Inter Milan achieved a net profit of €22.7 million for the 2025-26 financial year, marking a second consecutive positive result under Oaktree’s ownership. This profit is a decrease from the previous year’s €35.4 million, primarily due to financial benefits from reaching the Champions League final and participating in the expanded Club World Cup during that period.
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Revenue fell to €517.7 million from €567 million, though this remains the second-highest turnover in the club’s history. A significant drop in UEFA television income contributed to this decline, which almost halved from €136.8 million to €73.8 million. Additionally, the €31.4 million earned from the Club World Cup in the previous year was not replicated.
Commercial revenue saw an increase to €150.8 million, while player trading generated €33.1 million, including €19.9 million in capital gains. Matchday income fell to €92 million, but other revenue rose to €72.9 million, bolstered by a €22.3 million share of the settlement concerning international TV rights between Serie A, its clubs, and IMG from 2008 to 2018.
On the expenditure side, operating costs decreased by 4% to €462.8 million. Staff costs fell to €239.7 million, reflecting reduced spending on coaching and performance bonuses, even as players' wages rose from €154.6 million to €161 million. Amortization expenses also decreased to €79.9 million.
Net financial costs dropped significantly by over 50% to €16.8 million following the refinancing of the club’s bond, mitigating some impacts from the revenue decline. Inter’s consolidated equity improved to €10.4 million from a negative €12.3 million a year earlier, though total debt increased slightly to €665.4 million, including €346.8 million in bonds. Cash reserves remained stable at around €120 million.