GameStop (GME) Gross Margin (2009 - 2026)
GameStop's (GME) quarterly Gross Margin came in at 43.66% in Q3 2026, up 1454.0% year-over-year from 2.81% in Q3 2025, and up 7.17% on a QoQ basis from 40.74% in Q2 2026.
Analysis
GameStop (GME) Gross Margin (2009 - 2026) Analysis & Trends
GameStop (GME) has 18 years of Gross Margin data on file, last reported at 43.66% in Q3 2026.
- On a quarterly basis, Gross Margin rose 1454.0% year-over-year to 43.66% in Q3 2026; TTM through Aug 2026 was 37.89%, a 783.0% increase from a year earlier, with the FY2026 full-year figure at 32.95%, up 381.0% from the prior year.
- Gross Margin for Q3 2026 stood at 43.66%, up from 40.74% in the prior quarter.
- Across five years, Gross Margin topped out at 43.66% in Q3 2026 and bottomed at 16.78% in Q1 2022.
- Historically, Gross Margin has averaged 28.57% across 5 years, with a median of 27.73% in 2024.
- The widest annual swing landed in 2022, when Gross Margin slumped 436 bps; it then jumped 1454 bps in 2026.
- Year by year, Gross Margin stood at 24.58% in 2022, then climbed by 6 bps to 26.13% in 2023, then rose by 14 bps to 29.9% in 2024, then rose by 11 bps to 33.3% in 2025, then surged by 31 bps to 43.66% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 43.66% in Q3 2026, 40.74% in Q2 2026, and 35.03% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.16 Bn | 22.94 Bn | 1.19 Bn | 39.10% |
| 2 | Best Buy | 19.53 Bn | 17.27 Bn | 2.34 Bn | 23.91% |
| 3 | Dick'S Sporting Goods | 10.76 Bn | 9.84 Bn | 1.94 Bn | 34.78% |
| 4 | GameStop | 10.16 Bn | 5.10 Bn | 345.00 Mn | 43.66% |
| 5 | Signet Jewelers | 3.88 Bn | 3.35 Bn | 602.40 Mn | 39.42% |
| 6 | Academy Sports & Outdoors | 3.00 Bn | 2.70 Bn | 665.90 Mn | 40.42% |
| 7 | National Vision Holdings | 1.33 Bn | 1.30 Bn | 290.43 Mn | 58.23% |
| 8 | Gold.com | 1.32 Bn | 490.26 Mn | 110.30 Mn | 2.20% |
| 9 | Winmark | 1.02 Bn | 997.85 Mn | 21.15 Mn | 96.27% |
| 10 | Barnes & Noble Education | 369.06 Mn | 361.25 Mn | 57.05 Mn | 19.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 43.66% |
| 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% |