v3.26.1
Segment Information
 6 Months Ended
Aug. 01, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Effective July 8, 2026, we operate our business in two geographic segments: United States and Australia. During the second quarter of fiscal 2026, we divested our operations in France, which represented our remaining operating entity in Europe, and previously comprised a third separate reporting segment. 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 fiscal 2025.
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 fiscal 2025.
Current year segment results for Europe include retail and ecommerce operations previously conducted in France, which were divested during the second quarter of fiscal 2026. Segment results for Europe also previously included retail operations in Italy, Germany, Austria, Ireland and Switzerland, all of which were closed or divested prior to fiscal 2025.

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), Gain on derivative asset, net, Loss (gain) on digital assets and related receivables, Unrealized gain on equity investment, and Other income, 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 and six months ended August 1, 2026 and August 2, 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 August 1, 2026
Net sales$608.2 $120.9 $61.1 $790.2 
Cost of sales325.1 76.8 43.3 445.2 
    Gross profit283.1 44.1 17.8 345.0 
Selling, general and administrative expenses:129.9 35.9 21.3 187.1 
    Store related
104.2 28.3 17.4 149.9 
    Other
25.7 7.6 3.9 37.2 
Asset impairments
— 0.1 (2.4)(2.3)
Operating income (loss)153.2 8.1 (1.1)160.2 
Interest income, net
(77.1)
Gain on derivative asset, net(166.3)
Loss on digital assets and related receivables75.0 
Unrealized gain on equity investment(72.1)
Other income, net
(19.5)
Income before income taxes420.2 
Income tax expense121.5 
Net income298.7 
Property and equipment, net34.1 16.0 — 50.1 
Capital expenditures$— $1.7 $— $1.7 

United
States		AustraliaEuropeTotal
As of and for the three months ended August 2, 2025
   Net sales$724.6 $140.9 $106.7 $972.2 
Cost of sales509.3 99.1 80.7 689.1 
      Gross profit215.3 41.8 26.0 283.1 
Selling, general and administrative expenses:151.6 35.8 31.4 218.8 
      Store related129.2 28.6 26.8 184.6 
   Other22.4 7.2 4.6 34.2 
Asset impairments— — (2.1)(2.1)
Operating income (loss)63.7 6.0 (3.3)66.4 
Interest income, net
(79.6)
Unrealized gain on digital assets(28.6)
Income before income taxes174.6 
Income tax expense
6.0 
Net income
168.6 
Property and equipment, net (1)
35.8 16.5 — 52.3 
Capital expenditures$2.6 $1.5 $— $4.1 
(1) Property and equipment, net for France (Europe) is classified as Assets held for sale on our condensed consolidated balance sheets.
United
States		AustraliaEuropeTotal
As of and for the six months ended August 1, 2026
Net sales$1,259.3 $220.5 $145.7 $1,625.5 
Cost of sales693.9 142.1 104.2 940.2 
    Gross profit565.4 78.4 41.5 685.3 
Selling, general and administrative expenses:267.6 69.9 51.2 388.7 
    Store related216.4 55.1 43.7 315.2 
    Other51.2 14.8 7.5 73.5 
Asset impairments
— 0.4 (7.3)(6.9)
Operating income (loss)297.8 8.1 (2.4)303.5 
Interest income, net
(160.8)
Gain on derivative asset, net(434.7)
Loss on digital assets and related receivables73.9 
Unrealized gain on equity investment(72.1)
Other income, net(29.4)
Income before income taxes926.6 
Income tax expense238.3 
Net income688.3 
Property and equipment, net34.1 16.0 — 50.1 
Capital expenditures3.4 2.8 — 6.2 
United
States		CanadaAustraliaEuropeTotal
As of and for the six months ended August 2, 2025
Net sales$1,262.1 $38.2 $222.8 $181.5 $1,704.6 
Cost of sales852.9 28.2 154.1 133.5 1,168.7 
    Gross profit409.2 10.0 68.7 48.0 535.9 
Selling, general and administrative expenses:311.9 13.9 68.1 53.0 446.9 
    Store related
260.8 11.3 55.2 49.2 376.5 
    Other
51.1 2.6 12.9 3.8 70.4 
Asset impairments
— 18.3 — 15.1 33.4 
Operating income (loss)97.3 (22.2)0.6 (20.1)55.6 
Interest income, net
(136.5)
Unrealized gain on digital assets(28.6)
Other income, net(2.2)
Income before income taxes222.9 
Income tax expense9.5 
Net income213.4 
Property and equipment, net(1)
35.8 — 16.5 — 52.3 
Capital expenditures3.8 0.1 2.5 0.6 7.0 
(1) Property and equipment, net for France (Europe) is classified as Assets held for sale on our condensed consolidated balance sheets.