2026 $GME operating income prediction:
Q1: $143m ✅
Q2: $150m
Q3: $150m
Q4: $200m
Total ~$643m
A 177% YoY gain
I am being conservative. Q1 has always been their weakest quarter. Based on that retailer trend, Q2-Q4 could be respectably higher than stated above.
This does not include interest income or $EBAY derivatives gain.
Just my opinion based on fundamental data released by the company in quarterly earnings.
@Moonshot_69@GMEdiamondhand You are wrong. They grew revenue 14% despite closing 1k stores between last year and this year. Thats growth. Their collectibles revenue grew 65%YoY.
Operating income alone shows them as being undervalued, added eBay gains and interest income is just extra on top of it.
Doing a very quick look at Full Year 2026 Net Income projection for $GME, with Q1 Actual being at $389.6M and projecting the following for the rest of the year (taking out derivative gains beyond Q2):
Q2: $250-400M
Q3: $170-250M
Q4: $250-350M
That puts total Net income between $1.06-$1.39B for the full year. And I think I am leaning a bit conservative, given where we are in the new console cycle, GTA 6 in Q4 and PowerPacks just coming out of beta.
On the revenue side, Q1 Actual was $835.3M, and projecting the following for the rest of the year:
Q2: $850-950M
Q3: $850-950M
Q4: $1.3-1.5B
Which puts the Total Revenue between $3.83-4.23B for the full year. These are really rough back-of-the-napkin estimates and I am looking forward to the 10-Q being released today to get more detailed info on Q1.