Borussia Dortmund reported a consolidated net loss of €21.7 million for the 2025/26 fiscal year, reversing a €6.5 million profit in the prior period, after the Bundesliga club was eliminated in the Champions League Round of 16.
The club cited a 12.5% year-over-year decline in total revenue to €460.5 million, primarily driven by a sharp contraction in broadcasting income. Borussia Dortmund had reached the Champions League quarterfinals in the previous season, whereas this year’s early exit limited commercial and television earnings. Advertising revenue, however, continued to grow, partially offsetting the shortfall.
Player transfer activity provided further support, with net proceeds from sales rising to €59.3 million from €37.8 million a year earlier. The club also trimmed personnel costs, further stabilizing the financial position.
For the 2026/27 season, Borussia Dortmund projected a narrow profit range of zero to €10 million, though the outlook remains contingent on sporting performance and potential transfer-market activity, the company stated.
