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GAMEGameSquare Holdings, Inc.
$0.31$30M
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GAME logoGameSquare Holdings, Inc.(GAME)Earnings, Financials & Key Ratios

GAME•NASDAQ
$0.31
Price updated Jul 7, 2026
SectorTechnologyIndustryGaming & MultimediaSub-IndustryStreaming, Esports, and Gaming Media
AboutGameSquare Holdings, Inc. is an international digital media, entertainment and technology company. It engages in enabling global brands to connect with gaming and youth culture audiences. Its platform includes Code Red Esports Ltd., Cut+Sew (Zoned), Complexity Gaming, Fourth Frame Studios, Mission Supply, Frankly Media, Stream Hatchet, and Sideqik. The company was founded on April 8, 2011and is headquartered in Frisco, TX.Show more
  • Revenue$45M-53.2%
  • EBITDA-$10M+77.0%
  • Net Income-$40M+17.7%
  • EPS (Diluted)-0.61+65.1%
  • Gross Margin43.37%+173.2%
  • EBITDA Margin-21.57%+50.8%
  • Operating Margin-26.09%+45.6%
  • Net Margin-89.11%-75.8%
  • ROE-168.28%+47.6%

GAME Price & Volume

GameSquare Holdings, Inc. (GAME) stock price & volume — 10-year historical chart

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Persistent Revenue Contraction Challenges Operational Sustainability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and capital exhaustion

Key Thesis Takeaways

  • GameSquare Holdings faces a precarious outlook as its aggressive roll-up strategy fails to yield organic growth, evidenced by a 31.3% year-over-year revenue decline in 2026Q1.
  • The company's reliance on external financing to bridge persistent operating losses, which reached a net margin of -122.1% in the most recent quarter, suggests a fundamentally unsustainable business model.
  • Investors should remain cautious given the rapid erosion of equity to $17.7M and the ongoing risk of further goodwill impairments on its $8.6M balance.

Verdict Logic

the company's inability to achieve positive free cash flow, coupled with a net margin of -122.1% in 2026Q1, indicates significant risk of continued shareholder dilution and capital exhaustion.

GAME Growth Metrics

GameSquare Holdings, Inc. (GAME) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years33.67%
3 Years17.02%
TTM-32.3%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-8.23%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM61.15%

Return on Capital

10 Years-278.18%
5 Years-88%
3 Years-101.29%
Last Year-35.49%

Latest GAME News

Recent stock market news and headlines for GameSquare Holdings, Inc. (GAME)

Accesswire·Jun 29, 2026
GameSquare Renews and Expands Partnership with Riot Games

Stream Hatchet, a GameSquare Company, announces annual renewal with Riot Games extending relationship dating back to 2019 Partnership leverages GameSquare's full suite of data, analytics and creator intelligence tools to power Riot's global esports portfolio FRISCO, TX / ACCESS Newswire / June 29, 2026 / GameSquare Holdings, Inc. (NASDAQ:GAME) ("GameSquare" or the "Company") today announced that Riot Games has renewed and expanded its relationship with GameSquare's Stream Hatchet and Sideqik platforms. Riot Games has renewed its longstanding esports reporting relationship with Stream Hatchet, extending a partnership that has supported Riot since 2019.

Accesswire·Jun 24, 2026
GameSquare and U.S. Army Partner for Soldier Showdown 8, Presented by USAA

Continuing a Seven-Year Legacy of Esports Competition for U.S. military members FRISCO, TX / ACCESS Newswire / June 24, 2026 / GameSquare (NASDAQ:GAME), today announced Soldier Showdown 8 (SS8), presented by USAA, the latest edition of the multi-title, cross-platform esports tournament for U.S. military members. Produced in partnership with the U.S. Army Installation Management Command's Directorate of Family and Morale, Welfare and Recreation (U.S. Army MWR), SS8 continues a seven-year tradition of using gaming to build camaraderie and community among U.S. Army soldiers.

