GameStop Corporation (GME) financial statements (2022 and earlier)
Company profile
Business Address |
625 WESTPORT PARKWAY GRAPEVINE, TX 76051 |
State of Incorp. | DE |
Fiscal Year End | January 31 |
SIC | 5734 - Computer and Computer Software Stores (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,271 | 509 | 499 | 1,624 | 864 | 669 | 450 | ||
Cash and cash equivalents | 1,271 | 509 | 499 | 1,624 | 864 | 669 | 450 | ||
Restricted cash and investments | 33 | 110 | |||||||
Receivables | 141 | 105 | 142 | 134 | 183 | 221 | 177 | ||
Inventory, net of allowances, customer advances and progress billings | 915 | 603 | 860 | 1,251 | 1,367 | 1,122 | 1,163 | ||
Inventory | 915 | 603 | 860 | 1,251 | 1,367 | 1,122 | 1,163 | ||
Prepaid expense | 238 | 225 | 121 | 119 | 125 | 129 | 149 | ||
Disposal group, including discontinued operation | 12 | ||||||||
Total current assets: | 2,599 | 1,551 | 1,634 | 3,128 | 2,539 | 2,141 | 1,939 | ||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 587 | 662 | 767 | ✕ | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 164 | 201 | 276 | 321 | 433 | 471 | 485 | ||
Intangible assets, net (including goodwill) | (100) | (2,088) | (2,079) | 397 | 1,837 | 2,232 | 1,807 | ||
Goodwill | (1,975) | (1,975) | 364 | 1,667 | 1,725 | 1,477 | |||
Intangible assets, net (excluding goodwill) | (100) | (113) | (104) | 34 | 170 | 507 | 330 | ||
Restricted cash and investments | 15 | 17 | 14 | ||||||
Deferred income tax assets | 16 | ✕ | ✕ | ✕ | ✕ | ||||
Other noncurrent assets | 119 | 42 | 60 | 51 | 75 | 73 | 66 | ||
Deferred tax assets, net | ✕ | ✕ | ✕ | 147 | 158 | 59 | 39 | ||
Other undisclosed noncurrent assets | 100 | 2,088 | 2,148 | ||||||
Total noncurrent assets: | 901 | 921 | 1,186 | 917 | 2,503 | 2,835 | 2,396 | ||
TOTAL ASSETS: | 3,499 | 2,473 | 2,820 | 4,044 | 5,042 | 4,976 | 4,335 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,140 | 969 | 998 | 1,832 | 1,916 | 1,762 | 1,794 | ||
Accounts payable | 471 | 342 | 381 | 1,052 | 902 | 617 | 632 | ||
Accrued liabilities | 669 | 627 | 618 | 753 | 976 | 1,091 | 1,041 | ||
Taxes payable | 27 | 38 | 54 | 121 | |||||
Debt | 4 | 239 | 349 | 0 | |||||
Other undisclosed current liabilities | 211 | 374 | |||||||
Total current liabilities: | 1,355 | 1,343 | 1,238 | 2,181 | 1,916 | 1,762 | 1,794 | ||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 434 | 673 | 949 | 472 | 818 | 815 | 350 | ||
Long-term debt, excluding current maturities | 41 | 216 | 420 | 472 | 818 | 815 | 350 | ||
Operating lease, liability | 394 | 457 | 529 | ✕ | ✕ | ✕ | ✕ | ||
Liabilities, other than long-term debt | 108 | 21 | 21 | 55 | 94 | 145 | 110 | ||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | 0 | 5 | 23 | 30 | ||
Other liabilities | 108 | 21 | 21 | 55 | 89 | 122 | 80 | ||
Total noncurrent liabilities: | 542 | 693 | 971 | 527 | 912 | 960 | 460 | ||
Total liabilities: | 1,897 | 2,036 | 2,208 | 2,708 | 2,827 | 2,722 | 2,254 | ||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | 1,603 | 437 | 612 | 1,336 | 2,215 | 2,254 | 2,081 | ||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Additional paid in capital | 1,578 | 11 | 28 | 22 | |||||
Accumulated other comprehensive income (loss) | (69) | (49) | (79) | (54) | 12 | (47) | (89) | ||
Retained earnings | 94 | 475 | 690 | 1,363 | 2,180 | 2,301 | 2,170 | ||
Total stockholders' equity: | 1,603 | 437 | 612 | 1,336 | 2,215 | 2,254 | 2,081 | ||
TOTAL LIABILITIES AND EQUITY: | 3,499 | 2,473 | 2,820 | 4,044 | 5,042 | 4,976 | 4,335 |
Income statement (P&L) ($ in millions)
1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 6,011 | 5,090 | 6,466 | 8,285 | 9,225 | 8,608 | 9,364 | |
Revenue, net | ✕ | ✕ | ✕ | 8,285 | 9,225 | 8,608 | 9,364 | |
Cost of revenue | (4,663) | (3,830) | (4,557) | (5,977) | (6,185) | (5,599) | (6,446) | |
Cost of goods and services sold | (5,977) | (6,185) | (5,599) | (6,446) | ||||
Gross profit: | 1,348 | 1,260 | 1,909 | 2,308 | 3,040 | 3,009 | 2,918 | |
Operating expenses | (1,716) | (1,497) | (1,923) | (1,994) | (2,514) | (2,452) | (2,270) | |
Other undisclosed operating loss | (386) | (1,016) | (391) | |||||
Operating income (loss): | (369) | (238) | (400) | (702) | 136 | 558 | 648 | |
Nonoperating income (Investment Income, Nonoperating) | 2 | 11 | 6 | 2 | 1 | 0 | ||
Interest and debt expense | (27) | (34) | (39) | (57) | (57) | (54) | (23) | |
Income (loss) from continuing operations before income taxes: | (395) | (270) | (427) | (753) | 80 | 505 | 625 | |
Income tax expense (benefit) | 14 | 55 | (38) | (42) | (46) | (152) | (222) | |
Income (loss) before gain (loss) on sale of properties: | (381) | (215) | (464) | (795) | 35 | 353 | 403 | |
Other undisclosed net income (loss) | (7) | 122 | ||||||
Net income (loss): | (381) | (215) | (471) | (673) | 35 | 353 | 403 | |
Other undisclosed net loss attributable to parent | (1) | |||||||
Net income (loss) available to common stockholders, diluted: | (381) | (215) | (471) | (673) | 35 | 353 | 403 |
Comprehensive Income ($ in millions)
1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (381) | (215) | (471) | (673) | 35 | 353 | 403 | |
Comprehensive income (loss): | (381) | (215) | (471) | (673) | 35 | 353 | 403 | |
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (19) | 29 | (25) | (67) | 60 | 42 | (63) | |
Comprehensive income (loss), net of tax, attributable to parent: | (401) | (186) | (495) | (740) | 94 | 395 | 339 |
Statements sources
The financial statements are based on the company's filings with the 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.