--- title: "A Possible eBay Retreat and a Q2 Revenue Beat — GameStop's Month, Explained" type: "News" locale: "en" url: "https://longbridge.com/en/news/298585297.md" description: "GameStop is trending after a month involving potential withdrawal of its $56B eBay bid in favor of a partnership, and its Q2 earnings release. Revenue fell to $790.2M but beat estimates. The company holds ~43.4M eBay shares valued at $4.9B and reduced long-term debt by retiring $1.4B in convertible notes." datetime: "2026-09-10T11:01:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298585297.md) - [en](https://longbridge.com/en/news/298585297.md) - [zh-HK](https://longbridge.com/zh-HK/news/298585297.md) generator: "portal-rs" --- # A Possible eBay Retreat and a Q2 Revenue Beat — GameStop's Month, Explained **GameStop Corp.** (NYSE:GME) is trending following the past month which kicked off with the company reportedly considering pulling its bid for eBay and closed with second-quarter earnings. ## The eBay Bid Reconsideration The past month opened on August 10 with a Bloomberg report that GameStop CEO Ryan Cohen was considering withdrawing the company’s $56 billion bid for eBay in favor of a potential partnership or joint venture instead. Under the alternative proposal, eBay would leverage GameStop’s roughly 1,600 U.S. retail locations, potentially helping both companies expand market share in higher-margin categories such as trading cards and collectibles. GameStop, which held a 9.8% stake in eBay at the time, would also seek board representation as part of any such partnership. The report noted GameStop had not made a final decision and could still pursue other options. ## Q2 Results Highlight Debt Moves, eBay Stake GameStop reported second-quarter results on September 8. Adjusted earnings per share came in at 27 cents, in line with the consensus estimate. Quarterly revenue fell to $790.2 million from $972.2 million a year earlier, which GameStop attributed to the absence of a Nintendo Switch 2 launch tailwind, ongoing store closures and the sale of its French business — though the figure still beat the consensus estimate of $756.85 million. As of August 1, GameStop held approximately 43.4 million shares of eBay common stock with a fair value of approximately $4.9 billion. The company also disclosed on September 3 that it completed exchanges retiring approximately $1.4 billion in convertible notes, reducing total long-term debt to approximately $2.8 billion. **Read Also: Stock Market Today: Dow Jones, S&P 500 Futures Gain as Trump Promises $5,000 Dividend After Midterm Elections— AVAV, AEO, COO, ORCL in Focus** ## GameStop Shares Trade Flat **GME Price Action:** At the time of publication, GameStop shares are trading 0.65% higher at $20.02, according to data from Benzinga Pro. *Image via Shutterstock* ### Related Stocks - [GME.US](https://longbridge.com/en/quote/GME.US.md) - [GMEU.US](https://longbridge.com/en/quote/GMEU.US.md) - [EBAY.US](https://longbridge.com/en/quote/EBAY.US.md) - [GMEY.US](https://longbridge.com/en/quote/GMEY.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [AVAV.US](https://longbridge.com/en/quote/AVAV.US.md) - [AEO.US](https://longbridge.com/en/quote/AEO.US.md) - [COO.US](https://longbridge.com/en/quote/COO.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [GME+.US](https://longbridge.com/en/quote/GME+.US.md) - [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md) ## Related News & Research - [BUZZ-GameStop jumps after CEO Ryan Cohen reveals buying another $26 mln of stock](https://longbridge.com/en/news/299784218.md) - [eBay Just Gave GameStop Stock a Boost. Here's What to Know.](https://longbridge.com/en/news/297551707.md) - [GameStop CEO, Chairman Ryan Cohen reports $26.39 million common share purchase](https://longbridge.com/en/news/299684135.md) - [BUZZ-GameStop climbs after CEO Ryan Cohen discloses 1 mln share purchase](https://longbridge.com/en/news/298730789.md) - [GameStop Sets September 8 Earnings Date as eBay Stake Boosts Second Quarter Profits](https://longbridge.com/en/news/298035812.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**