Updated Mar 17, 2026 by Games Workshop Group
Games Workshop achieved record financial performance in the 2016/17 fiscal year, with revenue increasing 34% to £158.1 million and operating profit doubling to £38.3 million.
The company maintained a 72.4% gross margin and a 72% return on capital, supported by a debt-free balance sheet and £17.9 million in cash reserves.
North America became the company's largest geographic market, contributing £57.0 million in revenue, while royalty income from licensed titles like Total War: Warhammer provided high-margin growth.
The Nottingham manufacturing hub produced 30 million miniatures and launched over 400 new products, underpinned by a vertically integrated business model.
Shareholders saw a 76% increase in dividends per share, despite the company addressing a technical breach of the Companies Act 2006 regarding an unlawful £1.9 million dividend payment.
Operational investments included a major ERP system upgrade and a £4.9 million discretionary profit-sharing payment to the workforce.
Games Workshop achieved record financial performance in the 2016/17 fiscal year, with revenue increasing 34% to £158.1 million and operating profit doubling to £38.3 million.
The company maintained a 72.4% gross margin and a 72% return on capital, supported by a debt-free balance sheet and £17.9 million in cash reserves.
North America became the company's largest geographic market, contributing £57.0 million in revenue, while royalty income from licensed titles like Total War: Warhammer provided high-margin growth.
The Nottingham manufacturing hub produced 30 million miniatures and launched over 400 new products, underpinned by a vertically integrated business model.
Shareholders saw a 76% increase in dividends per share, despite the company addressing a technical breach of the Companies Act 2006 regarding an unlawful £1.9 million dividend payment.
Operational investments included a major ERP system upgrade and a £4.9 million discretionary profit-sharing payment to the workforce.