v3.26.1
Segment Information
 3 Months Ended
May 02, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
We operate our business in three geographic segments: United States, Australia and Europe. During the second quarter of fiscal 2025, we divested our operations in Canada, which previously comprised a fourth separate reporting segment.
We identified segments based on a combination of geographic areas and management responsibility. Segment results for the United States include retail operations in 50 states; our ecommerce website www.gamestop.com; and our GameStop Pro® loyalty program. The United States segment also includes general and administrative expenses related to our corporate offices in Grapevine, Texas.
Segment results for Canada reflect retail and ecommerce operations previously conducted in Canada, which were divested during the second quarter of the prior fiscal year, and are not included in the current fiscal year.
Segment results for Australia include retail and ecommerce operations in Australia. These results also previously included operations in New Zealand, which were closed during the fourth quarter of the prior fiscal year.
Current year segment results for Europe include retail and ecommerce operations in France. Segment results for Europe also previously included retail operations in Italy, Germany, Austria, Ireland and Switzerland.
Our chief operating decision makers (“CODM”) are our Chief Executive Officer and our Principal Financial and Accounting Officer, who have responsibility for allocating resources and assessing performance for the operating segments. Our CODM measures segment profit using Operating income (loss), which is defined as Net income (loss) adjusted to exclude non‑operating items, including Interest income, net, Income tax expense (benefit), Loss (gain) on digital assets and related receivables, and Unrealized gain on derivative assets, net.
Transactions between our reportable segments consist primarily of royalties, management fees, intersegment loans and related interest. There were no material intersegment sales during the three months ended May 2, 2026 and May 3, 2025. Information on total assets by segment is not disclosed as such information is not used by our CODM to evaluate segment performance or to allocate resources and capital.
The following tables present segment information:
United
States		AustraliaEuropeTotal
As of and for the three months ended May 2, 2026
Net sales$651.1 $99.6 $84.6 $835.3 
Cost of sales368.8 65.3 60.9 495.0 
    Gross profit282.3 34.3 23.7 340.3 
Selling, general and administrative expenses:137.7 34.0 29.9 201.6 
    Store related
112.2 26.8 26.3 165.3 
    Other
25.5 7.2 3.6 36.3 
Asset impairments
— 0.3 (4.9)(4.6)
Operating income (loss)144.6 — (1.3)143.3 
Interest income, net
(83.7)
Unrealized gain on derivative asset, net(268.4)
Gain on digital assets and related receivables(1.1)
Other income, net
(9.9)
Income before income taxes506.4 
Income tax expense116.8 
Net income389.6 
Property and equipment, net(1)
35.8 16.1 — 51.9 
Capital expenditures$3.4 $1.1 $— $4.5 
(1) Property and equipment, net for France (Europe) is classified as Assets held for sale on our condensed consolidated balance sheets.
United
States		CanadaAustraliaEuropeTotal
As of and for the three months ended May 3, 2025
   Net sales$537.5 $38.2 $81.9 $74.8 $732.4 
Cost of sales343.6 28.2 55.0 52.8 479.6 
      Gross profit193.9 10.0 26.9 22.0 252.8 
Selling, general and administrative expenses:160.3 13.9 32.3 21.6 228.1 
      Store related131.6 11.3 26.6 22.4 191.9 
   Other28.7 2.6 5.7 (0.8)36.2 
Asset impairments— 18.3 — 17.2 35.5 
Operating income (loss)33.6 (22.2)(5.4)(16.8)(10.8)
Interest income, net
(56.9)
Other income, net(2.2)
Income before income taxes48.3 
Income tax expense
3.5 
Net income
44.8 
Property and equipment, net (1)
37.5 — 16.7 — 54.2 
Capital expenditures$1.2 $0.1 $1.0 $0.6 $2.9 
(1) Property and equipment, net for Canada and France (Europe) is classified as Assets held for sale on our condensed consolidated balance sheets.