GameStop stock gains as Q2 profit jumps and EBITDA outlook rises

GameStop stock (ISIN US36467W1099) traded at USD 22.77 on September 17, 2026, after a 3.6 percent rise, while second-quarter net income reached USD 298.7 million and revenue fell to USD 790.2 million. The company also raised its full-year adjusted EBITDA outlook to more than USD 650 million from more than USD 600 million, according to a September 18, 2026 report by Yahoo Finance.

Q2 brings the key figures

The same report said adjusted EBITDA rose to about USD 174 million from USD 75.7 million a year earlier, a gain of more than 129 percent, while revenue declined from USD 972.2 million in the prior-year quarter. That combination matters for investors because the margin mix improved even as the top line shrank.

Separately, finanzen.ch reported on September 17, 2026 that the latest quarter ended on July 31, 2026, with earnings per share of USD 0.51 versus USD 0.31 a year earlier and revenue down 18.72 percent to USD 790.2 million from USD 972.2 million. A separate finanzen.ch item said the shares were trading at USD 22.52 at 8:26 p.m. New York time on September 17, 2026, up 2.5 percent.

Margin view stays central

The operating picture also points to a stronger cash base, with TradingView citing second-quarter cash and related assets of USD 5.4 billion and record operating income of USD 160.2 million. The same item said collectibles sales jumped 57 percent and adjusted EBITDA more than doubled to USD 174 million.

USD 22 level in view

GameStop stock closed at USD 22.77 on September 17, 2026, after a 3.6 percent gain, with the USD 22 level now acting as a clear chart marker in the most recent session. For traders, the contrast between a falling revenue base and a higher EBITDA guide remains the main tension.

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