Updated Mar 17, 2026 by Games Workshop Group
Games Workshop achieved record financial performance for the fiscal year ending May 29, 2022, with £414.8 million in total revenue and £156.5 million in profit before tax.
Licensing revenue nearly doubled to £28.0 million, driven by major partnerships including Nexon, which helped offset a 5.6% decline in core gross margins caused by rising freight and inventory costs.
The company maintained a debt-free balance sheet and returned £77.1 million in dividends to shareholders, reflecting a continued commitment to surplus cash distribution.
Strategic capital investment totaled £16.7 million in design and £5.7 million in tooling, alongside significant infrastructure upgrades to North American warehousing and UK manufacturing facilities.
While total greenhouse gas emissions increased by 5% due to business expansion, the company achieved a 6% reduction in revenue-based emissions intensity.
The board confirmed long-term viability through 2025, supported by a simplified executive remuneration structure designed to prioritize long-term stability over short-term targets.
Games Workshop achieved record financial performance for the fiscal year ending May 29, 2022, with £414.8 million in total revenue and £156.5 million in profit before tax.
Licensing revenue nearly doubled to £28.0 million, driven by major partnerships including Nexon, which helped offset a 5.6% decline in core gross margins caused by rising freight and inventory costs.
The company maintained a debt-free balance sheet and returned £77.1 million in dividends to shareholders, reflecting a continued commitment to surplus cash distribution.
Strategic capital investment totaled £16.7 million in design and £5.7 million in tooling, alongside significant infrastructure upgrades to North American warehousing and UK manufacturing facilities.
While total greenhouse gas emissions increased by 5% due to business expansion, the company achieved a 6% reduction in revenue-based emissions intensity.
The board confirmed long-term viability through 2025, supported by a simplified executive remuneration structure designed to prioritize long-term stability over short-term targets.