GameStop Announces Preliminary Q2 2026 Financial Report, Net Profit Surges Year-Over-Year

According to an official GameStop announcement, GameStop (NYSE: GME) has released its preliminary second-quarter financial data for the period ending August 1, 2026: • Net sales: $780 million to $800 million (down year-over-year, compared to $972 million in the same period last year), primarily impacted by the base effect of the Nintendo Switch 2 launch, store closures, and the divestiture of the French business; • Operating profit: $150 million to $170 million ($66.4 million in the same period last year, representing a significant year-over-year increase); • Net income: $290 million to $310 million ($169 million in the same period last year), which includes approximately $238 million in net gains from eBay derivative assets and equity investments, partially offset by approximately $75 million in digital asset losses; • Cash and securities: $5.05 billion to $5.07 billion; • eBay holdings: Approximately 43.4 million shares of eBay common stock, with a fair value of approximately $4.947 billion.