GameStop Corp. (GME)财务
NYSE · Consumer Cyclical · Specialty Retail · 员工4,000人 · CEO Ryan Cohen
- 股价
- $24.23 +0.96%
- 市值
- $122亿
- 企业价值
- $117亿
- 最近财报
- Q2 '26 2026-09-09提交
- 下次财报
- 2026-12-08 EPS预期 $0.37
营收(TTM)$35.5亿-7.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)13.8%+11.1 百分点 对比去年同期营业利润 $4.9亿
净利润(TTM)$8.93亿+146.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)$6.88亿+42.9% 对比去年同期资本支出 $1670万
稀释EPS(TTM)$1.54+111.0% 对比去年同期最近4个季度之和
净现金$7.27亿-83.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $122亿 EV $117亿
- 营收
- $35.5亿 过去12个月
- 营收增速
- +7% FY2027年一致预期
- 净利润率
- 25.2% 净利润 / 营收,TTM
- P/E
- 12.2× 预期 13.5×(FY2027)
- P/S
- 3.4× 股价 / 营收,TTM
- EV / EBITDA
- 10.9× TTM
- 自由现金流
- $6.88亿 过去12个月
- 净利润
- $8.93亿 过去12个月
- 营收预期
- $39亿 FY2027年一致预期
- 盈利
- 2026-12-08 营收预期 $8.11亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-09-08):营收超预期4.4%,EPS 符合预期营收$7.9亿,预期$7.57亿(+4.4%);EPS $0.27,预期$0.27(0.0%)。
- 营收增长放缓:同比-18.7%Q2 '26营收$7.9亿,此前四个季度的平均值为4.3%。
- 营业利润率13.8%(TTM),较去年同期+11.1 百分点营收增长-7.7%,营业利润增长380.1%。
- 税前利润的55.0%来自营业外收益税前利润$10.9亿,营业利润$4.9亿(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的0.5%(去年为0.4%)最近4个季度投入$1670万(同比+10.6%)。自由现金流$6.88亿,相当于净利润的77.0%。
- 稀释股数一年内增加8.4%Q2 '26稀释股数5.93亿,一年前为5.47亿。
- 净现金 $7.27亿现金 + 短期投资 $50.6亿,含租赁债务 $43.3亿;一年前净现金 $42.8亿。
- Australia Segment:营收-14.2%,利润率6.7%(此前为4.3%)Q2 '26增长最快的披露分部:营收$1.21亿,营业利润$810万(来自财报的分部附注)。
上一季度:Q2 '26
截至2026-08-01的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $7.9亿 | $9.72亿 | -18.7% |
| 毛利率 | 43.7% | 29.1% | +14.5 百分点 |
| 营业利润 | $1.6亿 | $6640万 | +141.3% |
| 营业利润率 | 20.3% | 6.8% | +13.4 百分点 |
| 净利润 | $2.99亿 | $1.69亿 | +77.2% |
| 稀释EPS | $0.51 | $0.31 | +64.5% |
| 经营现金流 | $6240万 | $1.17亿 | -46.8% |
| 资本支出 | $170万 | $410万 | -58.5% |
| 自由现金流 | $6070万 | $1.13亿 | -46.4% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $730万 | $630万 | +15.9% |
实际 vs 一致预期
2026-09-08| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $7.9亿 | $7.57亿 | +4.4% |
| EPS(一致预期口径) | $0.27 | $0.27 | 0.0% |
来自2026-09-08发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| New Video Game Hardware | – | – | – | – | – | |
| Software | – | – | – | – | – | |
| Collectibles | $3.56亿 | +56.5% | 100.0% | $13.3亿 | +50.6% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Video Game Brands - United States | $6.08亿 | -16.1% | 77.0% | $26.6亿 | -0.4% | |
| Video Game Brands - Europe | $6110万 | -42.7% | 7.7% | $3.94亿 | -28.4% | |
| Video Game Brands - Australia | $1.21亿 | -14.2% | 15.3% | $4.92亿 | +7.0% | |
| Video Game Brands - Canada | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q2 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| United States Segment | $6.08亿 | -16.1% | $1.53亿 | +140.5% | 25.2% | 8.8% | $4.84亿 |
| Australia Segment | $1.21亿 | -14.2% | $810万 | +35.0% | 6.7% | 4.3% | $1210万 |
| Europe Segment | $6110万 | -42.7% | -$110万 | +66.7% | -1.8% | -3.1% | -$1580万 |
| Canada Segment | – | – | – | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $7.05亿
- 资本支出
- -$1670万
- 股票回购
- $0
- 股息
- $0
- 收购
- $300万
- 债务净发行
- -$730万
- 股权激励费用
- $2300万
- 自由现金流
- $6.88亿
- 股东回报 / FCF
- -0.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 12.2× | 251.3× 5年中的3年 | 25.7× – 646.8× |
