v3.25.3
Segment Information
 9 Months Ended
Nov. 01, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Effective May 4, 2025, 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 include retail and ecommerce operations we previously had in Canada. Segment results for Australia include retail and ecommerce operations in Australia and New Zealand. Current year segment results for Europe include retail and ecommerce operations in France. Our 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) from operations before net interest (income) expense and income taxes.
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 nine months ended November 1, 2025 and November 2, 2024. 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		CanadaAustraliaEuropeTotal
As of and for the three months ended November 1, 2025
Net sales$617.0 $— $110.2 $93.8 $821.0 
Cost of sales406.8 — 74.0 66.8 547.6 
    Gross Profit
210.2 — 36.2 27.0 273.4 
Selling, general and administrative expenses:154.2 — 37.0 30.2 221.4 
    Store related
129.2 — 30.1 27.5 186.8 
    Other
25.0 — 6.9 2.7 34.6 
Asset impairments
— — 2.7 8.0 10.7 
Operating income (loss)56.0 — (3.5)(11.2)41.3 
Interest income, net
(49.0)
Unrealized loss on digital assets9.2 
Other income, net
(3.0)
Income before income taxes84.1 
Income tax expense7.0 
Net income77.1 
Property and equipment, net(1)
34.9 — 16.3 — 51.2 
Capital expenditures2.6 — 1.7 — 4.3 
(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 November 2, 2024
Net sales$551.7 $46.3 $89.4 $172.9 $860.3 
Cost of sales382.0 34.3 60.9 125.9 603.1 
    Gross Profit169.7 12.0 28.5 47.0 257.2 
Selling, general and administrative expenses:185.1 15.1 34.0 47.8 282.0 
    Store related163.3 11.7 27.8 43.9 246.7 
    Other21.8 3.4 6.2 3.9 35.3 
Asset impairments— — — 8.6 8.6 
Operating loss(15.4)(3.1)(5.5)(9.4)(33.4)
Interest income, net
(54.2)
Income before income taxes20.8 
Income tax expense
3.4 
Net income
17.4 
Property and equipment, net39.0 1.8 17.9 11.8 70.5 
Capital expenditures2.6 0.1 1.1 0.8 4.6 

United
States		CanadaAustraliaEuropeTotal
As of and for the nine months ended November 1, 2025
Net sales$1,879.1 $38.2 $333.0 $275.3 $2,525.6 
Cost of sales1,259.7 28.2 228.1 200.3 1,716.3 
    Gross Profit
619.4 10.0 104.9 75.0 809.3 
Selling, general and administrative expenses:466.1 13.9 105.1 83.2 668.3 
    Store related
390.0 11.3 85.3 76.7 563.3 
    Other
76.1 2.6 19.8 6.5 105.0 
Asset impairments
— 18.3 2.7 23.1 44.1 
Operating income (loss)153.3 (22.2)(2.9)(31.3)96.9 
Interest income, net
(185.5)
Unrealized gain on digital assets
(19.4)
Other income, net
(5.2)
Income before income taxes307.0 
Income tax expense16.5 
Net income290.5 
Property and equipment, net(1)
34.9 — 16.3 — 51.2 
Capital expenditures6.4 0.1 4.2 0.6 11.3 
(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 nine months ended November 2, 2024
Net sales$1,714.6 $126.6 $256.7 $442.5 $2,540.4 
Cost of sales1,202.0 93.4 173.8 320.7 1,789.9 
    Gross Profit
512.6 33.2 82.9 121.8 750.5 
Selling, general and administrative expenses:554.8 44.9 102.4 145.8 847.9 
    Store related
484.2 35.2 84.2 131.9 735.5 
    Other
70.6 9.7 18.2 13.9 112.4 
Asset impairment— — — 8.6 8.6 
Operating loss
(42.2)(11.7)(19.5)(32.6)(106.0)
Interest income, net
(108.6)
   Loss before income taxes
2.6 
Income tax expense2.6 
Net loss
— 
Property and equipment, net
39.0 1.8 17.9 11.8 70.5 
Capital expenditures6.8 1.0 3.0 1.8 12.6