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| Date | Value |
|---|---|
| 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 |