Games Workshop Group (GAW) H2 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
H2 2026 TU earnings summary
22 May, 2026Executive 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.
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