Updated Mar 17, 2026 by Games Workshop Group
Games Workshop achieved record financial results in fiscal year 2021, with revenue increasing 31% to £353.2 million and profit before tax surpassing £150 million.
Online sales surged by 70%, effectively offsetting the impact of global retail lockdowns and supporting the successful launch of the latest Warhammer 40,000 edition.
The company maintains a debt-free balance sheet with £85.2 million in cash, enabling a dividend increase to 235 pence per share and £13.2 million in employee profit-sharing.
International expansion remains a core driver, with 77% of total revenue generated outside the UK and North America serving as the largest geographic market at £145.5 million.
Strategic focus for 2021/22 centers on scaling digital and media IP through the Warhammer+ subscription service and expanding manufacturing infrastructure in the UK and US.
The business maintains high operational efficiency with a 184% return on capital employed, despite navigating supply chain disruptions, Brexit, and COVID-19 challenges.
The company has formalized an ESG steering group and achieved a 21% reduction in Scope 1 and 2 emissions during the 2021 reporting period.
Games Workshop achieved record financial results in fiscal year 2021, with revenue increasing 31% to £353.2 million and profit before tax surpassing £150 million.
Online sales surged by 70%, effectively offsetting the impact of global retail lockdowns and supporting the successful launch of the latest Warhammer 40,000 edition.
The company maintains a debt-free balance sheet with £85.2 million in cash, enabling a dividend increase to 235 pence per share and £13.2 million in employee profit-sharing.
International expansion remains a core driver, with 77% of total revenue generated outside the UK and North America serving as the largest geographic market at £145.5 million.
Strategic focus for 2021/22 centers on scaling digital and media IP through the Warhammer+ subscription service and expanding manufacturing infrastructure in the UK and US.
The business maintains high operational efficiency with a 184% return on capital employed, despite navigating supply chain disruptions, Brexit, and COVID-19 challenges.
The company has formalized an ESG steering group and achieved a 21% reduction in Scope 1 and 2 emissions during the 2021 reporting period.