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Celtic (CCP) investor relations material
Celtic H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Secured the 2025/26 SPFL Premiership and Scottish Cup, completing a domestic double.
Participated in the UEFA Europa League, reaching the knockout phase play-off.
Experienced significant management changes, including the departure of Brendan Rodgers and the return of Martin O'Neill.
Women's team won the Scottish Cup and started the new season strongly.
Financial highlights
Group revenue fell 22.7% year-over-year to £111.0m (2025: £143.6m), mainly due to Europa League participation instead of the Champions League.
Operating expenses rose 4.3% to £122.1m (2025: £117.1m), driven by higher wages.
Loss before tax of £6.6m (2025: profit of £45.7m); loss after tax of £4.8m (2025: profit of £33.9m).
Gain on sale of player registrations dropped to £16.0m (2025: £31.5m); player acquisitions were £15.6m (2025: £38.6m).
Year-end cash decreased to £66.4m (2025: £77.3m).
Outlook and guidance
Early 2026/27 season saw a strong league start but disappointment in Champions League qualification and League Cup exit.
Focus remains on domestic success and Europa League performance.
Continued investment in squad and training facilities, with new player signings post year-end totaling £31.6m.
- Revenue and profits declined sharply due to lower European competition income and management changes.CCP
H1 2026 - Record revenue and profit, robust cash, and major squad and infrastructure investment.CCP
H2 2025 - Revenue up, profit down; major investments in squad and infrastructure, strong cash position.CCP
H2 2024 - Profit before tax surged 45% to £43.9m, led by record player trading gains.CCP
H1 2025
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