TL;DR
Games Workshop—best known for its Warhammer 40K miniatures—is riding a massive boom, reporting £560 million in core revenue (up from £494.7 million) and £50 million in licensing revenue (vs. £31 million) for the year ending June 1, 2025. Profits soared too, with pre-tax earnings of £255 million (up from £203 million), prompting the company to hand out a £20 million bonus pool—around £13,333 (≈ $18,000) per staffer across its ~1,500 employees.
Beyond tabletop sales, GW’s IP machine is humming: smash-hit games like Space Marine 2 (and Space Marine 3 in the pipeline), Amazon’s Secret Level animation, and a newly inked Henry Cavill–fronted Warhammer cinematic universe all helped lift licensing revenue to record highs. While they don’t expect this licensing surge to repeat next year, Warhammer’s never been bigger—and it doesn’t look like it’s slowing down anytime soon.
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