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
DateValue
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