Wednesday, 29 July 2026

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Real Madrid surpasses $1.288 billion in historic revenue

Real Madrid reports $1.288 billion in revenue, a world record in sports, driven by the new Bernabéu and marketing.

Álvaro Sáez FerrerÁlvaro Sáez Ferrer· · 3 min read

The club presided over by Florentino Pérez becomes the first sports entity to surpass $1.288 billion in annual revenue without player transfers. The new Santiago Bernabéu and commercial agreements boost the accounts.

Real Madrid has made history once again, but this time off the pitch. The entity led by Florentino Pérez has presented the economic results for the 2025-26 season, and the figure that stands out the most is the total revenue: $1.288 billion, excluding player sales. Never before has a sports club reached that amount in a single financial year.

The increase compared to the previous year is 3.1%, but what is significant is that Real Madrid becomes the first sports institution in the world to surpass the $1.2 billion barrier in annual revenue without counting transfers. A milestone that reinforces its position as a global financial leader.

The club has also recorded a net profit of $29 million, marking the 26th consecutive season with a surplus. This streak demonstrates stable and sustained economic management, even in an increasingly demanding market context.

The operating result before depreciation reached $326 million, while net assets exceed $709 million. These figures consolidate the Madrid team as one of the clubs with the greatest financial solidity on the planet.

A significant part of this success can be attributed to the transformation of the new Santiago Bernabéu. The stadium renovation has involved a cumulative investment close to $1.6 billion, but the results are already beginning to justify the expenditure. Revenue generated by the stadium grew by 11%, reaching approximately $413 million.

The Bernabéu has ceased to be just a football field and has become a multi-purpose entertainment complex. Concerts, corporate events, and other commercial activities have multiplied its profitability, and this trend is expected to continue to rise in the coming years.

The marketing area has also been key. Thanks to the renewal of significant commercial agreements and the arrival of new sponsors, this division generated around $613 million. The Real Madrid brand remains a magnet for large companies, ensuring a constant flow of income.

While other European clubs struggle to balance their accounts or rely on major sales to survive, Real Madrid seems to operate in another dimension. Its economic model, based on leveraging its own assets and strengthening its global brand, allows it to maintain a stability that few can match.

This scenario also explains why the club can continue to be a key player in the transfer market without jeopardising its financial health. During the last season, it allocated nearly $183 million to new signings, and still has enough liquidity to continue strengthening the squad.

With controlled debt —excluding that related to the stadium renovation— significant lines of credit available, and a steady flow of commercial resources, Real Madrid has the tools to keep growing. The challenge now will be to convert that economic advantage into new sporting successes.

The figures presented make it clear that the white team is already playing in a different league when it comes to business. While many clubs try to catch up, Real Madrid continues to raise the financial bar of world football.

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Iber Empresa escribe de economía y fiscalidad.