GameStop beats earnings estimates but misses revenue in Q4, showing strong cash growth and mixed segment results.

GameStop reported Q4 results with adjusted earnings per share of $0.49, beating the $0.37 estimate, but revenue fell short at $1.104 billion versus $1.467 billion expected. Net income slightly declined to $127.9 million year-over-year, though adjusted net income and operating income rose significantly. The company strengthened its balance sheet, increasing cash and equivalents to $9 billion from $4.8 billion, and disclosed Bitcoin assets worth $368.4 million. Segment sales were mixed, with collectibles up, but hardware and software sales down. For fiscal 2025, net sales dropped 5%, but net income and adjusted net income rose sharply, and operating income turned positive after a loss the previous year.