GameStop Corp (GME)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,113,900 | 1,294,200 | 1,238,900 | 1,372,100 | 1,372,100 |
| Revenue | US$ in thousands | 3,823,000 | 5,272,800 | 5,272,800 | 5,927,200 | 5,927,200 |
| Gross profit margin | 29.14% | 24.54% | 23.50% | 23.15% | 23.15% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,113,900K ÷ $3,823,000K
= 29.14%
The gross profit margin of GameStop Corp has shown a steady improvement over the years based on the provided data. As of January 28, 2023, and January 31, 2023, the gross profit margin remained consistent at 23.15%. Subsequently, there was a slight increase to 23.50% on January 31, 2024, followed by a more significant rise to 24.54% on February 3, 2024. The most notable increase occurred on January 31, 2025, with a gross profit margin reaching 29.14%, signaling an improvement in the company's ability to generate profit from its sales revenue. This upward trend indicates potential operational efficiencies and pricing strategies that have positively impacted GameStop's profitability.