GameStop Corp. (GME) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 24, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 25.57% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
450M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

GME currently has 448M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 25.57% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 24, 2026

10-K filing | 447.6M shares outstanding

450M 0
Dec 09, 2025

10-Q filing | 447.7M shares outstanding

450M 0
Oct 07, 2025

8-K filing: GameStop Corp. announced a distribution of warrants to purchase shares of common stock to holders of record of the company's Class A Common Stock and Convertible Senior Notes due 2030 and 2032.

450M 0
Sep 09, 2025

10-Q filing | 447.4M shares outstanding

450M 0
Jun 24, 2025

8-K filing: GameStop Corp. issued and sold an additional $450 million aggregate principal amount of 0.00% Convertible Senior Notes due 2032 after the initial purchaser exercised their option in full, receiving gross proceeds of $450 million and intending to use the net proceeds for general corporate purposes. ($450.0M proceeds)

450M 0
Jun 17, 2025

8-K filing: GameStop Corp. completed a private offering of $2.25 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032.

450M 0
Jun 10, 2025

10-Q filing | 447.1M shares outstanding

450M 0
Apr 01, 2025

8-K filing: GameStop Corp. completed a private offering of $1.5 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030.

450M 0
Mar 25, 2025

10-K filing | 447.1M shares outstanding

450M 0
Dec 10, 2024

10-Q filing | 437.9M shares outstanding

440M 0
Sep 23, 2024

8-K filing: GameStop Corp. completed its "at-the-market" equity offering program, selling 20,000,000 shares of its common stock for aggregate gross proceeds of approximately $400 million. ($400.0M proceeds)

390M 0
Sep 10, 2024

10-Q filing | 387.2M shares outstanding

390M 0
Jun 11, 2024

10-Q filing | 351.2M shares outstanding

350M 0
May 24, 2024

8-K filing: GameStop Corp. completed its at-the-market equity offering program, selling 45,000,000 shares of its common stock for aggregate gross proceeds of approximately $933.4 million. ($933.4M proceeds)

310M 0
Mar 26, 2024

10-K filing | 305.2M shares outstanding

310M 0
Dec 06, 2023

10-Q filing | 305.3M shares outstanding

310M 0
Sep 06, 2023

10-Q filing | 304.8M shares outstanding

300M 0
Jun 07, 2023

10-Q filing | 304.5M shares outstanding

300M 0
Mar 28, 2023

10-K filing | 304.2M shares outstanding

300M 0
Dec 07, 2022

10-Q filing | 304.2M shares outstanding

300M 0
Sep 07, 2022

10-Q filing | 304.2M shares outstanding

300M 0
Jul 21, 2022
Stock Split

8-K filing: Stock split 4-for-1 | Outstanding: 75,900,000 → 303,600,000

300M 0
Jun 01, 2022

10-Q filing | 75.9M shares outstanding

76M 0
Mar 17, 2022

10-K filing | 72.6M shares outstanding

73M 0
Dec 08, 2021

10-Q filing | 75.9M shares outstanding

76M 0
Sep 08, 2021

10-Q filing | 72.6M shares outstanding

73M 0
Jun 22, 2021

8-K filing: GameStop Corp. announced the completion of its at-the-market equity offering program, selling 5,000,000 shares of its common stock and generating gross proceeds of approximately $1,126,000,000. ($1126.0M proceeds)

66M 0
Jun 09, 2021

10-Q filing | 66.0M shares outstanding

66M 0
Mar 23, 2021

10-K filing | 65.0M shares outstanding

65M 0
Dec 08, 2020

10-Q filing | 65.2M shares outstanding

65M 0
Sep 09, 2020

10-Q filing | 65.0M shares outstanding

65M 0
Jun 09, 2020

10-Q filing | 64.5M shares outstanding

65M 0
Mar 27, 2020

10-K filing | 102.0M shares outstanding

100M 0
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