GameStop Corp. reported a significant increase in net sales for its second quarter ended August 2, 2025, reaching $972.2 million, a rise of nearly 22% compared to $798.3 million in the prior-year quarter. The company achieved a net income of $168.6 million, or $0.31 diluted earnings per share, a substantial improvement from $14.8 million, or $0.04 diluted earnings per share, in the same period last year.
Operating income for the quarter was $66.4 million, marking a significant turnaround from an operating loss of $22.0 million in the second quarter of 2024. The company's balance sheet also reflected its strategic pivot, with digital assets, primarily Bitcoin holdings, valued at $528.6 million.
These results demonstrate strong operational performance and the positive impact of strategic shifts, including growth in certain product categories and the new Bitcoin treasury strategy. The substantial increase in profitability and revenue indicates significant progress in the company's transformation efforts.
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