GameSquare Holdings, Inc. (GAME) Financial Statements
Industry: Amusement & Recreation Services (Services)
In fiscal 2025, GameSquare reported revenue of $45.0M, down 53.2% from $96.2M the year before. Net income was -$40.1M (a -89.1% net margin), or -$4.88 per diluted share. Gross margin was 43.4% and operating margin was -56.1%. Operating activities generated -$18.4M of cash, leaving -$18.5M of free cash flow. At fiscal year end, GameSquare held $79.3M in total assets against $43.6M in total liabilities.
Open the full interactive GameSquare financials → Quarterly statements, key ratios, valuation history and price charts.
GameSquare Key Stats
| Share Price | $2.93 |
|---|---|
| Market Cap | $34.8M |
| Revenue YoY Growth | -53.2% |
| 52-Week Range | $1.97 – $5.93 |
| Shares Outstanding | 11.9 million (basic, 2026 Q2) |
GameSquare Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $52.0M | $96.2M | $45.0M |
| Gross Profit | $13.4M | $15.3M | $19.5M |
| Operating Income | -$30.7M | -$46.2M | -$25.2M |
| Pre-Tax Income | -$31.6M | -$55.6M | -$30.0M |
| Income Tax | -$55,096 | -$6.8M | $63,721 |
| Net Income | -$31.3M | -$48.8M | -$40.1M |
| Diluted EPS | -$22.48 | -$14.00 | -$4.88 |
GameSquare Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $11.3M | — | $14.5M | $18.5M |
| Net Income | -$808,443 | -$31.1M | -$17.7M | -$10.6M |
| Diluted EPS | -$0.08 | -$0.47 | -$1.44 | -$0.88 |
GameSquare Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Current Assets | $22.2M | $36.5M | $22.2M |
| Total Assets | $64.7M | $78.7M | $79.3M |
| Current Liabilities | $36.2M | $54.8M | $40.9M |
| Total Long-Term Debt | $15.2M | $16.4M | — |
| Total Liabilities | $46.3M | $66.7M | $43.6M |
| Shareholders' Equity | $18.4M | $12.0M | $35.7M |
GameSquare Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$16.1M | -$30.6M | -$18.4M |
| Cash From Investing | $14.1M | $2.7M | -$60.3M |
| Cash From Financing | $4.0M | $38.0M | $72.7M |
| Free Cash Flow | -$16.1M | -$30.6M | -$18.5M |
Figures from GameSquare's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full GameSquare financials page for every line item.
GameSquare Company Profile
| Ticker | GAME |
|---|---|
| Exchange | Nasdaq |
| Industry | Amusement & Recreation Services (Services) |
| Headquarters | Frisco, Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001714562 |
Frequently Asked Questions
What was GameSquare's revenue in fiscal 2025?
GameSquare (GAME) reported revenue of $45.0M for fiscal 2025.
What is GameSquare's annual revenue history?
GameSquare's annual revenue by fiscal year: 2023: $52.0M; 2024: $96.2M; 2025: $45.0M.
What was GameSquare's net income in fiscal 2025?
GameSquare reported net income of -$40.1M for fiscal 2025.
What was GameSquare's earnings per share (EPS) in fiscal 2025?
GameSquare's diluted EPS was -$4.88 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did GameSquare generate in fiscal 2025?
GameSquare generated -$18.5M of free cash flow in fiscal 2025.
What was GameSquare's revenue last quarter?
In its most recent reported quarter (2026 Q2), GameSquare reported revenue of $18.5M.
How many shares of GameSquare are outstanding?
GameSquare reported a weighted average of 11.9 million basic shares outstanding in 2026 Q2.
What is GameSquare's market cap?
Based on its latest closing price, GameSquare (GAME) has a market capitalization of about $34.8M.
When does GameSquare's fiscal year end?
GameSquare's fiscal year end, as registered with the SEC, is December 31.
Where is GameSquare headquartered?
GameSquare lists its business address in Frisco, Texas in its SEC filings.
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