GameSquare Holdings (GAME) Cost of Revenue (2023 - 2026)

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

• In Q4 2025, Cost of Revenue rose 76.68% year-over-year to $10.0 million; the TTM figure through Dec 2025 stood at $46.9 million (up 16.15% YoY), while the FY2025 annual figure was $25.5 million, up 40.87% from the prior year.
• Cost of Revenue rose to $10.0 million in Q4 2025 per GAME's latest filing, from $5.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $17.8 million in Q1 2025 and bottomed at $1.5 million in Q1 2023.
• Historically, Cost of Revenue has averaged $9.9 million across 3 years, with a median of $9.5 million in 2023.
• On a YoY basis, Cost of Revenue climbed as much as 848.58% in 2024 and fell as far as 53.41% in 2024.
• GameSquare Holdings' Cost of Revenue stood at $12.1 million in 2023, then sank by 53.41% to $5.7 million in 2024, then soared by 76.68% to $10.0 million in 2025.
• Business Quant data shows GAME's Cost of Revenue at $10.0 million in Q4 2025, $5.7 million in Q3 2025, and $13.4 million in Q2 2025.