Stock surge – GME closed at $26.42 on Sept. 26, 2025, up +4.55% that day; it’s continued higher (pre-market $26.97 on Sept. 29) amid recent rallies [1]. The stock is up roughly 13% over the past month[2], rallying on better-than-expected earnings and renewed retail interest.
Big earnings beat – In Q2 FY2025 (quarter ended Aug. 2), GameStop reported $972.2 M revenue (+22% YoY) and $168.6 M net income (vs. $14.8 M prior year), driven by 63% jump in collectibles sales and 31% hardware growth[3][4]. This “blowout” quarter restored profitability and sent GME sharply higher [5][6].
Strategic pivot – CEO Ryan Cohen has aggressively cut costs (SG&A fell ~19% YoY in Q2) and refocused on high-margin collectibles (trading…
