The Internet's Trade

When Reddit took on Wall Street - and won

$33B
Peak market cap
vs
$5B
Annual revenue

At peak, GameStop traded at 6x revenue -for a shrinking retailer. The stock became a meme, detached from the business.

GMENYSE
GameStop Corp.

Video game retailer turned meme stock icon

$20.92
+1137.9% since 2002
Revenue (TTM)
How much money came in the door over the past year. Think of it as total sales before paying any bills.
$4.3B
-24.2%
Net Income (TTM)
What's left after paying everyone—employees, suppliers, taxes, everything. This is the actual profit.
$112.8M
-5740.0%
Gross Margin
For every dollar of sales, how much is left after making the product? Higher is better—more room for profit.
29.0%
EPS (TTM)
If you owned one share, this is your slice of the profit. Bigger number = more earnings for each share you hold.
$1.34
-13500.0%

Financial Performance

The business itself is shrinking — revenue down 30%+ since 2019. But the stock decoupled from fundamentals. Now a cultural artifact and retail trader icon.

Revenue

Money coming in the door each quarter—total sales before paying any bills.
$860.0M
-44.5%

Net Income

What's left after paying everyone. This is the real profit the company keeps.
$17.4M
-355.9%

Earnings Per Share

Your slice of the profit for each share you own. Bigger = better.
$0.21
-400.0%

Margins

How much profit is made on each dollar of sales. Higher margins = more efficient business.

Profitability over time

Gross
29.0%
Operating
2.8%

What Drives GameStop Corp.

Revenue breakdown by product segment

Product Revenue Mix

Annual revenue by segment

Hardware$2B
Collectibles$1B
Software$600M
Pre-owned$500M

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About GameStop Corp.

GameStop is a video game retailer that became the center of the 2021 meme stock phenomenon. When retail traders on Reddit's WallStreetBets coordinated to squeeze heavily-shorted shares, GME rose from $4 to $483 in weeks.

Consumer CyclicalSpecialty Retail

Data Sources

Price Data: Yahoo FinanceFinancials: GameStop Corp. SEC FilingsSegments: Company 10-K