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GameStop Posts Record Q2 Operating Income as Collectibles Sales Rise 57%

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GameStop reported its highest-ever second-quarter operating income, reaching $160.2 million versus $66.4 million a year earlier, and more than doubled adjusted EBITDA to $174 million. Collectibles sales surged 57% to $356.3 million, making up 45.1% of quarterly sales. The company raised its fiscal 2026 adjusted EBITDA outlook, while net sales fell due to the Nintendo Switch 2 launch comparison, planned store closures, and divestiture of France operations.

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