Real Madrid’s financial engine keeps revving higher. The club confirmed total revenue of €1.221 billion for the 2025/26 season, a three percent jump from the year before and a record fifth consecutive year of growth.
A one-time €23.5 million gain from a resolved legal issue helped push the number past the symbolic €1.2 billion line. Even without it, Madrid would still have comfortably outpaced every other club on the continent when it comes to income.
The Bernabeu boost
The renovated Santiago Bernabeu Stadium was the major driver, contributing €363 million in revenue. That’s more than double what the club earned from the stadium before the redevelopment.
Matchday sales, premium fan experiences, and long-term seat licenses fueled the growth. Fans who bought seat licenses now have the right to season tickets for the next three decades.
Setbacks and debt
But the stadium didn’t hit the revenue targets Madrid had predicted. Restrictions on concerts due to noise complaints cut into expected income. Spain’s Supreme Court also recently stopped plans for two adjacent parking facilities that were meant to generate steady long-term income.
Still, Madrid insists those setbacks won’t dent the club’s financial position. Club officials say the long-term upside of a modernized Bernabeu will outweigh the current challenges, even as stadium-related debt climbs past €1.1 billion.
EBITDA—the club’s earnings before interest, taxes, depreciation, and amortization—also hit a record €287 million, up 18% from the previous year. That number includes profits from player sales, which other clubs sometimes report differently.
For now, Madrid’s financial success has not been matched on the pitch. The team missed out on major trophies this season, but on paper, the club is stronger than ever.