Business · Markets · 3 hrs ago
Games Workshop Shares Fall Despite Record Profits
Games Workshop, the UK company behind Warhammer 40,000, has seen its share price fall 13.76% over six months, even as it reported record profits.
Investors appear concerned about whether the company can keep growing as manufacturing and logistics costs rise.
Some commentators have blamed the reception of the latest Warhammer 40,000 edition, but the company has not published data supporting that claim.
Games Workshop said trading through August 30 was in line with its board’s expectations for the financial year.
Financial coverage also pointed to slower retail growth per store and a confidential research document said to raise questions about future growth.
The share-price drop does not, by itself, show that the company is in trouble, and its shares were up 1.22% at the time of publication.
Future projects include the video games Total War: Warhammer 40,000 and Space Marine 3, as well as an Amazon Warhammer 40,000 series led by Henry Cavill.
Games Workshop shares have fallen 13.76% over six months despite the company reporting record profits.
The decline has wiped hundreds of millions of pounds off the company’s value.
Investors appear concerned about rising manufacturing and logistics costs and the company’s ability to keep growing.
Games Workshop said trading to August 30 was in line with the Board’s expectations for the current financial year.
The article says there is no official data supporting claims that the latest Warhammer 40,000 edition underperformed.
- Who
- Games Workshop, the maker of Warhammer 40,000.
- What
- Its share price fell 13.76% over six months despite record profits.
- When
- The share-price decline was measured over the six months before the article was published on October 12, 2026.
- Where
- Not stated
- Why
- Investors appear nervous about the company’s ability to keep growing amid rising manufacturing and logistics costs.
Investor concerns
Games Workshop
Growth
Investor concerns
Investors are uneasy about the potential for slowing growth.
Games Workshop
The company said trading to August 30 was in line with the Board’s expectations for the current financial year.
trading to August 30 was “in line with the Board’s expectations for the current financial year.
Games Workshop later said trading up to this date was in line with the Board’s expectations for the current financial year.
Games Workshop issued an update on trading.
The Financial Times and The Times published reports about the company’s prospects and a confidential Dragoneye document.
At the time of IGN’s article, Games Workshop’s share price was up 1.22%.
- Six-month share-price change
- Down 13.76%
- Five-year share-price change
- Up more than 70%
- Dragoneye document
- The Times reported it had wiped £480 million (approximately $635 million) off the company’s value.
- Trading update
- Trading to August 30 was in line with the Board’s expectations for the current financial year.









