Real Madrid Reports Record Revenue, Hits EURO1.2 Billion in Annual Operating Revenue

Real Madrid has cemented its status as a powerhouse by becoming the first sports organisation in history to generate more than UERO1.2 billion in annual operating revenue, delivering record financial results for the 2025/26 season.

Approved by the club’s board of directors, the annual accounts reveal that operating revenue excluding player transfers reached EURO1.22 billion, marking a 3.1 per cent increase compared with the previous financial year and setting a new global benchmark for professional sports earnings.

Real Madrid: Best Operating Profitability of All Time 

Earnings before interest, taxes, depreciation, and amortisation surged 18 per cent to EURO287.400 million, while earnings before asset disposals reached two hundred and EURO42.900 million.

Net profit after tax totalled EURO26.3 million, representing an 8 per cent year-on-year increase and extending Real Madrid’s remarkable run of profitable financial years to twenty-six consecutive seasons dating back to 2000.

The ongoing transformation of the redeveloped Santiago Bernabéu remains a primary driver of the club’s financial expansion. Stadium revenue increased 11 per cent during the 2025/26 campaign to EURO363 million, more than double the EURO1.75 million generated during the final season before redevelopment commenced in 2018/19.

Simultaneously, marketing revenue expanded 6 per cent to EURO539 million, underpinned by newly secured global sponsorship agreements. Since the 2018/19 financial year, total operating revenue has surged 61 per cent, with the organisation noting that 93 per cent of that cumulative growth stems directly from operations managed internally, including stadium events and commercial activities.

Reinvestment Into High-Performance Assets Remains A Priority 

During the 2025/26 financial period, Real Madrid allocated EURO161 million toward new player acquisitions alongside one hundred and ninety-two million euros directed into sporting infrastructure, advanced technology, and squad development.

Cumulative capital expenditure on the Santiago Bernabéu redevelopment has reached EURO1.48 million, though outstanding project borrowings have decreased to EURO 1.18 billion. Excluding the stadium project, the club closed the financial year maintaining EURO624 million in equity, EURO82.8 million in cash, minimal net debt of EURO8.7 million, a pristine 0.0x net debt-to-EBITDA ratio, and EURO475 million in undrawn credit facilities, while contributing three hundred and fifty-four million eight hundred thousand euros in taxes and social security payments.

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