GameStop (GME) Operating Expenses (2009 - 2026)
GameStop's (GME) quarterly Operating Expenses came in at $187.1 million in Q3 2026, down 14.49% year-over-year from $218.8 million in Q3 2025, and down 7.19% on a QoQ basis from $201.6 million in Q2 2026.
Analysis
GameStop (GME) Operating Expenses (2009 - 2026) Analysis & Trends
GameStop (GME) has 18 years of Operating Expenses data on file, last reported at $187.1 million in Q3 2026.
- On a quarterly basis, Operating Expenses fell 14.49% year-over-year to $187.1 million in Q3 2026; TTM through Aug 2026 was $852.0 million, a 15.76% decrease from a year earlier, with the FY2026 full-year figure at $910.2 million, down 19.48% from the prior year.
- Operating Expenses for Q3 2026 stood at $187.1 million, down from $201.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $538.9 million in Q1 2022 and bottomed at $187.1 million in Q3 2026.
- Historically, Operating Expenses has averaged $314.4 million across 5 years, with a median of $295.1 million in 2024.
- The widest annual swing landed in 2022, when Operating Expenses increased 28.59%; it then slipped 23.56% in 2023.
- Year by year, Operating Expenses stood at $387.9 million in 2022, then fell by 23.56% to $296.5 million in 2023, then dropped by 4.89% to $282.0 million in 2024, then retreated by 21.49% to $221.4 million in 2025, then declined by 15.49% to $187.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $187.1 million in Q3 2026, $201.6 million in Q2 2026, and $241.9 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.16 Bn | 22.94 Bn | 1.19 Bn | 807.31 Mn |
| 2 | Best Buy | 19.53 Bn | 17.27 Bn | 2.34 Bn | 1.92 Bn |
| 3 | Dick'S Sporting Goods | 10.76 Bn | 9.84 Bn | 1.94 Bn | 1.48 Bn |
| 4 | GameStop | 10.16 Bn | 5.10 Bn | 345.00 Mn | 187.10 Mn |
| 5 | Signet Jewelers | 3.88 Bn | 3.35 Bn | 602.40 Mn | 493.60 Mn |
| 6 | Academy Sports & Outdoors | 3.00 Bn | 2.70 Bn | 665.90 Mn | 419.54 Mn |
| 7 | National Vision Holdings | 1.33 Bn | 1.30 Bn | 290.43 Mn | 269.13 Mn |
| 8 | Gold.com | 1.32 Bn | 490.26 Mn | 110.30 Mn | 77.94 Mn |
| 9 | Winmark | 1.02 Bn | 997.85 Mn | 21.15 Mn | 7.51 Mn |
| 10 | Barnes & Noble Education | 369.06 Mn | 361.25 Mn | 57.05 Mn | 66.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 187.10 Mn |
| 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 |