GameStop Corporation (GME) Financial Statements (2024 and earlier)
Company Profile
Business Address |
625 WESTPORT PARKWAY GRAPEVINE, TX 76051 |
State of Incorp. | DE |
Fiscal Year End | January 31 |
Industry (SIC) | 5734 - Computer and Computer Software Stores (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
7/31/2024 MRQ | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,199 | 1,391 | 1,271 | 509 | 499 | 1,624 | |||
Cash and cash equivalents | 922 | 1,139 | 1,271 | 509 | 499 | 1,624 | |||
Short-term investments | 278 | 252 | |||||||
Restricted cash and investments | 33 | 110 | |||||||
Receivables | 91 | 154 | 141 | 105 | 142 | 134 | |||
Inventory, net of allowances, customer advances and progress billings | 633 | 683 | 915 | 603 | 860 | 1,251 | |||
Inventory | 633 | 683 | 915 | 603 | 860 | 1,251 | |||
Prepaid expense | 51 | 96 | 238 | 225 | 121 | 119 | |||
Disposal group, including discontinued operation | 12 | ||||||||
Total current assets: | 1,974 | 2,324 | 2,599 | 1,551 | 1,634 | 3,128 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 556 | 561 | 587 | 662 | 767 | ✕ | |||
Property, plant and equipment | 95 | 137 | 164 | 201 | 276 | 321 | |||
Intangible assets, net (including goodwill) | (87) | (89) | (100) | (2,088) | (2,079) | 397 | |||
Goodwill | (1,975) | (1,975) | 364 | ||||||
Intangible assets, net (excluding goodwill) | (87) | (89) | (100) | (113) | (104) | 34 | |||
Restricted cash and investments | 14 | 16 | 15 | 17 | 14 | ||||
Deferred income tax assets | 17 | 18 | 16 | ✕ | |||||
Other noncurrent assets | 67 | 74 | 119 | 42 | 60 | 51 | |||
Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 147 | ||
Other undisclosed noncurrent assets | 74 | 74 | 100 | 2,088 | 2,148 | ||||
Total noncurrent assets: | 735 | 790 | 901 | 921 | 1,186 | 917 | |||
TOTAL ASSETS: | 2,709 | 3,113 | 3,499 | 2,473 | 2,820 | 4,044 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 736 | 1,134 | 1,140 | 969 | 998 | 1,832 | |||
Taxes payable | ✕ | ✕ | ✕ | 27 | |||||
Accounts payable | 324 | 531 | 471 | 342 | 381 | 1,052 | |||
Accrued liabilities | 412 | 602 | 669 | 627 | 618 | 753 | |||
Debt | 11 | 11 | 4 | 239 | 349 | ||||
Other undisclosed current liabilities | 188 | 195 | 211 | 374 | |||||
Total current liabilities: | 935 | 1,339 | 1,355 | 1,343 | 1,238 | 2,181 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 18 | 29 | 434 | 673 | 949 | 472 | |||
Long-term debt, excluding current maturities | 18 | 29 | 41 | 216 | 420 | 472 | |||
Liabilities, other than long-term debt | 418 | 423 | 108 | 21 | 21 | 55 | |||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
Other liabilities | 32 | 41 | 108 | 21 | 21 | 55 | |||
Operating lease, liability | 387 | 382 | 394 | 457 | 529 | ✕ | |||
Total noncurrent liabilities: | 436 | 452 | 542 | 693 | 971 | 527 | |||
Total liabilities: | 1,370 | 1,791 | 1,897 | 2,036 | 2,208 | 2,708 | |||
Equity | |||||||||
Equity, attributable to parent | 1,339 | 1,322 | 1,603 | 437 | 612 | 1,336 | |||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
Additional paid in capital | 1,635 | 1,614 | 1,578 | 11 | 28 | ||||
Accumulated other comprehensive loss | (84) | (72) | (69) | (49) | (79) | (54) | |||
Retained earnings (accumulated deficit) | (213) | (220) | 94 | 475 | 690 | 1,363 | |||
Total equity: | 1,339 | 1,322 | 1,603 | 437 | 612 | 1,336 | |||
TOTAL LIABILITIES AND EQUITY: | 2,709 | 3,113 | 3,499 | 2,473 | 2,820 | 4,044 |
Income Statement (P&L) ($ in millions)
7/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 5,273 | 5,927 | 6,011 | 5,090 | 6,466 | 8,285 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 8,285 | |
Cost of revenue | (3,979) | (4,555) | (4,663) | (3,830) | (4,557) | (5,977) | ||
Cost of goods and services sold | (5,977) | |||||||
Gross profit: | 1,294 | 1,372 | 1,348 | 1,260 | 1,909 | 2,308 | ||
Operating expenses | (1,329) | (1,684) | (1,716) | (1,497) | (1,923) | (1,994) | ||
Other undisclosed operating loss | (386) | (1,016) | ||||||
Operating loss: | (35) | (312) | (369) | (238) | (400) | (702) | ||
Nonoperating income (expense) | (2) | 2 | 11 | 6 | ||||
Investment income, nonoperating | 2 | 11 | 6 | |||||
Other nonoperating expense | (2) | |||||||
Interest and debt expense | (27) | (34) | (39) | (57) | ||||
Loss from continuing operations before equity method investments, income taxes: | (36) | (312) | (395) | (270) | (427) | (753) | ||
Other undisclosed income from continuing operations before income taxes | 50 | 10 | ||||||
Income (loss) from continuing operations before income taxes: | 13 | (302) | (395) | (270) | (427) | (753) | ||
Income tax expense (benefit) | (6) | (11) | 14 | 55 | (38) | (42) | ||
Income (loss) from continuing operations: | 7 | (313) | (381) | (215) | (464) | (795) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (381) | (215) | (464) | (795) | |
Other undisclosed net income (loss) | (7) | 122 | ||||||
Net income (loss): | 7 | (313) | (381) | (215) | (471) | (673) | ||
Other undisclosed net loss attributable to parent | (1) | |||||||
Net income (loss) available to common stockholders, diluted: | 7 | (313) | (381) | (215) | (471) | (673) |
Comprehensive Income ($ in millions)
7/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 7 | (313) | (381) | (215) | (471) | (673) | ||
Comprehensive income (loss): | 7 | (313) | (381) | (215) | (471) | (673) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (12) | (3) | (19) | 29 | (25) | (67) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (5) | (316) | (401) | (186) | (495) | (740) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.