameStop Earnings Reports

GameStop saw a year-over-year drop in revenue for Q4 2024 but managed to improve profitability, achieving higher net income and operating income. The company also reported strong free cash flow and maintained substantial cash reserves.

GameStop's second quarter 2024 results showed a decrease in net sales to $0.798 billion from $1.164 billion in the prior year, but net income increased to $14.8 million compared to a net loss of $2.8 million in the same quarter last year. The company's cash and cash equivalents stood at $4.204 billion at the end of the quarter.