Filing Flows › GameStop (GME) › Q1 FY27 › vs Q1 FY26
GameStop (GME) Q1 FY27 vs Q1 FY26 (year over year)
GameStop's revenue rose $103M (+14%) from $732M in Q1 FY26 to $835M in Q1 FY27. The biggest changes: Collectibles +$137M (+65%); Software −$22.9M (-13%); Hardware and accessories −$11.6M (-3%). Gross margin 40.7% against 34.5% (+6.2 pts).
GameStop, Q1 FY27: revenue $835M (+14% year over year), operating margin 17.2%, net earnings $390M, operating cash flow $337M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 40.7% | 34.5% | +6.2 pts |
| Operating margin | 17.2% | -1.5% | +18.6 pts |
| Net margin | 46.6% | 6.1% | +40.5 pts |
| Free cash flow margin | 39.9% | 25.9% | +14.0 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Collectibles | $349M | $212M | $137M | +65% |
| Hardware and accessories | $334M | $345M | −$11.6M | -3% |
| Software | $153M | $176M | −$22.9M | -13% |
| Revenue | $835M | $732M | $103M | +14% |
| Gross profit | $340M | $253M | $87.5M | +35% |
| Cost of revenue | $495M | $480M | $15.4M | +3% |
| Other income, net | $363M | $59.1M | $304M | +514% |
| Operating profit | $143M | −$10.8M | $154M | — |
| Operating expenses | $197M | $264M | −$66.6M | -25% |
| Pre-tax earnings | $506M | $48.3M | $458M | +948% |
| Net earnings | $390M | $44.8M | $345M | +770% |
| Income tax | $117M | $3.5M | $113M | 33× |
| Share-based compensation | $8.5M | $5.5M | $3.0M | +55% |
| Working capital & other | $60.7M | −$142M | $203M | — |
| Operating cash flow | $337M | $192M | $145M | +75% |
| Free cash flow (OCF − capex) | $333M | $190M | $143M | +76% |
| Capital expenditures | $4.5M | $2.9M | $1.6M | +55% |
Questions
How much did GameStop's revenue grow year over year in Q1 FY27?
GameStop's revenue rose $103M (+14%) from $732M in Q1 FY26 to $835M in Q1 FY27.
What drove GameStop's revenue change in Q1 FY27?
Collectibles +$137M (+65%); Software −$22.9M (-13%); Hardware and accessories −$11.6M (-3%).