{"id":2149142,"date":"2026-01-20T07:59:14","date_gmt":"2026-01-20T07:59:14","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2149142"},"modified":"2026-01-20T07:59:14","modified_gmt":"2026-01-20T07:59:14","slug":"online-music-giant-strikes-a-winning-chord-with-revenue-surge","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2149142-online-music-giant-strikes-a-winning-chord-with-revenue-surge","title":{"rendered":"Online music giant strikes a winning chord with revenue surge"},"content":{"rendered":"<p style=\"font-weight: 400\">Gear4music hit a high note over its peak trading season, delivering strong revenue growth and pushing full-year earnings ahead of recently upgraded board expectations.<\/p>\n<p style=\"font-weight: 400\">The York-based online retailer of musical instruments and equipment reported total revenue of \u00a364.6m for the three months to 31 December 2025, up 32% from \u00a349.0m a year earlier. UK sales rose 27% to \u00a337.8m, while European and rest-of-world revenue jumped 39% to \u00a326.8m, underscoring the strength of its international platform.<\/p>\n<p style=\"font-weight: 400\">Profitability also improved, with gross margin rising to 29.0% from 28.1% and gross profit increasing \u00a35.0m to \u00a318.7m. Full-year EBITDA is now expected to come in at no less than \u00a317.7m, ahead of market consensus.<\/p>\n<p style=\"font-weight: 400\">Operationally, the group is investing in long-term growth. Gear4music has signed a 15-year lease for a new UK warehouse near York, expanding capacity from FY27 as the current facility nears full utilisation. Capital expenditure for the automated warehouse has been rephased to \u00a310.2m in FY27 and \u00a38.5m in FY28, easing near-term financial impact and reducing borrowing requirements.<\/p>\n<p style=\"font-weight: 400\">Executive Chair Andrew Wass said the strong trading reflected broad-based demand across all regions and the continued appeal of the group\u2019s proposition. He added that the quality of cash-generative growth was translating into profitability ahead of expectations.<\/p>\n<p style=\"font-weight: 400\">Despite ongoing macroeconomic and consumer uncertainty, Gear4music said momentum remains strong and the business is well positioned to continue delivering disciplined, sustainable growth. The board has accordingly upgraded expectations for FY26, FY27, and FY28.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK\u2019s biggest online music retailer struck a winning chord over the peak season, with total revenue up 32% and full-year earnings now set to beat expectations, driven by strong UK and international sales.<\/p>\n","protected":false},"author":271992,"featured_media":2085891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120781,47995],"coauthors":[137100],"class_list":["post-2149142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","category-retail","tag-featured-story","tag-yorkshire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Online music giant strikes a winning chord with revenue surge | TheBusinessDesk.com<\/title>\n<meta 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