GameSquare Holdings (GAME) Cost of Revenue (2020 - 2025)
GameSquare Holdings (GAME) reported Cost of Revenue of -$12.6 million for Q4 2025, down 664.96% year-over-year from $2.2 million in Q4 2024, and down 961.32% on a QoQ basis from $1.5 million in Q3 2025.
GameSquare Holdings (GAME) has 5 years of Cost of Revenue data on file, last reported at -$12.6 million in Q4 2025.
- Quarterly Cost of Revenue fell 664.96% year-over-year to -$12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.2 million (up 6.56% YoY) and the FY2025 annual result came in at $2.9 million, down 54.47% from the prior year.
- Cost of Revenue eased to -$12.6 million in Q4 2025 per GAME's latest filing, from $1.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $17.8 million in Q1 2025 and bottomed at -$12.6 million in Q4 2025.
- The 4-year median for Cost of Revenue is $1.5 million (2025), against an average of $3.4 million.
- Peak annual rise in Cost of Revenue reached 700.15% in 2025, while the deepest fall reached 664.96% in 2025.
- Tracing GAME's Cost of Revenue over 4 years: stood at $7.3 million in 2021, then surged by 65.25% to $12.1 million in 2023, then slumped by 81.59% to $2.2 million in 2024, then sank by 664.96% to -$12.6 million in 2025.
- Per Business Quant, the three latest GAME Cost of Revenue figures stand at -$12.6 million (Q4 2025), $1.5 million (Q3 2025), and $547188.0 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - | - |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn | 710.00 Mn |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn | 433.20 Mn |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn | 294.00 Mn |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn | 360.60 Mn |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 29.81 Mn |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - | - |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn | 24.41 Mn |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn | 3.60 Mn |
| 10 | GameSquare Holdings | 30.08 Mn | 23.71 Mn | 8.47 Mn | -12.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.61 Mn |
| Dec 31, 2025 | -12.61 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 547,188.00 |
| Jun 30, 2025 | 547,188.00 |
| Mar 31, 2025 | 17.78 Mn |
| Mar 31, 2025 | 17.78 Mn |
| Dec 31, 2024 | 2.23 Mn |
| Dec 31, 2024 | 2.23 Mn |
| Sep 30, 2024 | 1.29 Mn |
| Sep 30, 2024 | 1.29 Mn |
| Jun 30, 2024 | 994,717.00 |
| Jun 30, 2024 | 994,717.00 |
| Mar 31, 2024 | 2.22 Mn |
| Mar 31, 2024 | 2.22 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Sep 30, 2023 | 688,935.00 |
| Sep 30, 2023 | 688,935.00 |
| Jun 30, 2023 | 9.60 Mn |
| Jun 30, 2023 | 9.60 Mn |
| Mar 31, 2023 | 484,309.00 |
| Mar 31, 2023 | 484,309.00 |
| Dec 31, 2021 | 7.34 Mn |
| Dec 31, 2021 | 7.34 Mn |
| Nov 30, 2020 | 251,571.03 |
| Nov 30, 2020 | 251,571.03 |