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Online musical instrument retailer Gear4music has reported a 30% increase in total sales to £190.7m for the year ended 31 March 2026.
The results exceeded recently upgraded market expectations following the execution of a revised growth strategy.
The group expects to report a profit before tax of not less than £9.7m, up from £1.6m the previous year. EBITDA is also expected to be at least £18.1m, an increase from £10m in 2025.
Regionally, UK sales grew by 26% to £114.1m, while international sales across Europe and the rest of the world rose 36% to £76.6m.
The retailer launched several technical projects during the year, including an AI-based inventory forecasting platform and a website chatbot.
A new digital promotions centre was also introduced to provide targeted customer incentives.
The group stated that FY27 trading to date is in line with market expectations and that strong revenue growth has continued into April 2026.
Gear4music also completed the lease for a new UK warehouse on 1 April 2026, as scheduled.
Andrew Wass, executive chair, said: “We are pleased to report that strong revenue growth continued during Q4 FY26, contributing to an excellent full-year financial performance, driven by the execution of our revised growth strategy announced in June 2024.
“Higher revenues and improved gross margins, combined with disciplined cost control, have driven at least an 80% increase in EBITDA in FY26 and a significant improvement in profit before tax to at least £9.7m, up from £1.6m in FY25.”
Wass added: “The lease for the new UK warehouse completed as scheduled on 1 April 2026, with fit-out works now underway and progressing on schedule and within budget. The new facility will provide the additional capacity and efficiency required to support future UK growth.”
