GME (GameStop) Change In Working Capital: $70 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GME GameStop Corp GME
56 GF Score
Price $22.43
GF Value $12.95
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is GameStop Change In Working Capital?

GameStop GME +1.82% 56 Change In Working Capital is $70 Mil as of Apr. 2026. GuruFocus rates GME with a GF Score™ of 56/100 and a GF Value™ of $12.95 (Significantly Overvalued). The stock has 6 warning signs investors should review.

GameStop's change in working capital for the quarter that ended in Apr. 2026 was $172 Mil.

GameStop's change in working capital for the fiscal year that ended in Jan. 2026 was $1 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


GameStop Change In Working Capital Related Terms


GameStop Change In Working Capital Historical Data

* Premium members only.

The historical data trend for GameStop's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GameStop Change In Working Capital Chart

GameStop Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -171.20 288.90 -295.80 -42.90 0.60

GameStop Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.00 -35.40 -37.90 -29.10 172.10
GME
56GF Score
GameStop Corp GME
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameStop Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $70 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of $70 Mil mean?
GameStop (GME) has a Change In Working Capital of $70 Mil as of Apr. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for GameStop.
Is GameStop's Change In Working Capital too high?
GameStop's current Change In Working Capital is $70 Mil. Overall, GameStop has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GameStop's Change In Working Capital compare to MUSA and FIVE?
GameStop's Change In Working Capital of $70 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Retail - Cyclical company?
A good Change In Working Capital depends on the Retail - Cyclical industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for GameStop. GameStop's current Change In Working Capital is $70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameStop stock overvalued right now?
Based on GuruFocus' analysis, GameStop (GME) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.95, compared to a current price of $22.43 — trading 73.2% above its estimated fair value. The current Change In Working Capital is $70 Mil. GameStop's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For GameStop (GME), the current Change In Working Capital is $70 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GameStop (GME) Overvalued in 2026?

Based on GuruFocus' analysis, GameStop stock appears to be overvalued. The current stock price of $22.43 is trading 73.2% above its estimated GF Value™ of $12.95. GuruFocus considers GameStop to be Significantly Overvalued.

Key valuation signals for GME:

  • Change In Working Capital: $70 Mil
  • GF Value™: $12.95 vs. price of $22.43 (73.2% above fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the GME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameStop Business Description

Address 625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp offers games, collectibles, and entertainment products through its stores and ecommerce platforms. Its products include Hardware and accessories offering new and pre-owned gaming platforms from the console manufacturers, Software offering new and pre-owned gaming software for current and certain prior generation consoles and sell a wide range of in-game digital currency, digital downloadable content and full-game downloads, and Collectibles consist of apparel, toys, trading cards, gadgets and other retail products for pop culture and technology enthusiasts and collectibles related services, such as submission services for the authentication and grading of trading cards. The company operates its business in three geographic segments: the United States, Australia, and Europe.
56GF Score

Get the complete analysis for GME

Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.43
Price
$12.95
GF Value