GameStop (GME) Operating Expenses (2009 - 2026)
GameStop (GME) posted quarterly Operating Expenses of $201.6 million for Q2 2026, down 11.62% YoY from $228.1 million in Q2 2025, and down 16.66% sequentially from $241.9 million in Q1 2026.
GameStop (GME) Operating Expenses (2009 - 2026) Analysis & Trends
GameStop has disclosed Operating Expenses across 18 years of filings, most recently posting $201.6 million for 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 slipped to $201.6 million in Q2 2026, from $241.9 million in the prior quarter.
- Over the last five years, Operating Expenses for GME reached as high as $538.9 million in Q1 2022 and fell as low as $201.6 million in Q2 2026.
- The 5-year median for Operating Expenses is $295.8 million (2023), against an average of $321.4 million.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 28.59% — and 2023, when it retreated 23.56%.
- A 5-year view of Operating Expenses shows it stood at $387.9 million in 2022, then retreated by 23.56% to $296.5 million in 2023, then declined by 4.89% to $282.0 million in 2024, then decreased by 21.49% to $221.4 million in 2025, then slipped by 8.94% to $201.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $201.6 million, $241.9 million, and $221.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 730.02 Mn |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 1.73 Bn |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 279.80 Mn |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 7.87 Mn |
| 10 | GameStop | - | - | 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 |