Gear4music reports strong revenue growth
Gear4music has delivered strong first half revenue growth as it benefits from improved marketing capabilities and inventory availability.
In the six months to 30 September, total revenue rose by 31% to £80.7 million, with UK revenue up 31% to £49.6 million. Revenue from Europe and the rest of the world also grew by 31% to £31.1 million.
The musical instrument retailer’s momentum strengthened through the period, with revenue growth across the business accelerating from 27% in the first quarter to 34% in the second.
EBITDA for the half year is expected to be no less than £6.5 million, more than double the figure recorded in the same period last year.
Andrew Wass (pictured), Gear4music’s executive chair, said: “We are pleased to report that the strong sales momentum highlighted in our previous updates has continued, with group revenues for the six months to 30 September 2025 (FY26 H1) up 31% year-on-year.
“This robust performance reflects the clear benefits of our refreshed growth strategy, including enhanced marketing capabilities and improved inventory availability, alongside a more favourable competitive environment across both our UK and European markets.”
Subscribe to TRBLooking ahead to the outcome of its full year, Gear4music said it now expects EBITDA to come in ahead of consensus market expectations at not less than £13.7 million.
Wass added: “Although the critical peak trading period is still ahead, the strength of year-to-date trading gives the board further confidence to again raise its expectations for the group’s financial performance for the year ending 31 March 2026, following the upgrades announced in June 2025 and September 2025.”
