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GameStop GME Europe — Goodwill and asset impairments

Discontinued — last reported Q1 '26

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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$9.66B-39.3%
Enterprise value$6.58B-41.5%
P/E12.7×-63.7×
P/S2.6×-1.7×

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 official record: GameStop’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GameStop's europe — goodwill and asset impairments?
GameStop (GME) reported europe — goodwill and asset impairments of -$4.9M in Q1 2026.
How has GameStop's europe — goodwill and asset impairments changed year-over-year?
GameStop's europe — goodwill and 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 — goodwill and asset impairments?
Over 2 years (2021 to 2023), GameStop's europe — goodwill and asset impairments has grown at a -50.4% compound annual growth rate (CAGR), from $6.5M to $1.6M.
What does europe — goodwill and asset impairments mean?
The total value of write-downs taken on assets and goodwill within the European business segment.
How do you interpret europe — goodwill and asset impairments?
An increase suggests declining regional performance or overvaluation of past investments, while a decrease indicates asset stability.
How does europe — goodwill and asset impairments compare across companies?
Peers in retail often report similar impairment charges during periods of store consolidation or digital transformation.