| EV / EBITDA | 10.9× | 150.9× 5年中的3年 | 21.7× – 279.2× |
| EV / 营收 | 3.3× | 1.4× | 0.8× – 2.4× |
| 股价 / FCF | 17.8× | 75.6× 5年中的3年 | 17.9× – 127.2× |
| 股价 / 净资产 | 1.8× | 3.5× | 2.0× – 5.0× |
| FCF收益率 | 5.6% | -0.8% | -6.3% – 5.6% |
| 投入资本回报率 | 3.8% | -5.9% | -15.7% – 2.9% |
| 净资产收益率 | 15.7% | -7.3% | -23.8% – 7.7% |
分析师
一致目标价 $18.25 (-24.7%)
区间 $11.50 – $25.00 · 评级 Hold
强烈买入0
买入6
持有20
卖出10
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $39亿 | +7.5% | $1.80 | +133.8% | 13.5× | 1 |
| FY2028 | $43.3亿 | +11.0% | $1.86 | +3.3% | 13.0× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
GameStop Corp.在近期10-Q / 10-K文件中标记的全部244项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $7万 | – | – | – | – | – | |
| $1200万 | – | – | – | – | – | |
| $170万 | $410万 | -58.5% | – | – | – | |
| $49.5亿 | $0 | – | – | – | – | |
| $20亿 | – | – | – | – | – | |
| Accounts Payable, Current | $2.15亿 | $2.93亿 | -26.6% | $1.47亿2026-01-31 | $1.49亿 | -1.0% |
| Accounts Receivable, Allowance for Credit Loss, Current | $380万 | $90万 | +322.2% | $420万2026-01-31 | $470万 | -10.6% |
| Accrual for Taxes Other than Income Taxes, Current | $1840万2026-01-31 | $2520万 | -27.0% | $1840万2026-01-31 | $2520万 | -27.0% |
| Accrued Liabilities, Current | $3.85亿 | $2.84亿 | +35.7% | $2.84亿2026-01-31 | $3.62亿 | -21.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $4.87亿 | $5.67亿 | -14.1% | $4.88亿2026-01-31 | $6.84亿 | -28.6% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$7280万 | -$7260万 | -0.3% | -$6570万2026-01-31 | -$9400万 | +30.1% |
| Additional Paid in Capital, Common Stock | $53.2亿 | $51.2亿 | +4.0% | $53亿2026-01-31 | $51.1亿 | +3.9% |
| Adjustments to Additional Paid in Capital, Warrant Issued | -$1.33亿2026-01-31 | – | – | $4120万2026-01-31 | – | – |
| Advertising Expense | – | – | – | $1380万2026-01-31 | $1860万 | -25.8% |
| Amortization of Intangible Assets | – | – | – | $10万2026-01-31 | $50万 | -80.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $730万 | $630万 | +15.9% | $2670万2026-01-31 | $1640万 | +62.8% |
| Asset Impairment Charges | -$230万 | -$210万 | -9.5% | $5380万2026-01-31 | $970万 | +454.6% |
| Assets | $111亿 | $103亿 | +7.8% | $104亿2026-01-31 | $58.8亿 | +76.8% |
| Assets, Current | $59.3亿 | $94.4亿 | -37.2% | $100亿2026-01-31 | $53.6亿 | +87.0% |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $10万2026-01-31 | $20万 | -50.0% |
| Cash and Cash Equivalents, at Carrying Value | $48.5亿 | $86.9亿 | -44.2% | $63亿2026-01-31 | $47.6亿 | +32.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $48.7亿 | $87.3亿 | -44.3% | $63.3亿2026-01-31 | $47.9亿 | +32.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$25.4亿 | $23.1亿 | -210.1% | $15.4亿2026-01-31 | $38.5亿 | -60.1% |
| CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations | $0 | $4030万 | -100.0% | -$2250万2026-01-31 | $0 | – |
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 5920万2025-10-07 | – | – | 5920万2025-10-07 | – | – |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.002026-01-31 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 25亿 | 25亿 | 0.0% | 10亿2026-01-31 | 10亿 | 0.0% |
| Common Stock, Shares, Issued | 4.49亿 | 4.48亿 | +0.3% | 4.48亿2026-01-31 | 4.47亿 | +0.3% |
