Filing Flows › GameSquare Holdings (GAME) › Q1 2026 › vs Q4 2025
GameSquare Holdings (GAME) Q1 2026 vs Q4 2025 (quarter over quarter)
GameSquare Holdings's revenue fell $4.0M (-21%) from $18.5M in Q4 2025 to $14.5M in Q1 2026.
GameSquare Holdings, Q1 2026: revenue $14.5M (+95% year over year), operating margin -23.3%, net loss $17.7M, operating cash flow −$6.4M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $14.5M | $18.5M | −$4.0M | -21% |
| Net loss | $17.7M | $31.1M | −$13.4M | -43% |
| Costs & expenses | $32.2M | $49.6M | −$17.4M | -35% |
| Operating costs | $17.9M | $32.9M | −$15.0M | -46% |
| Interest & other, net | $14.2M | $13.6M | $587K | +4% |
| Income tax | $94K | $3.0M | −$2.9M | -97% |
| Cost of revenue | $8.9M | $10.0M | −$1.1M | -11% |
| Research & development | $611K | $500K | $111K | +22% |
| Sales & marketing | $2.1M | $1.4M | $758K | +55% |
| General & admin | $4.4M | $5.9M | −$1.4M | -24% |
| Other operating costs | $1.8M | $15.2M | −$13.5M | -88% |
| Operating cash sources | $17.7M | $31.1M | −$13.4M | -43% |
| Depreciation & amortization | $434K | $397K | $38K | +9% |
| Share-based compensation | $528K | $975K | −$447K | -46% |
| Working capital & other | $10.3M | $28.6M | −$18.3M | -64% |
| Cash used in operations | $6.4M | $1.1M | $5.3M | +462% |
| Net loss absorbed | $17.7M | $31.1M | −$13.4M | -43% |
Questions
How much did GameSquare Holdings's revenue grow quarter over quarter in Q1 2026?
GameSquare Holdings's revenue fell $4.0M (-21%) from $18.5M in Q4 2025 to $14.5M in Q1 2026.