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
DateValue
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%