Real Madrid, giants of Spanish and European soccer, have posted record revenues for the 2025-26 season, topping the €1 billion ($1.1 billion) mark for the third consecutive season.
The LaLiga club’s revenue, excluding player transfers, reached €1.22 billion, up 3.1% from the 2024-25 financial year.
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The figure shows Real Madrid has surpassed the €1.2 billion barrier for the first time, which it claims is the highest amount any sports organization in the world has achieved to date.
This growth comes primarily from the club’s business units, with stadium revenue up 11% and marketing revenue climbing 6%, “driven by the renewal of the main sponsorship contracts and the addition of new sponsors.”
Since 2018-2019, Real Madrid’s income has grown by 61%, but 93% of that growth has come from revenue managed directly by the club.
Stadium revenue, for example, has doubled (up 107%) compared with 2018-2019, the last financial year before the works began to renovate the iconic Santiago Bernabeu stadium.
The club stated that the stadium’s revenue is now more than twice the revenue before the renovation.
Earnings before interest, taxation, depreciation, and amortization (EBITDA) were up 18% from the previous year, reaching €287.4 million, the highest EBITDA in the club's history.
Profit after tax came to €26 million, 8% more than in 2024-2025. With this result, the club has now recorded a profit for 26 consecutive financial years since 2000.
Despite success off the pitch, Real Madrid endured another poor season in 2025-26, the second consecutive campaign in which they failed to win a trophy.
Domestically, they again finished second in LaLiga, were knocked out early in the Copa del Rey cup competition by second-tier side Albacete and lost to fierce rivals Barcelona in the Spanish Super Cup final.
The team fell out of the lucrative pan-European UEFA Champions League at the quarter-final stage for a second straight season, losing to Bayern Munich.
In terms of recent Real Madrid commercial activity, the club extended their lucrative front-of-shirt and kit supply agreements with Emirates Airline and German sportswear giant Adidas, respectively.
Announced last month, the new deal with Adidas is an eight-year extension running until 2034, while Emirates remains Real Madrid's primary partner for another five seasons, through 2030-31.
The Emirates renewal is reportedly worth close to €100 million annually.
Earlier this month, the Madrid outfit also renewed their partnership with domestic banking firm Unicaja.
Real Madrid will begin their 2026-27 LaLiga campaign on August 22 against Espanyol.
