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Borussia Dortmund (BVB) investor relations material
Borussia Dortmund Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary14 Nov, 2025
Executive summary
Undefeated start in Bundesliga, second place after five match days with 13 points.
Advanced in DFB Cup and reached quarter-finals in FIFA Club World Cup, earning €11.15 million.
New major sponsorships with Vodafone, Polestar, REWE, and Konami; extended PUMA contract.
Head coach Niko Kovač extended contract to 2027.
Published first CSRD-compliant sustainability statement among German football clubs.
Financial highlights
Revenue stable at €107.0 million, nearly unchanged year-over-year.
Consolidated total operating proceeds rose to €175.3 million, up €33.9 million from prior year.
Net profit surged to €22.9 million from €1.6 million year-over-year.
EBITDA more than doubled to €54.3 million; EBIT up to €26.5 million from €1.2 million.
Free cash flow improved to €16.6 million from negative €24.3 million.
Outlook and guidance
Full-year revenue forecast at €475 million; total operating proceeds at €555 million.
EBITDA guidance for the year: €105–115 million; EBIT and net profit expected between -€5 million and €5 million.
No changes to forecast or risk assessment since last annual report.
Impact of Q1 player transfers on full-year profit forecast
How new sponsorships offset DFL TV income decline
Implications of new free cash flow KPI for liquidity
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Next Borussia Dortmund earnings date
Q2 202613 Feb, 2026
Next Borussia Dortmund earnings date
Q2 202613 Feb, 2026
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Frequently asked questions
Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien, commonly known as Borussia Dortmund or BVB, is a professional sports club based in Dortmund, Germany. Primarily known for its football team, Borussia Dortmund competes in the Bundesliga, Germany's top-tier football league. The company is headquartered in Dortmund, Germany, and its shares are listed on the Frankfurt Stock Exchange.
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