GameStop Corp (GME)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,113,900 | 1,169,700 | 1,331,700 | 1,364,700 | 1,402,000 | 1,288,700 | 1,175,400 | 1,180,900 | 1,186,400 | 1,380,300 | 1,574,200 | 1,578,500 | 1,582,800 | 1,365,200 | 1,147,600 | 1,154,500 | 1,241,100 | 1,337,100 | 1,373,500 | 1,393,600 |
| Revenue (ttm) | US$ in thousands | 3,823,000 | 4,334,000 | 5,267,300 | 5,547,300 | 5,743,800 | 5,114,000 | 4,484,200 | 4,643,000 | 4,801,800 | 5,864,400 | 6,927,000 | 6,876,300 | 6,825,600 | 5,735,200 | 4,644,800 | 4,836,800 | 5,904,300 | 7,022,200 | 7,182,800 | 7,101,000 |
| Gross profit margin | 29.14% | 26.99% | 25.28% | 24.60% | 24.41% | 25.20% | 26.21% | 25.43% | 24.71% | 23.54% | 22.73% | 22.96% | 23.19% | 23.80% | 24.71% | 23.87% | 21.02% | 19.04% | 19.12% | 19.63% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,113,900K ÷ $3,823,000K
= 29.14%
GameStop Corp's gross profit margin has demonstrated fluctuations over the given periods. The margin started at 19.63% on January 31, 2022, and slightly decreased to 19.12% by April 30, 2022. Throughout the following quarters, there was a further decline in the margin, reaching a low of 19.04% on July 30, 2022. However, there was a notable improvement by the end of October 2022, with the gross profit margin rising to 24.71%.
The upward trend continued into the first quarter of 2023, with the margin peaking at 26.21% on October 31, 2023. Subsequently, there was a slight decline in the margin, dropping to 24.41% by February 3, 2024. However, the margin rebounded to 26.99% by the end of October 2024, demonstrating a strong recovery.
Overall, GameStop's gross profit margin has shown variability but generally trended upwards, with significant improvements observed in the latter periods. This indicates enhanced efficiency in managing production costs and generating profits from sales.