Gymshark enjoys 13th consecutive year of sales growth

Revenues for the gymwear brand rose 7% from £603m to £646m in the year to July 31, 2025, and EBITDA experienced double-digit growth to £53.3m.

Gymshark reported its pre-tax profit had slipped to £7m, which it said was intentional and related to new store openings and providing free events for consumers.

It closed the year with a cash position of over £37m and inventory worth over £117m. 

Gymshark founder and chief executive Ben Francis said the company continues to “invest all of our profits back into the business”.

“We are really, really investing in the long term of our brand, and we’ve opened up stores in Dubai, Manchester, Amsterdam, Long Island, and most recently, our first ever flagship in the United States in New York City.”

The brand also announced its wholesale partnership with Dick’s Sporting Goods last October, providing an extra dozen points of sale across America.

“We are investing in building a truly long-term brand. We are investing in building a globally iconic British brand that can stand the test of time,” Francis said.

He shared that Gymshark had also been funding an “extra secret project”, which the brand will be announcing in the coming months.

Francis added: “Fiscal 25 was a really strong year for us, and it was a year where we were laying down the foundations for our future growth as a business. 

“Our ambition remains to be one of the most iconic, authentic, credible, and respected brands to have ever come out of the United Kingdom.” 

“We are incredibly proud of everything that we managed to achieve in fiscal year 25, and what we’ve seen since is that these investments are really starting to come through, really starting to shine, and I believe that we are building something special and really stand the test of time.”