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GameStop GME Europe — Asset impairments

Other segment segments

Australia
$2.3M
United States
$0

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Other financials

Income statement

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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

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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

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Operating cash flow$337.4M+75.3%
CapEx$4.5M+55.2%
Free cash flow$332.9M+75.6%

Valuation

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Market cap$8.53B-16.4%
Enterprise value$5.46B-1.5%
P/E11.2×-37.8×
P/S2.3×-0.5×

Profitability

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Gross margin34.4%+3.8pp
Operating margin10.3%
Net margin20.4%+14.8pp
FCF margin19.8%

Returns & leverage

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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, 2026United StatesAustraliaEuropeTotal
Selling, general and administrative expenses:137.734.029.9201.6
Store related112.226.826.3165.3
Other25.57.23.636.3
Asset impairments0.3(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 europe — asset impairments?
GameStop (GME) reported europe — asset impairments of -$4.9M in Q1 2026.
How has GameStop's europe — asset impairments changed year-over-year?
GameStop's europe — asset impairments decreased by 128.5% year-over-year, from $17.2M to -$4.9M.
What is the long-term trend for GameStop's europe — asset impairments?
Over 2 years (2022 to 2025), GameStop's europe — asset impairments has grown at a 230.0% compound annual growth rate (CAGR), from $2.7M to $29.4M.
What does europe — asset impairments mean?
Reflects non-cash charges recognized when the carrying value of assets in the European segment exceeds their recoverable amount. This often occurs due to store closures, underperforming locations, or declining asset utility.

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