Accesswire·Jun 22, 2026
GameSquare Stockholders Approve All Proposals at 2026 Annual Stockholder Meeting

FRISCO, TX / ACCESS Newswire / June 22, 2026 / GameSquare Holdings, Inc. (NASDAQ:GAME) ("GameSquare" or the "Company") today announced that at its 2026 Annual Meeting of Stockholders held on June 18, 2026, the Company's stockholders voted to: Elect two Class II members to our Board of Directors; Ratify the appointment of Kreston GTA as its independent registered public accounting firm; Approve, by a non-binding advisory vote, the compensation of our named executive officers; and, Approve a merger agreement with a wholly owned subsidiary of the Company for the purpose of restating the Company's Certificate of Incorporation. "I want to thank all the stockholders who voted at our Annual Meeting of Stockholders," said Justin Kenna, CEO of GameSquare.

Seeking Alpha·Jun 18, 2026
GameSquare Holdings, Inc. (GAME) Shareholder/Analyst Call Prepared Remarks Transcript

GameSquare Holdings, Inc. (GAME) Shareholder/Analyst Call Prepared Remarks Transcript

GlobeNewsWire·Jun 18, 2026
GAME ON! ANNOUNCES "GLOBAL GAME, LOCAL IMPACT" SUMMER EVENTS CELEBRATING COMMUNITY, CULTURE, AND OPPORTUNITY AHEAD OF WORLD CUP

ELIZABETH, NJ, June 18, 2026 (GLOBE NEWSWIRE) -- Game On!, a community-centered initiative designed to connect residents with the excitement and opportunities surrounding the FIFA World Cup 2026™, has officially announced two major events taking place on July 12th and July 13th, 2026 at the waterfront in Elizabeth, NJ.

Peers Comparison

Key metrics vs top competitors for GameSquare Holdings, Inc. (GAME)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GAME logoGAMEGameSquare Holdings, Inc.Current
$0.31$30.47M-0.51-53.22%-89.11%-168.28%—
GFAI logoGFAIGuardforce AI Co., Limited
$0.39$8.55M-1.30-3.07%-17.49%-40.41%—
HUYA logoHUYAHUYA Inc.
$2.35$537.92M-33.266.96%-2.51%-2.41%—
DOYU logoDOYUDouYu International Holdings Limited
$4.79$144.56M-35.76-10.58%-4.81%-6.48%—
SKLZ logoSKLZSkillz Inc.
$8.84$137.97M-1.969.46%-59.74%-55.16%—
PLTK logoPLTKPlaytika Holding Corp.
$3.77$1.43B-6.858.08%-10.54%——

Compare GAME vs Peers

GameSquare Holdings, Inc. (GAME) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GFAI

Most directly comparable listed peer for GAME.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare GAME against a more recognizable public peer.

Peer Set

Compare Top 5

vs GFAI, HUYA, DOYU, SKLZ

GAME SEC Filings & Documents

GameSquare Holdings, Inc. (GAME) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 14, 2026·SEC

Material company update

Apr 14, 2026·SEC

Material company update

Apr 9, 2026·SEC

10-K Annual Reports

3
FY 2026

Apr 8, 2026·SEC

FY 2025

Apr 15, 2025·SEC

FY 2024

Apr 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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GAME Frequently Asked Questions

GameSquare Holdings, Inc. (GAME) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is GameSquare Holdings, Inc.'s revenue?

GameSquare Holdings, Inc. (GAME) reported $60.1M in revenue for fiscal year 2025.

How fast is GameSquare Holdings, Inc. growing?

GameSquare Holdings, Inc. (GAME) saw revenue decline by 53.2% over the past year.

Is GAME profitable?

GameSquare Holdings, Inc. (GAME) reported a net loss of $52.6M for fiscal year 2025.

Dividend & Returns
What is GAME's return on equity?

GameSquare Holdings, Inc. (GAME) has a return on equity (ROE) of -168.3%. Negative ROE indicates the company is unprofitable.

What is GameSquare Holdings, Inc.'s free cash flow?

GameSquare Holdings, Inc. (GAME) had negative free cash flow of $15.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in GAME back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

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