Barcelona reports record €1.06 billion revenue despite €18 million loss

Barcelona crossed the €1 billion revenue mark for the first time, but the record income did not prevent the club from ending the 2025-26 financial year with an €18 million net loss.

The figures appear in the financial summary sent to club members ahead of an online assembly on Sept. 19, where delegates must approve the accounts. Barcelona recorded €1.06 billion in revenue, €66 million more than the previous year, while operating expenses rose 6% to €1.022 billion. After tax, the club reported a loss of €18 million. Excluding extraordinary items, however, the ordinary result was positive by €200,000.

Debt also increased. Net debt under the Spanish league’s accounting criteria stood at €607 million on June 30, 2026, up €138 million, or 29%, from €469 million a year earlier.

The return of the first team to Spotify Camp Nou helped drive revenue from stadium operations up 29%, from €175 million to €225 million. The team had spent three seasons at the Estadi Olímpic Lluís Companys, and its partial return to the Les Corts stadium boosted income from the venue. Commercial revenue rose 11%, from €473 million to €527 million, including a club-record €265 million in sponsorships and a record €208 million in merchandising through Barça Licensing & Merchandising, which manages the club’s stores, online sales, wholesale activity and licensed products.

Transfers and loan operations generated €43 million through player sales and variable payments from earlier deals. Expenses increased partly because sporting wages rose 7% after first-team player renewals, non-sporting salaries rose 9%, and management costs rose 12%, particularly marketing expenses. The club also recorded two extraordinary operations, including the sale of Personal Seating Licenses at Spotify Camp Nou for an updated value of €9.5 million. The supplied financial summary ends while describing a second extraordinary operation involving an impairment charge.