GameStop (GME) Gross Margin (2009 - 2026)
GameStop (GME) reported Gross Margin of 35.03% for Q1 2026, up 669.0% year-over-year from 4.55% in Q1 2025, and up 5.18% quarter-over-quarter from 33.3% in Q4 2025.
GameStop (GME) Gross Margin (2009 - 2026) Analysis & Trends
GameStop (GME) has 18 years of Gross Margin data on file, last reported at 35.03% in Q1 2026.
- Gross Margin for Q1 2026 came in at 35.03%, up 669.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 32.95% (up 381.0% YoY), and the FY2026 annual result was 32.95%, up 381.0% from the prior year.
- Gross Margin rose to 35.03% in Q1 2026 per GME's latest filing, from 33.3% in the prior quarter.
- Over five years, Gross Margin peaked at 35.03% in Q1 2026 and troughed at 16.78% in Q1 2022.
- A 5-year average of 26.97% and a median of 26.28% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 436 bps in 2022, then surged 679 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 24.58% in 2022, then grew by 6 bps to 26.13% in 2023, then gained by 14 bps to 29.9% in 2024, then gained by 11 bps to 33.3% in 2025, then advanced by 5 bps to 35.03% in 2026.
- Business Quant data shows GME's Gross Margin at 35.03% in Q1 2026, 33.3% in Q4 2025, and 29.12% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 35.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 1, 2021 | 25.85% |