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Company research19 Jun 2025
Nintendo: From Game Boy and Pokémon to Switch 2 and Mario Kart
Nintendo went from card maker to cultural icon, shaping modern entertainment through hardware innovation and world-famous characters.
Games Workshop Group
Games Workshop Group (GAW) investor relations material
Games Workshop Group H2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 TU earnings summary22 May, 2026
Executive summary
Core revenue for the 52 weeks ending 31 May 2026 is estimated at not less than £625 million, up from £565.0 million in 2024/25.
Licensing revenue is expected to be not less than £30 million, compared to £52.5 million in 2024/25.
Profit before taxation is estimated at not less than £265 million, slightly up from £262.8 million in 2024/25.
Financial highlights
Core revenue increased by at least 10.6% year-over-year.
Licensing revenue declined significantly year-over-year.
Profit before taxation showed a modest increase year-over-year.
Outlook and guidance
The 2026 Annual Report for the 52 weeks ended 31 May 2026 will be published on 28 July 2026.
Analyze the 43% drop in licensing revenue
Evaluate PBT growth relative to core revenue
Assess the shift in revenue mix for 2025/26
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Latest events from Games Workshop Group
- Record results with double-digit revenue and profit growth, higher dividends, and global expansion.GAW
H2 202423 Feb 2026 - Record revenue and profit growth driven by core business, despite lower licensing income.GAWH1 202613 Jan 2026
- Core revenue and profit before tax are set to rise, but licensing revenue will decline.GAWTrading Update21 Nov 2025
- Record-breaking revenue and profit, global expansion, and strong licensing drove outstanding results.GAWH2 202529 Jul 2025
- Trading ahead of expectations with strong revenue and profit growth for H1 2024/25.GAWTrading Update13 Jun 2025
- Games Workshop forecasts strong revenue and profit growth for the year, with higher dividends.GAWTrading Update13 Jun 2025
- Games Workshop forecasts record revenue, profit, and dividends for FY25.GAWTrading Update6 Jun 2025
- Profit before tax for FY25 is now expected to exceed previous forecasts.GAWTrading Update6 Jun 2025
- Record revenue and profit growth driven by Trade, Retail, and Licensing strength.GAWH1 20255 Jun 2025
Next Games Workshop Group earnings date
H2 202628 Jul, 2026
Games Workshop Group
Next Games Workshop Group earnings date
H2 202628 Jul, 2026
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