GameSquare Holdings (GAME) EBITDA (2020 - 2025)

GameSquare Holdings (GAME) posted quarterly EBITDA of -$14.5 million for Q4 2025, up 26.62% year-on-year from -$11.4 million in Q4 2024, and down 504.67% on a QoQ basis from -$2.4 million in Q3 2025.

GameSquare Holdings (GAME) EBITDA (2020 - 2025) Analysis & Trends

GameSquare Holdings (GAME) has reported EBITDA for 6 consecutive years, with -$14.5 million the latest figure, recorded in Q4 2025.

  • Quarterly EBITDA rose 26.62% year-over-year to -$14.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$28.7 million (up 18.73% YoY) and the FY2025 annual result came in at -$25.2 million, up 26.58% from the prior year.
  • EBITDA slipped to -$14.5 million in Q4 2025 per GAME's latest filing, from -$2.4 million in the prior quarter.
  • Over the last five years, EBITDA for GAME reached as high as $2.3 million in Q4 2021 and fell as low as -$19.7 million in Q4 2024.
  • A 5-year average of -$6.7 million and a median of -$5.4 million in 2023 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2021 — EBITDA surged 159.42% — and 2022, when it slumped 344.89%.
  • Year by year, EBITDA stood at $2.3 million in 2021, then slumped by 329.18% to -$5.3 million in 2022, then plunged by 113.95% to -$11.4 million in 2023, then slumped by 72.39% to -$19.7 million in 2024, then climbed by 26.62% to -$14.5 million in 2025.
  • According to Business Quant data, EBITDA over the past three periods registered -$14.5 million, -$2.4 million, and -$4.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Electronic Arts 52.46 Bn 49.60 Bn 1.76 Bn 564.00 Mn
2 Take Two Interactive Software 48.15 Bn 47.69 Bn 938.70 Mn 10.90 Mn
3 Roblox 33.85 Bn 30.63 Bn 1.15 Bn -294.00 Mn
4 Gdev 2.31 Bn 2.31 Bn 85.00 Mn 18.00 Mn
5 NetEase 2.16 Bn -7,331,731.34 Bn 3.06 Bn 1.83 Bn
6 Playtika Holding 1.35 Bn 575.11 Mn 552.50 Mn -49.60 Mn
7 Gravity 418.32 Mn 418.18 Mn 35,341.61 21,093.85
8 Meridian Holdings 152.70 Mn 138.17 Mn 28.14 Mn 3.16 Mn
9 Firy 128.08 Mn -57.32 Mn 25.51 Mn -8.75 Mn
10 GameSquare Holdings 24.97 Mn 16.83 Mn 8.47 Mn -14.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -14.47 Mn
Sep 30, 2025 -2.39 Mn
Jun 30, 2025 -4.72 Mn
Mar 31, 2025 -7.12 Mn
Dec 31, 2024 -19.72 Mn
Sep 30, 2024 -3.14 Mn
Jun 30, 2024 -6.18 Mn
Mar 31, 2024 -6.28 Mn
Dec 31, 2023 -11.44 Mn
Sep 30, 2023 -5.48 Mn
Jun 30, 2023 -5.45 Mn
Mar 31, 2023 -3.01 Mn
Nov 30, 2022 -5.35 Mn
May 31, 2022 -5.41 Mn
Feb 28, 2022 -3.96 Mn
Nov 30, 2021 2.33 Mn
Aug 31, 2021 -8.56 Mn
May 31, 2021 2.21 Mn
Feb 28, 2021 -19.59 Mn
Nov 30, 2020 -3.93 Mn