Games Workshop Group Income Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Jun '25 Jun 1, 2025	Jun '24 Jun 2, 2024	May '23 May 28, 2023	May '22 May 29, 2022	May '21 May 30, 2021
Revenue	650.1	617.5	525.7	470.8	414.8	369.5
Revenue Growth (YoY)	12.57%	17.46%	11.66%	13.50%	12.26%	37.00%
Cost of Revenue	180.4	171.3	150.3	146.3	127.4	96.3
Gross Profit	469.7	446.2	375.4	324.5	287.4	273.2
Selling, General & Admin	192.9	183.7	171	150.7	129.2	121.1
Operating Expenses	192.9	183.7	171	150.7	129.2	121.1
Operating Income	276.8	262.5	204.4	173.8	158.2	152.1
Interest Expense	-1.5	-1.4	-1.3	-0.9	-0.8	-1
Interest & Investment Income	2.7	2.9	2.5	1.3	0.2	0.2
EBT Excluding Unusual Items	278	264	205.6	174.2	157.6	151.3
Asset Writedown	-1.2	-1.2	-2.6	-3.6	-1.1	-0.4
Pretax Income	276.8	262.8	203	170.6	156.5	150.9
Income Tax Expense	70.4	66.7	51.9	35.9	28.1	28.9
Net Income	206.4	196.1	151.1	134.7	128.4	122
Net Income to Common	206.4	196.1	151.1	134.7	128.4	122
Net Income Growth	18.01%	29.78%	12.17%	4.91%	5.25%	71.11%
Shares Outstanding (Basic)	33	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33	33
Shares Change (YoY)	0.24%	0.19%	0.24%	0.08%	-0.16%	0.58%
EPS (Basic)	6.26	5.95	4.59	4.10	3.91	3.73
EPS (Diluted)	6.24	5.93	4.58	4.09	3.91	3.71
EPS Growth	17.72%	29.53%	11.92%	4.81%	5.42%	70.11%
Free Cash Flow	253.6	223.4	180.6	177.9	104.5	115.3
Free Cash Flow Per Share	7.67	6.76	5.48	5.41	3.18	3.50
Dividend Per Share	5.600	5.200	5.400	3.650	1.650	1.850
Dividend Growth	36.59%	-3.70%	47.95%	121.21%	-10.81%	27.59%
Gross Margin	72.25%	72.26%	71.41%	68.92%	69.29%	73.94%
Operating Margin	42.58%	42.51%	38.88%	36.92%	38.14%	41.16%
Profit Margin	31.75%	31.76%	28.74%	28.61%	30.95%	33.02%
Free Cash Flow Margin	39.01%	36.18%	34.35%	37.79%	25.19%	31.20%
EBITDA	293.3	278.2	219	187.5	169.9	161.3
EBITDA Margin	45.12%	45.05%	41.66%	39.83%	40.96%	43.65%
D&A For EBITDA	16.5	15.7	14.6	13.7	11.7	9.2
EBIT	276.8	262.5	204.4	173.8	158.2	152.1
EBIT Margin	42.58%	42.51%	38.88%	36.92%	38.14%	41.16%
Effective Tax Rate	25.43%	25.38%	25.57%	21.04%	17.95%	19.15%
Revenue as Reported	650.1	617.5	525.7	470.8	414.8	369.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.