GameSquare (GAME) Stock Is Trending Overnight: Here's What You Should Know

GameSquare Holdings Inc. (NASDAQ:GAME) shares jumped 74.36% to $0.44 in after-hours trading Wednesday after the company reported fourth-quarter 2025 results that included its first positive adjusted EBITDA, along with full-year 2025 financials and a reiteration of its 2026 guidance.

The Texas-based, vertically integrated media, entertainment and technology company reported results for the period ending Dec. 31, 2025.

What Q4 Data Says

Fourth-quarter earnings per share came in at -$0.32, compared with a analyst estimate of -$0.02, marking a miss of 1,500%. Revenue for GameSquare totaled $18.46 million, falling short of the estimated $23.08 million by 20.03%.

Other metrics reported:

Adjusted EBITDA for the company improved and accounted for 9.4% of revenue in the fourth quarter of 2025, compared with negative 40.1% in the same period a year earlier.

Net loss of GameSquare from continuing operations totaled $28.2 million. This included a $20.3 million fair-value loss on digital assets, $12.1 million in impairment expense and a $1.9 million loss on non-consolidated investments. These were partially offset by a $7.4 million gain related to warrant liabilities.

Fiscal Year 2025 Full Year

Full-year data of GameSquare reported:

Adjusted EBITDA loss narrowed significantly in 2025 compared to 2024, representing -10.2% of revenue versus -43.2% in 2024.

Full-Year FY 2026 Financial Outlook

GameSquare reiterated its 2026 annual guidance of $85 to $90 million in revenue, gross margin of 35% to 40%, and adjusted EBITDA of over $5 million.

CEO Justin Kenna stated the company believes “2026 is shaping up to be a strong year of revenue growth and profitable annual adjusted EBITDA.”

GameSquare Holdings Inc. is set to report first-quarter 2026 earnings on May 14, with analysts projecting an EPS of -$0.04 on revenue of $17.77 million.

Trading Metrics, Technical Analysis

GameSquare has a market capitalization of $25.04 million, with a 52-week high of $2.87 and a 52-week low of $0.24.

The Relative Strength Index (RSI) of GAME stands at 37.50.

Over the past 12 months, the small-cap stock has dropped 59.95%.

GAME is currently positioned very close to the lower end of its 52-week range.

Price Action: The stock of the gaming media network closed the regular session at $0.25, up 0.04%, according to Benzinga Pro data.

Benzinga’s Edge Stock Rankings indicate GAME stock has a negative price trend across all time frames.

Photo Courtesy:

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.