WHAT CHANGED. WHY IT MATTERS. WHAT’S NEXT.SCROLL TO GO DEEPER ↓
PUBLIC MARKETS ✳ PRIVATE COMPANIES ✳ EARNINGS ✳ M&A ✳ CAPITAL ALLOCATION ✳ PLATFORM ECONOMICS ✳
THE MARKET / 2026 YTD
The industry's scoreboard.
Who’s up. Who’s down. Where capital is moving. 101 covered securities · Data through October 9, 2026.
Gaming stocks / YTD price returnFINAL 2025 CLOSE = 0%
Loading market data…
Sources, methodology & coverage
Source: Yahoo Finance daily closing prices, retrieved October 11, 2026. Return = (closing price ÷ final available 2025 close − 1) × 100. Prices are split-adjusted; cash dividends, foreign-exchange movements and the value of distributed securities are excluded. Different exchanges have different holidays and closing times. This is a dated snapshot, not a live feed.
Selected global coverage, not every public gaming company. One listing per issuer; diversified businesses, technology suppliers and peripherals appear in a separate group. Asmodee includes tabletop games. Spinoffs and other corporate actions can affect price-only comparisons, including Embracer. Companies without a valid 2025 baseline or recent observations are omitted; this creates survivorship bias. Unavailable tickers include EA, SKLZ, Coffee Stain, everplay, Devolver, Pullup Entertainment and Turtle Beach. They have not been assigned estimated returns.
01 / THE RESEARCH
Less noise. More signal.
The chart. The thesis. The business implication. Analysis worth your attention.
CHART STUDYNINTENDO
A console cycle is a margin story.
Nintendo’s FY2025 revenue fell 30.3%. Operating profit fell 46.6%. The gap is the story.
JKJames Kuk Historical analysis · FY2024–FY2025
NINTENDO / OPERATING LEVERAGE01—02
When sales slow, profit falls faster.
Revenue Operating profit¥ billion
OPERATING MARGIN31.6% → 24.3%
Source: Nintendo FY2025 earnings release, May 8, 2025. Fiscal years ended March 31. Rounded from reported ¥ million. Historical, not live market data.
03 RESEARCH NOTES
EARNINGS 1 MIN READ
Two numbers. Different timing. Very different interpretations of growth.
STRATEGY 1 MIN READ
Why distribution, ownership, and revenue mix belong in the same conversation.
DEALS 1 MIN READ
A practical framework for reading a game-company acquisition.
FOUNDING EDITION — original analytical frameworks and a sourced historical chart study. Daily coverage begins with the publication’s launch.
02 / THE COVERAGE
Global industry. One clear lens.
From listed publishers to private platforms. Follow the business, wherever it plays.
Initial research watchlist. Ownership and listing status reviewed October 10, 2026; this is not a complete directory or a live securities feed.
03 / THE BRIEFING
YOUR NEXT UNFAIR ADVANTAGE.
GG / IN YOUR INBOX
A smarter read on the games business.
The strongest charts, the important moves, and what they mean. A concise briefing for people building, financing, and leading game companies.
01 NEWSLETTER →02 NEWSLETTER →03 RECHARGE
Two weekly editions, then a week off. Daily social analysis continues.
Subscriptions and optional reader support open once the publication’s accounts are connected.
JKFINANCIAL RIGOR. GAMING INSTINCT.
✳
04 / THE PERSPECTIVE
Built by an operator. Read like an analyst.
I’m James Kuk. My background spans M&A at Greenhill, private equity at Apax, leadership at Twitch, and cofounding FreshCut.
GameStocks.gg brings that perspective to the companies shaping games: the economics underneath the headlines, the decisions behind the numbers, and what happens next.