GameStop Reports Q1 Profit Surge with Bitcoin Acquisition

GameStop ($GME) released its first-quarter 2025 financial results, showcasing a significant improvement in both profitability and operational efficiency. While net sales declined by 17% compared to the previous year, down to $732.4 million, the company’s operating loss dramatically shrunk. Significant reductions in selling, general, and administrative expenses resulted in a much lower operating loss of $10.8 million, a significant improvement from last year’s $50.6 million loss.