GameSquare Holdings (GAME) EBITDA (2020 - 2026)
GameSquare Holdings (GAME) posted quarterly EBITDA of -$14.5 million for Q4 2025, up 26.62% year-over-year from -$11.4 million in Q4 2024, and down 504.67% quarter-over-quarter from -$2.4 million in Q3 2025.
GameSquare Holdings (GAME) EBITDA (2020 - 2026) Analysis & Trends
GameSquare Holdings (GAME) has reported EBITDA for 6 consecutive years, with -$14.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA rose 26.62% year-over-year to -$14.5 million; the TTM figure through Dec 2025 stood at -$28.7 million (up 18.73% YoY), while the FY2025 annual figure was -$25.2 million, up 26.58% from the prior year.
- EBITDA declined to -$14.5 million in Q4 2025 per GAME's latest filing, from -$2.4 million in the prior quarter.
- Across five years, EBITDA topped out at $2.3 million in Q4 2021 and bottomed at -$19.7 million in Q4 2024.
- Historically, EBITDA has averaged -$6.7 million across 5 years, with a median of -$5.4 million in 2023.
- Annual changes were most pronounced in 2021 — EBITDA soared 159.42% — and 2022, when it slumped 344.89%.
- GameSquare Holdings' EBITDA stood at $2.3 million in 2021, then sank by 329.18% to -$5.3 million in 2022, then tumbled by 113.95% to -$11.4 million in 2023, then sank by 72.39% to -$19.7 million in 2024, then rose by 26.62% to -$14.5 million in 2025.
- Business Quant data shows GAME's EBITDA at -$14.5 million in Q4 2025, -$2.4 million in Q3 2025, and -$4.7 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | 1.83 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 513.00 Mn |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 4.60 Mn |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | -229.00 Mn |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 134.60 Mn |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 36.50 Mn |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 18,385.77 |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | -18.30 Mn |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | 18.00 Mn |
| 10 | GameSquare Holdings | 41.67 Mn | 34.85 Mn | 9.05 Mn | -1.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.71 Mn |
| 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 |