GameStop reported second-quarter 2026 sales of US$790.2 million and net income of US$298.7 million, alongside record Q2 operating income and sharply higher adjusted operating earnings. The company's collectibles business surged 57% and has grown to represent 45.1% of net sales, while adjusted EBITDA more than doubled, even as overall revenue fell year on year. CEO Ryan Cohen recently bought 1,000,000 shares on the open market using personal funds, and the company has paused buybacks under its new program. Five Simply Wall St Community fair value views on the stock span roughly US$30 to over US$400 per share, reflecting wide disagreement on how durable the collectibles growth and investment gains will prove.
GameStop Corp.GameStop posted record Q2 operating income, net income of $298.7M, and adjusted EBITDA more than doubled.
