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GameStop's Proposed Acquisition of eBay

On May 3, 2026, GameStop formally proposed to purchase eBay for approximately $56 billion. On May 12, 2026, eBay formally rejected the proposal, calling it ‘neither credible nor attractive.’

“The more [eBay] fights me, the more . . . I’m not going to take no for an answer. I’m not going away. I’m a pain in the ass.”

GameStop CEO Ryan Cohen

May 8, 2026 comments with the Financial Times

GameStop Fiscal Year 2025 Earnings Results: The Turnaround Delivers

As of fiscal year 2025 results, GameStop has reported its highest net income in company history. Stockholders' equity is higher than it has ever been.

Showing strong full-year operational profits, it is clear: GameStop has turned itself around. GameStop is not a company that is struggling financially; it is stronger than ever and improving continuously.

Trading Cards

Starting in 2024, GameStop has been expanding in to the market of graded trading cards. In April 2026, GameStop publicly launched Power Packs — "an innovative digital experience from PSA and GameStop."

GameStop's collectibles segment has shown noticeable growth since 2024.

GameStop Investment Policy

As the legacy business has contracted, GameStop is evolving into a capital allocator with a growing focus on strategic investments.

GameStop has made significant changes to its Investment Policy, giving CEO Ryan Cohen discretion over investments.

GameStop Company Turnaround

Starting in 2021, GameStop began an unprecedented turnaround.

GameStop was losing hundreds of millions of dollars per year, and facing real risk of bankruptcy. As of fiscal year 2025 results, GameStop reported its most profitable year ever, and now has the highest stockholders' equity in company history.

The turnaround has been successful.

	Pre-turnaround FY 2020	Current Status FY 2025
Store Count	4,816	2,206
Revenue	$5.1B	$3.6B
Operating Income	-$237M	$232M
Interest Income	-$32M	$272M
Net Income	-$215M	$418M
Earnings Per Share	-$3.31	$0.93
Stockholders' Equity	$0.4B	$5.4B
Book Value Per Share	$6.72	$12.16

GME Timeline

Explore the history of GameStop and see noteworthy events in their relationship to the changes of GME stock

GME Earnings and Financial Information

View the status and history of GameStop revenue, net earnings, stockholders' equity, and more

As of fiscal year 2025 results, GameStop had revenue of $3.6 billion, and net income of $416 million — the most profitable year in the history of the company.

GME Ownership

Who owns GameStop?
See a breakdown of ownership of all GME shares

As a publicly traded company, GameStop is unusual because a significant portion of all issued shares are owned by registered shareholders.

GameStop Stores

GameStop has been reducing its total number of stores since 2016. While there are significantly fewer than before, the physical locations remain an important component of GameStop's business.

GME Social Media

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