AFC AJAX (AJAX) Q2 2026 earnings summary

Executive summary

• Net revenue increased by €17.3 million (18%) to €110.6 million, mainly due to higher European competition premiums from Champions League participation compared to Europa League last year.

• Operating loss improved by €7.1 million to €0.1 million, driven by higher transfer results and improved operational performance.

• Net profit reached €16.4 million, reversing a €15.9 million loss in the same period last year, mainly due to higher transfer income.

Financial highlights

• Net revenue: €110.6 million (up from €93.3 million year-over-year).

• Operating expenses: €110.7 million (up from €100.6 million year-over-year).

• Transfer result: €43.6 million (up from €5.6 million year-over-year).

• Net profit: €16.4 million (vs. €-15.9 million year-over-year).

• Earnings per share: €0.89 (vs. €-0.87 year-over-year).

Outlook and guidance

• Expectation of improved operational and transfer results for the full 2025/2026 season, supported by Champions League participation and realized transfer results.

• Some financial setbacks noted, including compensation for a suspended match and coach dismissal.