GameStop Q4 net sales fell to $1.283 billion; net income rose to $131.3 million
GameStop reported fourth-quarter fiscal 2024 results, with net sales of $1.283 billion, down from $1.794 billion a year earlier, while net income rose to $131.3 million from $63.1 million. The same day, the company said its board unanimously approved adding Bitcoin as a treasury reserve asset in its investment policy. Shareholders face lower sales alongside higher reported profit, plus a new policy that permits Bitcoin holdings.
Key points
- Q4 net sales were $1.283 billion versus $1.794 billion in the prior-year quarter
- Q4 net income was $131.3 million versus $63.1 million; adjusted EBITDA was $96.5 million versus $88.0 million
- Fiscal 2024 net sales were $3.823 billion versus $5.273 billion; net income was $131.3 million versus $6.7 million
- Board unanimously approved an investment policy update to add Bitcoin as a treasury reserve asset
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 25, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.