What is GameStop's australia — asset impairments?

GameStop (GME) reported australia — asset impairments of $300K in Q1 2026.

What does australia — asset impairments mean?

Reflects non-cash charges recognized when the carrying value of assets in the Australian segment exceeds their recoverable amount. This typically occurs due to store closures, underperformance, or changes in market conditions.

GameStop (GME) Australia — Asset impairments

Screener

Other segment segments

Europe

$6.3M—

United States

$0—

Similar metrics at other companies

MLIClimate — Asset impairments

$0—

GATXOther — Asset impairments

$0—

FDP

FDPPrepared foods — Asset impairments

$16.1M—

MLIIndustrial Metals — Asset impairments

$0—

MLIPiping Systems — Asset impairments

$2.65M—

GATXRail International — Asset impairments

$0—

Other financials

Income statement

See full

Revenue$835.3M+14.0%

Gross profit$340.3M+34.6%

Operating income$143.3M+1,427%

Net income$389.6M+770%

EPS (diluted)$0.66+633%

Balance sheet

See full

Cash & equivalents$7.4B+15.4%

Total debt$4.3B+146%

Total equity$5.8B+17.1%

Total assets$11.0B+46.3%

Cash flow

See full

Operating cash flow$337.4M+75.3%

CapEx$4.5M+55.2%

Free cash flow$332.9M+75.6%

Valuation

See full

Market cap$8.53B-16.4%

Enterprise value$5.46B-1.5%

P/E11.2×-37.8×

P/S2.3×-0.5×

Profitability

See full

Gross margin34.4%+3.8pp

Operating margin10.3%—

Net margin20.4%+14.8pp

FCF margin19.8%—

Returns & leverage

See full

Return on equity14.1%+7.5pp

Debt / equity0.7×+0.4×

Current ratio12.4×+4.0×

Where this comes from

Reported directly by GameStop in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: GameStop’s 10-Q, filed June 11, 2026.

Filed: Jun 11, 2026, 6:15 AM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q2 2026
Accession: 0001326380-26-000025

As of and for the three months ended May 2, 2026	United States	Australia	Europe	Total
Selling, general and administrative expenses:	137.7	34.0	29.9	201.6
Store related	112.2	26.8	26.3	165.3
Other	25.5	7.2	3.6	36.3
Asset impairments	—	0.3	(4.9)	(4.6)
Operating income (loss)	144.6	—	(1.3)	143.3
Interest income, net				(83.7)
Unrealized gain on derivative asset, net				(268.4)
Gain on digital assets and related receivables				(1.1)

Item 1. Financial Statements (unaudited)

FAQ

What is GameStop's australia — asset impairments?: GameStop (GME) reported australia — asset impairments of $300K in Q1 2026.
What does australia — asset impairments mean?: Reflects non-cash charges recognized when the carrying value of assets in the Australian segment exceeds their recoverable amount. This typically occurs due to store closures, underperformance, or changes in market conditions.