Goldman Sachs reports that on March 25, GameStop Corp. (NYSE:GME, hereinafter referred to as “the Company”) announced its financial results for the fourth quarter and full year of fiscal year 2025, ending January 31, 2026. The company’s consolidated financial statements (including GAAP and non-GAAP metrics) are as follows:
- Net sales for the quarter were $1.104 billion, compared to $1.283 billion in the same period last year;
- Selling, general, and administrative expenses (SG&A) were $241.5 million, compared to $282.5 million in the same period last year;
- Operating income was $135.2 million, compared to $79.8 million in the same period last year;
- Adjusted operating income, excluding asset impairments and other items, was $147.7 million, compared to $84.4 million in the same period last year;
- Net income was $127.9 million, compared to $131.3 million in the same period last year;
- Adjusted net income, excluding asset impairments, digital asset and related receivables losses, and other items, was $291.4 million, compared to $136.4 million in the same period last year;
- As of the end of the quarter, cash, cash equivalents, and marketable securities totaled $9.0 billion, up from $4.8 billion at the end of the same period last year;
- As of the end of the quarter, Bitcoin and related receivables were valued at $368.4 million.
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