GameSquare's Q1 revenue nearly doubles

GameSquare Holdings

14/05/2026 21:15

Overview

US gaming media firm's Q1 revenue nearly doubled yr/yr

Q1 adjusted EBITDA loss narrowed yr/yr

Company repurchased 2.07 mln shares for $0.75 mln during Q1

Outlook

GameSquare reaffirms 2026 proforma revenue guidance of $85 mln to $90 mln

Company expects 2026 gross margin of 35% to 40%

GameSquare sees adjusted EBITDA over $5 mln for 2026

Result Drivers

INTEGRATED PLATFORM & ACQUISITIONS - Co said Q1 performance reflected growing benefits from its integrated platform and recent acquisitions, including TubeBuddy

CREATOR ADDITIONS - Addition of major creators, including Steak, and new leadership expected to generate incremental annualized revenue and expand brand opportunities

BRAND PARTNERSHIPS & MONETIZATION - Expanded relationships with brands such as Capcom and Hungryboy Hot Sauce highlighted as examples of converting creator influence into scalable consumer products and retail distribution

Company press release: ID:nACSFTT76a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$14.50 mln
$14.90 mln (2 Analysts)
Q1 Net Income
-$17.60 mln
Q1 Adjusted EBITDA
Beat
-$1.10 mln
-$1.75 mln (2 Analysts)
Q1 Gross Profit
$5.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for GameSquare Holdings Inc is $1.50, about 229.7% above its May 13 closing price of $0.46

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)