Key Takeaways GME's Q1 net sales dropped 16.9% to $732.4M from$881.8M a year earlier. Hardware revenues fell 31.7% and software dropped 26.7%, reflecting weaker demand. Over 70% of GME's revenues still come from shrinking hardware and software segments.GameStop Corp. (GME) reported a sharp decline in its core hardware and software segments in the first quarter of fiscal 2025, reflecting ongoing pressures in the physical gaming retail market. Hardware and accessories sales fell 31.7% year over year to $34 ...