Key facts
- Aardman reported a £1.1 million loss for the financial year, an improvement on the prior year's £4.1 million loss.
- Revenues increased by 8% to £20.4 million.
- The studio's headcount decreased from 297 to 230 employees.
- AI and generative AI were identified as principal risks and uncertainties.
Aardman, the employee-owned British animation studio behind Wallace & Gromit, failed to achieve its goal of returning to profit in 2025. The company reported a loss of £1.1 million on revenues of £20.4 million for the year, an improvement from the previous year's £4.1 million loss. Production delays and a challenging market for children's content were cited as reasons for falling short of the profit target. Aardman has implemented a five-year business plan involving increased investment in intellectual property and cost-cutting measures, which have led to a reduction in staff numbers. The studio also acknowledged artificial intelligence as a significant risk and uncertainty, emphasizing the need for responsible development that supports human creativity.