The boom time continues at Warhammer 40,000 maker Games Workshop, which has announced it’s handing out £20 million (approx. $27 million) to its staff as a bonus.
The Nottingham, UK company behind the Warhammer tabletop games and their expansive settings, said that for the 52 weeks ending June 1, 2025, core revenue was £560 million, up from the £494.7 million in the previous period. Licensing revenue was £50 million, up from £31 million. Core profit is £210 million, up from £174.8 million, and licensing profit is £45 million, up from £27 million. That amounts to profit before tax of £255 million, up from £203 million.
Off the back of those huge profits, and “in recognition of our staff’s contribution to these results,” Games Workshop is giving employees £20 million, up from the £18 million it handed out last year. The money will be paid on an equal basis to each member of staff. Games Workshop is estimated to have around 1,500 staff. If that’s accurate, it means each employee is set for a £13,333 (approx $18,000) bonus.
Games Workshop’s main business is the sale of miniatures fans assemble and paint for use in tabletop wargames, such as Warhammer 40,000. But it is increasingly an IP business, with huge revenue from smash hit video games such as last year’s Warhammer 40,000: Space Marine 2, and animations, such as Amazon’s Warhammer 40,000 Secret Level episode. Last year, Games Workshop and Amazon finalized a deal for Henry Cavill’s Warhammer 40,000 Cinematic Universe, which will involve the creation of films and television series. Space Marine 3 is also in development.
Where does Games Workshop go from here? The company pointed out that licensing revenue in the period is at a record level and it does not expect this to be repeated in 2025/26, although it remains a core focus. Warhammer 40,000 and Warhammer generally is bigger than it’s ever been, and based on these results, it’s not slowing down any time soon.
Games Workshop recently held its annual Warhammer Skulls showcase, and we’ve got all the announcements and trailers right here. Highlights include a Definitive Edition of Dawn of War and Siege mode for Space Marine 2.
Photo by Uli Deck/picture alliance via Getty Images.
Wesley is Director, News at IGN. Find him on Twitter at @wyp100. You can reach Wesley at [email protected] or confidentially at [email protected].
