GameStop (GME-WT) Operating Expenses (2009 - 2026)
GameStop (GME-WT) posted quarterly Operating Expenses of $201.6 million for Q2 2026, down 11.62% year-over-year from $228.1 million in Q2 2025, and down 16.66% quarter-over-quarter from $241.9 million in Q1 2026.
GameStop (GME-WT) Operating Expenses (2009 - 2026) Analysis & Trends
GameStop (GME-WT) has reported Operating Expenses for 18 consecutive years, with $201.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 11.62% year-over-year to $201.6 million; the TTM figure through May 2026 stood at $883.7 million (down 16.9% YoY), while the FY2026 annual figure was $910.2 million, down 19.48% from the prior year.
- Operating Expenses eased to $201.6 million in Q2 2026 per GME-WT's latest filing, from $241.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $538.9 million in Q1 2022 and bottomed at $201.6 million in Q2 2026.
- Historically, Operating Expenses has averaged $321.4 million across 5 years, with a median of $295.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 28.59% — and 2023, when it retreated 23.56%.
- GameStop's Operating Expenses stood at $387.9 million in 2022, then decreased by 23.56% to $296.5 million in 2023, then fell by 4.89% to $282.0 million in 2024, then slipped by 21.49% to $221.4 million in 2025, then dropped by 8.94% to $201.6 million in 2026.
- Business Quant data shows GME-WT's Operating Expenses at $201.6 million in Q2 2026, $241.9 million in Q1 2026, and $221.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.86 Bn | 30.34 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 645.00 Mn |
| 10 | GameStop | 748.25 Mn | -7.62 Bn | 340.30 Mn | 201.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 201.60 Mn |
| Jan 31, 2026 | 241.90 Mn |
| Nov 1, 2025 | 221.40 Mn |
| Aug 2, 2025 | 218.80 Mn |
| May 3, 2025 | 228.10 Mn |
| Feb 1, 2025 | 282.50 Mn |
| Nov 2, 2024 | 282.00 Mn |
| Aug 3, 2024 | 270.80 Mn |
| May 4, 2024 | 295.10 Mn |
| Feb 3, 2024 | 359.20 Mn |
| Oct 28, 2023 | 296.50 Mn |
| Jul 29, 2023 | 322.50 Mn |
| Apr 29, 2023 | 345.70 Mn |
| Jan 28, 2023 | 453.40 Mn |
| Oct 29, 2022 | 387.90 Mn |
| Jul 30, 2022 | 387.50 Mn |
| Apr 30, 2022 | 452.20 Mn |
| Jan 29, 2022 | 538.90 Mn |
| Oct 30, 2021 | 421.50 Mn |
| Jul 31, 2021 | 378.90 Mn |