GameSquare Holdings (GAME) Operating Expenses (2020 - 2026)
GameSquare Holdings (GAME) posted quarterly Operating Expenses of $22.9 million for Q4 2025, up 5.81% year-over-year from $21.7 million in Q4 2024, and up 187.31% quarter-over-quarter from $8.0 million in Q3 2025.
GameSquare Holdings (GAME) Operating Expenses (2020 - 2026) Analysis & Trends
GameSquare Holdings (GAME) has reported Operating Expenses for 6 consecutive years, with $22.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 5.81% year-over-year to $22.9 million; the TTM figure through Dec 2025 stood at $48.5 million (up 2.35% YoY), while the FY2025 annual figure was $44.8 million, up 2.11% from the prior year.
- Operating Expenses climbed to $22.9 million in Q4 2025 per GAME's latest filing, from $8.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $27.8 million in Q1 2021 and bottomed at $177952.0 in Q3 2022.
- Historically, Operating Expenses has averaged $11.9 million across 5 years, with a median of $9.9 million in 2021.
- On a YoY basis, Operating Expenses climbed as much as 148.0% in 2022 and fell as far as 99.09% in 2022.
- GameSquare Holdings' Operating Expenses stood at $10.1 million in 2021, then jumped by 56.46% to $15.8 million in 2022, then retreated by 5.12% to $15.0 million in 2023, then jumped by 44.92% to $21.7 million in 2024, then increased by 5.81% to $22.9 million in 2025.
- Business Quant data shows GAME's Operating Expenses at $22.9 million in Q4 2025, $8.0 million in Q3 2025, and $7.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | -1.24 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 1.20 Bn |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 918.00 Mn |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | 1.70 Bn |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 596.50 Mn |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 57.78 Mn |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 16,505.33 |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | 124.88 Mn |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | -47.00 Mn |
| 10 | GameSquare Holdings | 41.67 Mn | 34.85 Mn | 9.05 Mn | 10.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.76 Mn |
| Dec 31, 2025 | 22.94 Mn |
| Sep 30, 2025 | 7.99 Mn |
| Jun 30, 2025 | 7.15 Mn |
| Mar 31, 2025 | 10.45 Mn |
| Dec 31, 2024 | 21.68 Mn |
| Sep 30, 2024 | 7.36 Mn |
| Jun 30, 2024 | 8.70 Mn |
| Mar 31, 2024 | 9.67 Mn |
| Dec 31, 2023 | 14.96 Mn |
| Sep 30, 2023 | 7.99 Mn |
| Jun 30, 2023 | 8.24 Mn |
| Mar 31, 2023 | 4.29 Mn |
| Nov 30, 2022 | 15.77 Mn |
| Aug 31, 2022 | 177,952.00 |
| May 31, 2022 | 14.88 Mn |
| Feb 28, 2022 | 13.16 Mn |
| Nov 30, 2021 | 10.08 Mn |
| Aug 31, 2021 | 19.58 Mn |
| May 31, 2021 | 6.00 Mn |