GameStop Historical Income Statement
GME Stock | USD 29.05 1.84 5.96% |
Historical analysis of GameStop Corp income statement accounts such as Total Revenue of 6.4 B or Gross Profit of 1.8 B can show how well GameStop Corp performed in making a profits. Evaluating GameStop Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GameStop Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining GameStop Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether GameStop Corp is a good buy for the upcoming year.
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About GameStop Income Statement Analysis
GameStop Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to GameStop Corp shareholders. The income statement also shows GameStop investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
GameStop Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts GameStop Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of GameStop Corp minus its cost of goods sold. It is profit before GameStop Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GameStop Corp. It is also known as GameStop Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from GameStop Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of GameStop Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on GameStop Corp income statement and represents the costs associated with goods and services GameStop Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from GameStop Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into GameStop Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.At present, GameStop Corp's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.8 B, whereas Operating Income is projected to grow to (30.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 1.2B | 1.8B | Total Revenue | 6.0B | 5.9B | 5.3B | 6.4B |
GameStop Corp income statement Correlations
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GameStop Corp Account Relationship Matchups
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GameStop Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 96.2M | 80.8M | 77.2M | 61.7M | 56.2M | 110.5M | |
Interest Expense | 38.5M | 34M | 26.9M | 4.1M | 4.7M | 4.5M | |
Total Revenue | 6.5B | 5.1B | 6.0B | 5.9B | 5.3B | 6.4B | |
Gross Profit | 1.9B | 1.3B | 1.3B | 1.4B | 1.2B | 1.8B | |
Other Operating Expenses | 6.5B | 5.3B | 6.4B | 6.2B | 5.3B | 6.1B | |
Operating Income | (399.6M) | (254.7M) | (361.8M) | (308.9M) | (31.7M) | (30.1M) | |
Ebit | 371.6M | (295.4M) | (368.5M) | (302.1M) | (31.7M) | (30.1M) | |
Ebitda | 467.8M | (214.6M) | (291.3M) | (240.4M) | 24.5M | 23.3M | |
Cost Of Revenue | 4.6B | 3.8B | 4.7B | 4.6B | 4.0B | 4.6B | |
Total Operating Expenses | 1.9B | 1.5B | 1.7B | 1.7B | 1.3B | 1.5B | |
Income Before Tax | (426.8M) | (269.9M) | (395.4M) | (302.1M) | 13.1M | 12.4M | |
Total Other Income Expense Net | (385.6M) | (15.2M) | (33.6M) | 6.8M | 44.8M | 47.0M | |
Net Income | (470.9M) | (214.6M) | (381.3M) | (313.1M) | 6.7M | 6.4M | |
Income Tax Expense | 37.6M | (55.3M) | (14.1M) | 11M | 6.4M | 6.1M | |
Selling General Administrative | 1.9B | 1.5B | 1.7B | 1.7B | 1.3B | 1.4B | |
Net Income Applicable To Common Shares | (470.9M) | (215.3M) | (381.3M) | (313.1M) | (281.8M) | (267.7M) | |
Net Income From Continuing Ops | (464.4M) | (214.6M) | (381.3M) | (313.1M) | 6.7M | 12.1M | |
Non Operating Income Net Other | 1.5M | 5.7M | 11.3M | 1.9M | 2.2M | 1.5M | |
Non Recurring | 385.6M | 15.5M | 6.7M | 2.7M | 2.4M | 2.3M | |
Tax Provision | 37.6M | (55.3M) | (14.1M) | 11M | 6.4M | 6.1M | |
Interest Income | 11.3M | 1.9M | 9.1M | 9.5M | 8.6M | 11.5M | |
Discontinued Operations | (195.7M) | 121.8M | (6.5M) | (700K) | (630K) | (598.5K) | |
Net Interest Income | (27.2M) | (32.1M) | (26.9M) | 9.5M | 49.5M | 52.0M | |
Reconciled Depreciation | 96.2M | 80.7M | 77.2M | 61.7M | 56.2M | 74.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GameStop Corp. If investors know GameStop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.259 | Earnings Share 0.14 | Revenue Per Share 13.97 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0004 |
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.