GameStop (GME) Revenue — Quarter Ended Nov 2, 2024
Revenue grew sequentially but remained lower than a year earlier.
Key takeaway
Quarter ended Nov 2, 2024 · FY2024 Q3
Revenue grew sequentially but remained lower than a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$860.3M
Revenue reported for this quarter.
Quarter-over-quarter
+7.8%
Change from the immediately preceding quarter.
Year-over-year
-20.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 3, 2024 | $1.8B | -19.4% |
| May 4, 2024 | $881.8M | -28.7% |
| Aug 3, 2024 | $798.3M | -31.4% |
| Nov 2, 2024 | $860.3M | -20.2% |
Revenue performance
The reported revenue direction shows a sequential increase, reversing the prior period's decline.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. However, compared with the same quarter one year earlier, revenue declined.
What to watch
The ability to sustain the sequential revenue improvement while addressing the year-over-year decline is a key focus.