TLDR
- GameStop reports Q4 2025 results before market open on March 24, 2026
- Analysts forecast EPS of $0.37 (up from $0.30 a year ago) and revenue of $1.47 billion (+15% YoY)
- GME is up ~14% year-to-date, trading around $23.27 with a 52-week range of $19.93–$35.81
- GameStop holds $8.8 billion in cash and Bitcoin worth ~$519 million on its balance sheet
- Insiders net bought 517,000 shares in the last 90 days; average analyst rating remains “Reduce” with a $13.50 target
GameStop is heading into its Q4 2025 earnings report on a run. The stock is up roughly 14% year-to-date, fueled by renewed retail investor enthusiasm and optimism around CEO Ryan Cohen’s strategy.
The results drop before the market opens on Tuesday, March 24, with an earnings call at 4:00 PM ET.
Wall Street is looking for EPS of $0.37, up from $0.30 in the same quarter last year. Revenue is expected to hit $1.47 billion, a 15% jump year-over-year, according to TipRanks data.
That would be a meaningful step up from Q3, where GameStop posted adjusted EPS of $0.24 — beating the $0.18 estimate — but revenue fell 4.6% year-over-year to $821 million. The top-line miss reflected ongoing pressure from the industry’s continued shift to digital.
The stock currently trades around $23.27, with a 52-week range of $19.93 to $35.81. Its 50-day moving average sits at $23.34 and its 200-day at $23.11. Market cap is $10.43 billion, with a P/E ratio of 28.38 and a beta of 2.12.
What the Market Is Watching
Three things are front and center for investors heading into Tuesday. First, updates on GameStop’s Bitcoin treasury strategy — how much has been acquired and what it means for the company’s valuation. Second, whether the company can return to actual revenue growth after the recent top-line declines. Third, any clarity from Cohen on capital allocation, including whether an acquisition is on the table.
GameStop’s balance sheet is hard to ignore. The company ended Q3 with $8.8 billion in cash and marketable securities, nearly double the $4.6 billion it held a year earlier. It also carried Bitcoin worth around $519 million — a deliberate part of its treasury approach.
The quick ratio stands at 9.77 and the current ratio at 10.39, reflecting a company that is, at least financially, in solid shape despite the top-line pressure.
Analyst and Insider Signals Are Mixed
On the analyst side, the picture is cautious. Weiss Ratings upgraded GME from “sell (D+)” to “hold (C-)” in February. But the average rating on MarketBeat remains “Reduce,” with a price target of $13.50 — well below current trading levels.
Insider activity tells a different story. Over the past 90 days, insiders net bought 517,000 shares worth roughly $10.9 million. Director Lawrence Cheng picked up 5,000 shares at $22.87 in January. General Counsel Mark Robinson did sell 12,200 shares at $21.00 in the same period, a 10.4% reduction in his position.
Institutional ownership sits at 29.21% of the float. Several funds — including Panagora Asset Management and UMB Bank — added modestly to their positions in Q3 and Q4.
GME closed Q4 2025 with its Bitcoin holdings at approximately $519 million, and the market will be watching closely on March 24 to see if the numbers can back up the year-to-date rally.







