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Filing Flows › GameSquare Holdings (GAME) › Q2 2026 › vs Q1 2026

GameSquare Holdings (GAME) Q2 2026 vs Q1 2026 (quarter over quarter)

GameSquare Holdings's revenue rose $4.0M (+27%) from $14.5M in Q1 2026 to $18.5M in Q2 2026. The biggest changes: Marketing Agency +$2.4M (+69%); SaaS +$955K (+59%); Consumer Products - Royalties −$821K (-67%).

GameSquare Holdings, Q2 2026: revenue $18.5M (+137% year over year), operating margin -9.3%, net loss $10.6M, operating cash flow −$2.8M. The chart draws each line against Q1 2026, the increases inside each band.

GameSquare Holdings: what changed, Q2 2026 vs Q1 2026GameSquare Holdings: what changed, Q2 2026 vs Q1 2026Net loss−$7.1MOperating cash sources−$7.1MNet loss absorbed−$7.1MInterest & other, net−$5.4MCash used in operations−$3.7MWorking capital & other−$3.3MCosts & expenses−$3.1MMarketing Agency$2.4MOperating costs$2.3MSaaS$955K

Every line

LineQ2 2026Q1 2026Change%
Marketing Agency$5.9M$3.5M$2.4M+69%
Talent Agency$4.7M$3.9M$718K+18%
SaaS$2.6M$1.6M$955K+59%
Content$2.1M$1.5M$607K+41%
Brand Sponsorships$1.2M$1.2M−$20K-2%
Esports$825K$1.1M−$265K-24%
SaaS Managed Services$555K$437K$118K+27%
Consumer Products - Royalties$397K$1.2M−$821K-67%
Consumer Products - Merchandise$314K$62K$252K+405%
Revenue$18.5M$14.5M$4.0M+27%
Net loss$10.6M$17.7M−$7.1M-40%
Costs & expenses$29.1M$32.2M−$3.1M-10%
Operating costs$20.2M$17.9M$2.3M+13%
Interest & other, net$8.9M$14.2M−$5.4M-38%
Income tax$83K$94K−$11K-12%
Cost of revenue$9.4M$8.9M$494K+6%
Research & development$683K$611K$72K+12%
Sales & marketing$2.4M$2.1M$280K+13%
General & admin$5.2M$4.4M$754K+17%
Other operating costs$2.5M$1.8M$708K+40%
Operating cash sources$10.6M$17.7M−$7.1M-40%
Depreciation & amortization$539K$434K$104K+24%
Share-based compensation$332K$528K−$196K-37%
Working capital & other$7.0M$10.3M−$3.3M-32%
Cash used in operations$2.8M$6.4M−$3.7M-57%
Net loss absorbed$10.6M$17.7M−$7.1M-40%

Questions

How much did GameSquare Holdings's revenue grow quarter over quarter in Q2 2026?

GameSquare Holdings's revenue rose $4.0M (+27%) from $14.5M in Q1 2026 to $18.5M in Q2 2026.

What drove GameSquare Holdings's revenue change in Q2 2026?

Marketing Agency +$2.4M (+69%); SaaS +$955K (+59%); Consumer Products - Royalties −$821K (-67%).

Q2 2026 results → · Compare in the interactive Sankey →