York music retailer Gear4music reports 6% revenue growth to £85.4m

Summarised from 2 outlets · Updated 27 Oct, 17:02 · Archive

Gear4music, the UK's largest online musical instruments retailer based in York, reported half-year revenues of £85.4 million, up six per cent year-on-year.

York-based Gear4music, the largest UK online retailer of musical instruments and music equipment, has reported revenue of £85.4 million for the six months ending September 30, 2026, up six per cent from the same period in 2025. UK revenue increased three per cent to £51 million, while European and rest-of-world revenue rose eleven per cent to £34.4 million.

Gross profit for the period reached £23.6 million, up from £22.6 million the previous year, though the company expects a gross margin of 27.6 per cent, slightly down from 28 per cent. Projected EBITDA of £5.7 million compares to £6.5 million in 2025, a decline reflecting setup costs for the company's new automated UK warehouse.

Andrew Wass, executive chair, said the company was 'pleased to report further revenue and gross profit growth' and that its 'performance reflects the strength of our customer proposition in a challenging environment for discretionary consumer spending'. He added that the board continued to expect financial performance for the year ending 31 March 2027 to be in line with consensus market expectations, which include revenue of £200.2 million and EBITDA of £16 million.

York music retailer Gear4music reports 6% revenue growth to £85.4m — Image: The Press (York)

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How it is being reported

Major York firm reports revenues up to £85.4m but warehouse costs hitGear4music has reported stronger sales in its latest half yearly report.The Press (York) · 27 Oct, 16:00
Major York firm reports revenues up to £85.4m but warehouse costs hitGear4music has reported stronger sales in its latest half yearly report.Gazette & Herald (Malton) · 27 Oct, 16:00

In this story: Gear4music · York · Andrew Wass

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