Welcome to our dedicated page for GameStop news (Ticker: GME), a resource for investors and traders seeking the latest updates and insights on GameStop stock.
GameStop Corp. reports developments tied to its video game, collectibles and entertainment retail business, which sells hardware, accessories, new and pre-owned software, digital content, collectibles and pop-culture merchandise through stores and ecommerce platforms. Company updates commonly cover operating and financial results, expense trends, segment activity in the United States, Australia and Europe, and product initiatives aimed at gaming and collecting customers.
Recurring news also includes capital-structure and governance matters, shareholder voting topics, executive compensation actions and security-related distributions. Product and partnership announcements have included the Power Packs digital trading card platform, which connects digital pack purchases with PSA-graded trading cards held in the PSA Vault, as well as in-store and promotional collaborations linked to entertainment properties.
GameStop (GME) reported record second quarter 2026 operating income of $160.2 million for the 13 weeks ended August 1, 2026.
Net sales were $790.2 million, down from $972.2 million a year earlier, which the company links to the prior-year Nintendo Switch 2 launch, planned store closures, and the France divestiture. Collectibles net sales rose 57% year over year to $356.3 million and grew to 45.1% of net sales from 23.4%.
GAAP net income increased to $298.7 million from $168.6 million, while adjusted net income rose to $161.1 million from $138.3 million. Adjusted EBITDA more than doubled to $174.0 million from $75.7 million. Total cash, cash equivalents, marketable securities, digital assets and related receivables were $5.4 billion, and the company held about 43.4 million eBay shares valued at approximately $4.9 billion.
GameStop raised its fiscal 2026 Adjusted EBITDA outlook to over $650 million and recently retired about $1.4 billion of 0.00% convertible senior notes, reducing long-term debt to roughly $2.8 billion.
GameStop (NYSE: GME) amended its previously announced exchange agreements with certain holders of its 0.00% Convertible Senior Notes due 2030 and 2032, covering approximately $1.4 billion aggregate principal amount. The exchange was originally to be fully settled in stock based on a 35‑day volume‑weighted average price reference period beginning August 3, 2026.
Under the amendments, the remaining reference period is terminated. Consideration for the elapsed portion will be paid in shares, while the remaining consideration will be paid in approximately $358.4 million cash, fixing the total stock issuance at about 55.5 million shares. After closing, expected on or about September 3, 2026, roughly $2.8 billion of notes will remain outstanding, according to GameStop.
GameStop (NYSE: GME) released preliminary, unaudited results for the 13 weeks ended August 1, 2026, ahead of amendments to its convertible notes exchange. Net sales are expected at $780–$800 million, down from $972.2 million a year earlier, mainly due to the prior-year Nintendo Switch 2 launch, planned store closures, and the France divestiture.
Operating income is projected at $150–$170 million versus $66.4 million, and net income at $290–$310 million versus $168.6 million. Cash, cash equivalents and marketable securities are estimated at $5.050–$5.070 billion, down from $8.694 billion, after converting an eBay-related derivative into a direct equity stake. GameStop expects about $238 million net gains from its eBay positions and a $75 million loss on digital assets. As of August 1, 2026, it held 43.4 million eBay shares worth approximately $4.947 billion. Final Q2 results are expected on September 8, 2026.
GameStop (NYSE: GME) has entered into privately negotiated exchange agreements with certain holders of its 0.00% Convertible Senior Notes due 2030 and 2032. Approximately $1.4 billion of these notes ($400 million of 2030 Notes and $1.0 billion of 2032 Notes) will be exchanged for Class A common stock.
GameStop will receive no cash; the exchanged notes will be cancelled, reducing outstanding long-term debt by about $1.4 billion, leaving $1.1 billion of 2030 Notes and $1.7 billion of 2032 Notes outstanding. The exchange is expected to close around September 23, 2026, with the share count determined partly by the 35-day volume-weighted average price from August 3, 2026, subject to a price floor.
GameStop (NYSE:GME) and Uber Technologies (NYSE:UBER) announced a partnership making GameStop products available on the Uber Eats marketplace nationwide. Customers can order video games, consoles, accessories, collectibles and other electronics from GameStop locations for scheduled or on-demand delivery through the Uber Eats app.
According to the companies, GameStop joins thousands of non-restaurant storefronts on Uber Eats as the platform expands beyond meals. Orders are placed via the Retail or Electronics categories in the app, with real-time delivery tracking included.
GameStop (NYSE:GME) stockholders approved all proposals at the 2026 annual meeting, including amending the certificate of incorporation to increase authorized Class A common shares.
The amendment, supported by 68.7% of votes cast, gives capacity to issue stock for strategic transactions, including a proposed acquisition of eBay at $125 per share.
GameStop (NYSE:GME) issued fiscal year 2026 guidance, expecting adjusted EBITDA above $600 million for the year ending January 30, 2027, versus $345.4 million in fiscal 2025. Leadership remains focused on advancing a proposed acquisition of eBay. The company detailed its non-GAAP adjusted EBITDA definition and related limitations.
GameStop (NYSE:GME) announced that its board approved CEO Ryan Cohen’s request to withdraw a proposed CEO Performance Award from the 2026 proxy. Cohen stated he wants leadership focused on operating performance and the proposed eBay acquisition.
GameStop directly owns 4,343,725 eBay shares and holds put/call option pairs providing economic exposure to an additional 39,046,658 shares. The HSR antitrust condition was satisfied on June 3, 2026, allowing optional physical settlement. On May 3, 2026, GameStop made a non-binding proposal to acquire remaining eBay shares for $125 per share in cash and GameStop stock.
GameStop (NYSE:GME) reported first quarter 2026 results ended May 2, 2026. Net sales rose 14% year-over-year to $835.3 million, driven by collectibles. Net income reached a record $389.6 million, and operating income was $143.3 million, the highest first-quarter level.
Adjusted net income was $179.3 million. Liquidity totaled $9.7 billion, including $8.4 billion in cash, cash equivalents and marketable securities. On June 2, 2026, the board approved a new $2.0 billion share repurchase authorization through June 2, 2029, replacing the 2019 program.
GameStop (NYSE: GME) submitted a non-binding proposal to acquire eBay (NASDAQ: EBAY) for $125.00 per share, payable 50% cash / 50% GameStop stock. Aggregate undiluted equity value is ~$55.5 billion. GameStop holds a ~5% economic stake and will file a Schedule 13D and HSR notice.
GameStop plans ~$2.0 billion of annualized cost reductions within 12 months and projects eBay GAAP EPS rising from $4.26 to $7.79 in year one on cost saves. Funding cited: ~$9.4B cash/liquid investments and a TD Securities letter for up to $20B.