| Common Stock, Shares, Outstanding | 4.49亿 | 4.48亿 | +0.3% | 4.48亿2026-01-31 | 4.47亿 | +0.3% |
| Common Stock, Value, Issued | $20万 | $20万 | 0.0% | $20万2026-01-31 | $20万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2.92亿 | $1.83亿 | +59.8% | $4.47亿2026-01-31 | $1.21亿 | +269.5% |
| Contract with Customer, Liability | $2.45亿 | $2.03亿 | +20.5% | $1.95亿2026-01-31 | $2.29亿 | -14.9% |
| Convertible Debt | $41.6亿2026-01-31 | $0 | – | $41.6亿2026-01-31 | $0 | – |
| Cost of Revenue | $4.45亿 | $6.89亿 | -35.4% | $24.3亿2026-01-31 | $27.1亿 | -10.2% |
| CryptoAssetAddition | – | – | – | $5亿2026-01-31 | – | – |
| CryptoAssetCost | $20万2026-01-31 | – | – | $20万2026-01-31 | – | – |
| CryptoAssetDisposition | – | – | – | $4.28亿2026-01-31 | – | – |
| CryptoAssetFairValue | $10万2026-01-31 | $0 | – | $10万2026-01-31 | $0 | – |
| CryptoAssetFairValueNoncurrent | $0 | $5.29亿 | -100.0% | – | – | – |
| CryptoAssetNumberOfUnits | 2,000 bitcoin | 4,710 bitcoin | -57.5% | 1 bitcoin2026-01-31 | – | – |
| CryptoAssetNumberOfUnits | 4,710 bitcoinUnit2025-08-02 | – | – | – | – | – |
| CryptoAssetRealizedAndUnrealizedGainLossNonoperating | -$7500万 | $2860万 | -362.2% | -$1.32亿2026-01-31 | $0 | – |
| CryptoAssetRealizedLossNonoperating | – | – | – | $7180万2026-01-31 | – | – |
| CryptoAssetUnrealizedGainLossNonoperating | -$7500万 | $2860万 | -362.2% | -$10万2026-01-31 | – | – |
| CryptoAssetUnrealizedGainNonoperating | $2860万2025-08-02 | – | – | $230万2026-01-31 | – | – |
| Current Federal Tax Expense (Benefit) | – | – | – | $2220万2026-01-31 | $190万 | +1,068.4% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $80万2026-01-31 | $220万 | -63.6% |
| Current Income Tax Expense (Benefit) | – | – | – | $3230万2026-01-31 | $770万 | +319.5% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $930万2026-01-31 | $360万 | +158.3% |
| Debt Instrument, Convertible, Conversion Price | $32.002025-10-07 | – | – | $32.002025-10-07 | – | – |
| Debt Securities, Available-for-sale | $54.5亿 | $5.52亿 | +887.0% | $30.8亿2026-01-31 | $1810万 | +16,903.3% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $7210万 | $2860万 | +152.1% | $40万2026-01-31 | $0 | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1.35亿 | $0 | – | $5980万2026-01-31 | $0 | – |
| Debt Securities, Available-for-sale, Amortized Cost | $55.1亿 | $5.23亿 | +952.9% | $31.4亿2026-01-31 | $1810万 | +17,231.5% |
| Deferred Credits and Other Liabilities, Current | $2.45亿 | $2.03亿 | +20.5% | $1.95亿2026-01-31 | $2.29亿 | -14.9% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$4840万2026-01-31 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $340万2026-01-31 | -$180万 | +288.9% |
| Deferred Income Tax Assets, Net | $1690万 | $1880万 | -10.1% | $8680万2026-01-31 | $1810万 | +379.6% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$6670万2026-01-31 | -$180万 | -3,605.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$2170万2026-01-31 | $0 | – |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-08-01, 10-Q 2026-05-02, 10-K 2026-01-31, 10-Q 2025-11-01, 10-Q 2025-08-02, 10-Q 2025-05-03, 10-K 2025-02-01, 10-Q 2024-11-02, 10-Q 2024-08-03
数据截至 2026-11-02