Collectibles became a key growth area for GameStop, making up 33.1% of quarterly sales|Mike Mozart|CC BY 2.0

GameStop Corp. reported better-than-expected profits but weaker sales in its latest results. The company earned $0.49 per share in the fourth quarter, beating estimates of $0.37.

However, revenue came in at $1.1 billion, missing forecasts of $1.467 billion and falling 13.9% from last year.

Profits improved despite lower sales. Operating income rose to $147.7 million from $84.4 million a year earlier.

The company also strengthened its finances, with cash and investments jumping to $9 billion from $4.8 billion. It also reported $368.4 million in Bitcoin-related assets.

For the full year 2025, sales dropped 5% to $3.63 billion. However, net income surged to $647.4 million from $131.2 million. 

Collectibles became a key growth area, making up 33.1% of quarterly sales, while hardware and software sales continued to decline.