This paper is devoted to a systematic study of the λφ4 theory in the Gaussian approximation and at finite temperature. Although our results can be extended in a straightforward manner to other dimensions, only the case of four (1+3) dimensions is dealt with here. The Gaussian approximation is implemented via the moments of the field φ, a method somewhat simpler than the Gaussian functional approach. Furthermore, the effective potential (equivalently, the free energy) is calculated through the evaluation of the energy-momentum tensor of quasiparticles endowed with an effective mass. This effective mass generally obeys a gap equation, which is analyzed and solved. Besides the “precarious” solution of Stevenson or the “autonomous” one of Stevenson and Tarrach, which are recovered and rediscussed, several nonperturbative solutions, either exhibiting “spontaneous symmetry breaking” or not, are obtained with the help of systematic expansions of various physical quantities in powers of ε, the parameter occurring in the dimensional regularization scheme used throughout this paper. The effects of temperature are discussed in detail: phase transitions in the precarious or autonomous solutions occur. Other simple Gaussian (but not minimal) solutions for the effective potential (free energy) are also obtained.