Half-Yearly Report: 2025

Key insights

7 takeaways · ~3 min read

01
Games Workshop Group PLC reported a record half-year performance for the 26 weeks ended November 30, 2025, with total revenue reaching £332.1 million, up from £299.5 million in the prior year.See it on page 1
02
Core revenue increased significantly to £316.1 million (from £269.4 million), while licensing revenue decreased to £16.0 million (from £30.1 million).See it on page 7
03
Operating profit grew to £140.4 million (from £126.1 million), and profit before taxation increased to £140.8 million (from £126.8 million).See it on page 19
04
Earnings per share rose to 319.9p (from 288.9p), and dividends per share declared and paid in the period were 225p (from 185p).See it on page 21
05
The company is expanding its infrastructure with a new UK warehousing facility opening in 2027 and a new Warhammer World format location in North America also planned for 2027.See it on page 3
06
Online sales increased by 4.0% compared to the same period last year, with orders picked up in Warhammer stores increasing by 19.2% (£0.8 million).See it on page 9
07
Games Workshop is actively addressing environmental impact by expanding its in-store sprue recycling scheme to France and America, with plans for Germany.See it on page 13

Summary

Games Workshop Group PLC (‘Games Workshop’ or the ‘Group’) announces its half-yearly results for the 26 week period ended 30 November 2025. 26 weeks ended 26 weeks ended 30 November 2025 1 December 2024 Core revenue £316.1m £269.4m Licensing revenue £16.0m £30.1m Revenue ...