Updated Mar 17, 2026 by Games Workshop Group
Games Workshop achieved record core revenue of £212.3 million for the 26-week period ending November 27, 2022, marking a 10.9% increase year-over-year.
Profit before tax declined to £83.6 million from £88.2 million, driven by a drop in licensing income to £14.3 million and rising operational costs for materials, carriage, and staff.
Gross margins fell by 4.5% to 64.1% due to global inflationary pressures, despite strong performance in trade channels and retail recovery in the UK and Europe.
The company invested heavily in infrastructure, including a £4.9 million webstore platform upgrade and expanded manufacturing facilities in Nottingham.
Management secured a preliminary agreement with Amazon Studios to explore media opportunities as part of a broader strategy to expand intellectual property.
The business maintains a strong liquidity position with £85.2 million in cash, supporting a dividend distribution of £54.2 million at 165p per share.
Games Workshop achieved record core revenue of £212.3 million for the 26-week period ending November 27, 2022, marking a 10.9% increase year-over-year.
Profit before tax declined to £83.6 million from £88.2 million, driven by a drop in licensing income to £14.3 million and rising operational costs for materials, carriage, and staff.
Gross margins fell by 4.5% to 64.1% due to global inflationary pressures, despite strong performance in trade channels and retail recovery in the UK and Europe.
The company invested heavily in infrastructure, including a £4.9 million webstore platform upgrade and expanded manufacturing facilities in Nottingham.
Management secured a preliminary agreement with Amazon Studios to explore media opportunities as part of a broader strategy to expand intellectual property.
The business maintains a strong liquidity position with £85.2 million in cash, supporting a dividend distribution of £54.2 million at 165p per share.