alfred_the_great Posted 7 hours ago Share Posted 7 hours ago https://assets.ctfassets.net/ost7hseic9hc/1C4g3JYVr04ZCkPb39ygIA/8cc29aed02e772ad1f77aa2bd44e24f4/Accounts_2025-26_FINAL.pdf As ever, an interesting read, but I can’t do justice to in the same way others do, so I’ll leave it to you to read. MoriyaSchism 1 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/ Share on other sites More sharing options...
Lord Marshal Posted 6 hours ago Share Posted 6 hours ago Another record year? But... the youtubers told me they were on the brink of total collapse! Next quarter for sure. Focslain, andes, Vassakov and 3 others 6 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180793 Share on other sites More sharing options...
kabaakaba Posted 6 hours ago Share Posted 6 hours ago Ain't they said this for idk? 5 year? Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180794 Share on other sites More sharing options...
alfred_the_great Posted 5 hours ago Author Share Posted 5 hours ago 38 minutes ago, Lord Marshal said: Another record year? But... the youtubers told me they were on the brink of total collapse! Next quarter for sure. Or maybe the one after that? Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180796 Share on other sites More sharing options...
sarabando Posted 4 hours ago Share Posted 4 hours ago record profits do not indicate a healthy company just a profitable one. Dezron, Dalmyth, RadioActiveJellyFish and 4 others 6 1 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180800 Share on other sites More sharing options...
Xenith Posted 4 hours ago Share Posted 4 hours ago 7 minutes ago, sarabando said: record profits do not indicate a healthy company just a profitable one. It's the other bits like zero debt that show the health! Casual Heresy, RadioActiveJellyFish, Dalmyth and 2 others 1 4 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180801 Share on other sites More sharing options...
Joe Posted 4 hours ago Share Posted 4 hours ago Be curious to see @N1SB's breakdown. That said, having given the report a quick glance the figures don't surprise me - operational costs continue to trend upwards at an alarming rate (across the board - raw materials, staff wages, utilities, shipping, etc), which leads to annual price increases. iirc, they were operating on an increased 1% profit overall post-costs last year? Factory 4 - I swear this was due to be open by April / May? Sounds like it's running a bit behind, which is honestly just par for the course with any construction work in the UK. Although it does seem that it's largely the fitting of moulding equipment and the tooling room that's outstanding now. 01RTB01 1 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180802 Share on other sites More sharing options...
alfred_the_great Posted 4 hours ago Author Share Posted 4 hours ago We should probably merge this with the other one on the side. DemonGSides 1 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180805 Share on other sites More sharing options...
Waaagh? Posted 4 hours ago Share Posted 4 hours ago They've got Mike Flannigan on board for the Warhammer Amazon stuff!!!!!! That's amazingly cool, I love the stuff he's done. Madao 1 Back to top Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180806 Share on other sites More sharing options...
Flaherty Posted 4 hours ago Share Posted 4 hours ago The company is doing great. One stat jumped out: They're spending more on IT (£24.1 m) than the entire creative studio (£21.9m) They're spending more on the IT crowd (£7.9m) than on manufacturing tooling (£7.6m). Citations from the report: "In 2025/26 we invested £21.9 million in the Warhammer studio with a further £7.6 million spent on tooling" "Total IT costs have increased by £2.0 million to £24.1 million including increases in staff costs of £1.0 million (from £6.9 million to £7.9 million) and increases in software and related costs of £1.9 million (from £6.9 million to £8.8 million), including software purchased on multi-year contracts, offset by a reduction in consultancy costs of £0.9 million (from £4.0 million to £3.1 million)." Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180809 Share on other sites More sharing options...
Ripper.McGuirl Posted 3 hours ago Share Posted 3 hours ago 34 minutes ago, Waaagh? said: They've got Mike Flannigan on board for the Warhammer Amazon stuff!!!!!! That's amazingly cool, I love the stuff he's done. That’s an interesting choice, he’s mostly a horror guy. Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180811 Share on other sites More sharing options...
Flaherty Posted 3 hours ago Share Posted 3 hours ago Also, if they're just starting scripts now, we probably won't see anything until 2029 at the very earliest. Cavill is going to age out of Titus and into Malcador before all is said and done. Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180815 Share on other sites More sharing options...
darkhorse0607 Posted 3 hours ago Share Posted 3 hours ago It tickles me to death that at least two of their major animation projects are Deathwatch focused A faction that they've neutered down to one kit with weird options Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180819 Share on other sites More sharing options...
phandaal Posted 1 hour ago Share Posted 1 hour ago 4 hours ago, Lord Marshal said: Another record year? But... the youtubers told me they were on the brink of total collapse! Next quarter for sure. Two things are constant with GW: - Record profits, business is booming, it's a great day to be a shareholder - Times are tough, gotta raise the prices again, can't be helped Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180835 Share on other sites More sharing options...
Chronotonic Posted 1 hour ago Share Posted 1 hour ago 4 hours ago, Lord Marshal said: Another record year? But... the youtubers told me they were on the brink of total collapse! Next quarter for sure. Always 3rd quarter Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180837 Share on other sites More sharing options...
HeadlessCross Posted 2 minutes ago Share Posted 2 minutes ago 3 hours ago, darkhorse0607 said: It tickles me to death that at least two of their major animation projects are Deathwatch focused A faction that they've neutered down to one kit with weird options Weird options? You're telling me you're not a fan of rolling 7 different weapons for a single shooting activation? Link to comment https://bolterandchainsword.com/topic/388299-gw-fy2526-annual-report/#findComment-6180846 Share on other sites More sharing options...
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