GameSquare Holdings (GAME) Operating Expenses (2020 - 2025)

GameSquare Holdings (GAME) has 6 years of Operating Expenses data on file, last reported at $22.9 million in Q4 2025.

• Quarterly Operating Expenses rose 5.81% year-over-year to $22.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $48.5 million (up 2.35% YoY) and the FY2025 annual result came in at $44.8 million, up 2.11% from the prior year.
• Operating Expenses grew 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 $359211.0 in Q3 2022.
• The 5-year median for Operating Expenses is $9.7 million (2024), against an average of $11.9 million.
• The widest annual swing landed in 2021, when Operating Expenses slumped 94.85%; it then surged 148.0% in 2022.
• Tracing GAME's Operating Expenses over 5 years: stood at $24.7 million in 2021, then plunged by 36.09% to $15.8 million in 2022, then dropped by 5.12% to $15.0 million in 2023, then jumped by 44.92% to $21.7 million in 2024, then advanced by 5.81% to $22.9 million in 2025.
• Per Business Quant, the three latest GAME Operating Expenses figures stand at $22.9 million (Q4 2025), $8.0 million (Q3 2025), and $7.1 million (Q2 2025).

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