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Borussia Dortmund
Borussia Dortmund (BVB) investor relations material
Borussia Dortmund Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary15 May, 2026
Executive summary
Revenue for Q1–Q3 2025/2026 was €371.4M, down €22M year-over-year; net profit fell to €5.9M from €12.9M.
EBITDA rose to €94.1M from €88.3M, but EBIT dropped to €9.5M from €14.9M year-over-year.
Elimination from the UEFA Champions League knockout phase led to a downward revision of full-year earnings guidance.
Major sponsorship changes included Vodafone as new kit sponsor and extended deals with PUMA and other partners.
Significant player transfers and contract extensions shaped the squad and financials.
Financial highlights
Revenue for Q1–Q3 2025/2026: €371.4M (down from €393.3M year-over-year).
Net profit for Q1–Q3 2025/2026: €5.9M (down from €12.9M year-over-year).
EBITDA: €94.1M (up from €88.3M year-over-year); EBIT: €9.5M (down from €14.9M).
Free cash flow: €0.7M (down from €2.5M year-over-year).
Net transfer income rose to €55.1M from €34.8M year-over-year.
Outlook and guidance
Full-year net result revised to a loss of €12M–€22M due to early Champions League exit.
Previous guidance was for breakeven; all financial indicators negatively impacted by cup elimination.
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Next Borussia Dortmund earnings date
Q4 202625 Sep, 2026
Borussia Dortmund
Next Borussia Dortmund earnings date
Q4 202625 Sep, 2026
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