GameSquare Holdings (GAME) Cost of Revenue (2023 - 2025)

GameSquare Holdings (GAME) posted quarterly Cost of Revenue of $10.0 million for Q4 2025, up 76.68% year-on-year from $5.7 million in Q4 2024, and up 74.46% on a QoQ basis from $5.7 million in Q3 2025.

GameSquare Holdings (GAME) Cost of Revenue (2023 - 2025) Analysis & Trends

GameSquare Holdings (GAME) has reported Cost of Revenue for 3 consecutive years, with $10.0 million the latest figure, recorded in Q4 2025.

  • Quarterly Cost of Revenue rose 76.68% year-over-year to $10.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $46.9 million (up 16.15% YoY) and the FY2025 annual result came in at $25.5 million, up 40.87% from the prior year.
  • Cost of Revenue climbed to $10.0 million in Q4 2025 per GAME's latest filing, from $5.7 million in the prior quarter.
  • Over the last five years, Cost of Revenue for GAME reached as high as $17.8 million in Q1 2025 and fell as low as $1.5 million in Q1 2023.
  • A 3-year average of $9.9 million and a median of $9.5 million in 2023 frame the typical range for Cost of Revenue.
  • The largest YoY upside for Cost of Revenue was 848.58% in 2024 against a maximum downside of 53.41% in 2024.
  • Year by year, Cost of Revenue stood at $12.1 million in 2023, then slumped by 53.41% to $5.7 million in 2024, then soared by 76.68% to $10.0 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $10.0 million, $5.7 million, and $13.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 NetEase 78.83 Bn -7,986,246.37 Bn 3.06 Bn 1.35 Bn
2 Electronic Arts 52.26 Bn 49.40 Bn 1.76 Bn 364.00 Mn
3 Take Two Interactive Software 44.91 Bn 44.45 Bn 938.70 Mn 741.10 Mn
4 Roblox 34.34 Bn 31.14 Bn 1.15 Bn 294.00 Mn
5 Playtika Holding 1.48 Bn 698.06 Mn 552.50 Mn 192.20 Mn
6 Gravity 428.89 Mn 428.74 Mn 35,341.61 75,415.14
7 Gdev 217.57 Mn 217.57 Mn 85.00 Mn 14.00 Mn
8 Meridian Holdings 173.94 Mn 157.71 Mn 28.14 Mn 21.96 Mn
9 CTW Cayman 142.09 Mn 122.34 Mn - -
10 GameSquare Holdings 2.10 Mn -6.04 Mn 8.47 Mn 9.98 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 9.98 Mn
Dec 31, 2025 9.98 Mn
Sep 30, 2025 5.72 Mn
Sep 30, 2025 5.72 Mn
Jun 30, 2025 13.43 Mn
Jun 30, 2025 13.43 Mn
Mar 31, 2025 17.78 Mn
Mar 31, 2025 17.78 Mn
Dec 31, 2024 5.65 Mn
Dec 31, 2024 5.65 Mn
Sep 30, 2024 5.09 Mn
Sep 30, 2024 5.09 Mn
Jun 30, 2024 15.31 Mn
Jun 30, 2024 15.31 Mn
Mar 31, 2024 14.34 Mn
Mar 31, 2024 14.34 Mn
Dec 31, 2023 12.13 Mn
Dec 31, 2023 12.13 Mn
Sep 30, 2023 8.99 Mn
Sep 30, 2023 8.99 Mn