GameSquare Holdings (GAME) Financial Statements & Analysis

GameSquare Holdings (GAME) Income Statement

GameSquare Holdings reported revenue of $45.00M in fiscal 2025 (fiscal year ended Mar 31, 2026), down 53.2% from $96.20M a year earlier. GameSquare Holdings posted a net loss of $40.10M, compared with a net loss of $48.75M a year earlier. Gross margin was 43.4% and operating margin -26.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $18.48M, up 137.2% from the same quarter a year earlier.

GameSquare Holdings Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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GameSquare Holdings, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Aug 2022	Dec 2021	Aug 2021	Nov 2020	Aug 2019	Feb 2019	Aug 2017
Revenue & Gross Profit
Revenue	0.04	0.04	0.10	0.03	0.04	0.04	0.03	0.03	0.01	0.03	0.00	0.00	0.00	0.00
Cost of Revenue	0.03	0.03	0.08	0.02	0.03	0.03	0.02	0.02	0.01	0.02	0.00	0.00	0.00	0.00
Gross Profit	0.02	0.02	0.02	0.01	0.01	0.01	0.04	0.01	0.00	0.01	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.01	0.02	0.00	0.01	0.01	0.00
Operating Expenses	0.03	0.04	0.06	0.04	0.04	0.03	0.00	0.03	0.01	0.03	0.00	0.01	0.01	0.00
Operating Income	-0.01	-0.03	-0.05	-0.03	-0.03	-0.02	0.04	-0.02	-0.01	-0.02	0.00	-0.01	-0.01	0.00
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	-0.02	0.00	-0.01	0.00	0.00	-0.01	-0.01	0.00	0.00	-0.01	0.00	-0.01	0.00	-0.01
Income
Income Before Tax	-0.03	-0.03	-0.06	-0.03	-0.03	-0.03	-0.02	-0.02	-0.02	-0.03	0.00	-0.01	-0.01	-0.01
Income Tax Expense	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	-0.04	-0.04	-0.05	-0.05	-0.03	-0.03	0.00	-0.02	-0.02	-0.04	0.00	-0.01	-0.01	-0.01
Net Income - Continuous Operations	-0.04	-0.03	-0.05	-0.03	-0.03	-0.03	-0.02	-0.02	-	-0.04	-0.03	-0.01	-0.01	-0.01
Net Income - Discontinued Operations	-	-0.01	-	-0.02	-	-0.01	0.00	-	-	-	-	-	-	-
EBITDA	-0.03	-0.01	-0.05	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01	-0.02	0.00	-0.01	-0.01	-0.01
EBIT	-	-0.01	-	-0.02	-	-0.03	-0.02	-	-0.01	-	0.00	-	-	-
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Per Share
Basic EPS	-5.00	-5.00	-14.00	-14.00	-22.00	-22.00	-26.00	-26.00	-1.00	-109.00	-	-3209.00	-3032.00	-4315.00
Diluted EPS	-5.00	-1.00	-14.00	-2.00	-22.00	-22.00	-	-26.00	-	-109.00	-	-3209.00	-3032.00	-4315.00
Basic Shares Outstanding	8.21	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.02	0.00	0.00	0.00
Diluted Shares Outstanding	8.21	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.02	0.00	0.00	0.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About GameSquare Holdings Financial Statements

What was GameSquare Holdings's revenue in fiscal 2025?

GameSquare Holdings reported revenue of $45.00M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was down 53.2% from $96.20M a year earlier.

Is GameSquare Holdings profitable?

No. GameSquare Holdings reported a net loss of $40.10M in fiscal 2025. In fiscal 2024 it lost $48.75M.

What is GameSquare Holdings's operating margin?

GameSquare Holdings's operating income was −$11.74M on revenue of $45.00M in fiscal 2025, an operating margin of -26.1%, compared with -48.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition