GameStop (GME-WT) Gross Margin (2009 - 2026)
GameStop's (GME-WT) quarterly Gross Margin came in at 40.74% in Q2 2026, up 622.0% year-on-year from 5.64% in Q2 2025, and up 16.31% on a QoQ basis from 35.03% in Q1 2026.
GameStop (GME-WT) Gross Margin (2009 - 2026) Analysis & Trends
GameStop (GME-WT) has 18 years of Gross Margin data on file, last reported at 40.74% in Q2 2026.
- On a quarterly basis, Gross Margin rose 622.0% year-over-year to 40.74% in Q2 2026; TTM through May 2026 was 34.39%, a 384.0% increase from a year earlier, with the FY2026 full-year figure at 32.95%, up 381.0% from the prior year.
- Gross Margin for Q2 2026 stood at 40.74%, up from 35.03% in the prior quarter.
- Over the last five years, Gross Margin for GME-WT reached as high as 40.74% in Q2 2026 and fell as low as 16.78% in Q1 2022.
- Historically, Gross Margin has averaged 27.73% across 5 years, with a median of 27.01% in 2023.
- Across the five-year window, Gross Margin slumped 436 bps in 2022 and soared 679 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 24.58% in 2022, then gained by 6 bps to 26.13% in 2023, then grew by 14 bps to 29.9% in 2024, then grew by 11 bps to 33.3% in 2025, then advanced by 22 bps to 40.74% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 40.74% in Q2 2026, 35.03% in Q1 2026, and 33.3% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.43 Bn | 31.90 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 31.83 Bn | 31.83 Bn | - | - |
| 3 | Williams Sonoma | 28.06 Bn | 27.05 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 22.91 Bn | 22.41 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.17 Bn | 16.42 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.36 Bn | 15.01 Bn | 1.77 Bn | 28.43% |
| 7 | Tractor Supply | 16.09 Bn | 15.87 Bn | 1.30 Bn | 36.22% |
| 8 | MINISO Group Holding | 15.95 Bn | 14.87 Bn | 414.86 Mn | 46.39% |
| 9 | Five Below | 11.89 Bn | 10.96 Bn | 696.98 Mn | 40.32% |
| 10 | GameStop | 860.93 Mn | -7.51 Bn | 340.30 Mn | 40.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 40.74% |
| Jan 31, 2026 | 35.03% |
| Nov 1, 2025 | 33.30% |
| Aug 2, 2025 | 29.12% |
| May 3, 2025 | 34.52% |
| Feb 1, 2025 | 28.33% |
| Nov 2, 2024 | 29.90% |
| Aug 3, 2024 | 31.17% |
| May 4, 2024 | 27.73% |
| Feb 3, 2024 | 23.37% |
| Oct 28, 2023 | 26.13% |
| Jul 29, 2023 | 26.28% |
| Apr 29, 2023 | 23.22% |
| Jan 28, 2023 | 22.45% |
| Oct 29, 2022 | 24.58% |
| Jul 30, 2022 | 24.84% |
| Apr 30, 2022 | 21.66% |
| Jan 29, 2022 | 16.78% |
| Oct 30, 2021 | 24.57% |
| Jul 31, 2021 | 27.12% |