Growth Metrics

Manchester United (MANU) Change in Intangibles (2015 - 2025)

Manchester United (MANU) posted Change in Intangibles of $23.4 million for Q4 2025, down 72.39% on a QoQ basis from $84.8 million in Q3 2025, and up 216.21% year-over-year from $7.4 million in Q4 2024.

Manchester United (MANU) has 11 years of Change in Intangibles data on file, last reported at $23.4 million in Q4 2025.

  • In Q4 2025, Change in Intangibles rose 216.21% year-over-year to $23.4 million; the TTM figure through Dec 2025 stood at $120.5 million (up 117.55% YoY), while the FY2025 annual figure was $65.1 million, up 39.27% from the prior year.
  • Change in Intangibles declined to $23.4 million in Q4 2025, from $84.8 million in the prior quarter.
  • Across five years, Change in Intangibles topped out at $84.8 million in Q3 2025 and bottomed at $961812.2 in Q2 2024.
  • A 5-year average of $16.5 million and a median of $11.2 million in 2022 frame the typical range for Change in Intangibles.
  • Annual changes were most pronounced in 2024 — Change in Intangibles tumbled 93.48% — and 2025, when it soared 545.1%.
  • Year by year, Change in Intangibles stood at $2.6 million in 2021, then declined by 6.73% to $2.4 million in 2022, then jumped by 304.31% to $9.8 million in 2023, then declined by 24.59% to $7.4 million in 2024, then soared by 216.21% to $23.4 million in 2025.
  • The last three Change in Intangibles figures came in at $23.4 million (Q4 2025), $84.8 million (Q3 2025), and $6.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn -
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn -
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -
5 Fox 26.01 Bn 22.51 Bn - -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn -
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn -
8 News 16.98 Bn 15.50 Bn - -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn -
10 Manchester United 701,571.55 -116.80 Mn - 23.42 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 23.42 Mn
Dec 31, 2025 23.42 Mn
Sep 30, 2025 84.82 Mn
Sep 30, 2025 84.82 Mn
Jun 30, 2025 6.20 Mn
Jun 30, 2025 6.20 Mn
Mar 31, 2025 6.05 Mn
Mar 31, 2025 6.05 Mn
Dec 31, 2024 7.41 Mn
Dec 31, 2024 7.41 Mn
Sep 30, 2024 43.61 Mn
Sep 30, 2024 43.61 Mn
Jun 30, 2024 961,812.21
Jun 30, 2024 961,812.21
Mar 31, 2024 3.40 Mn
Mar 31, 2024 3.40 Mn
Dec 31, 2023 9.82 Mn
Dec 31, 2023 9.82 Mn
Sep 30, 2023 32.51 Mn
Sep 30, 2023 32.51 Mn
Jun 30, 2023 14.75 Mn
Jun 30, 2023 14.75 Mn
Mar 31, 2023 7.41 Mn
Mar 31, 2023 7.41 Mn
Dec 31, 2022 2.43 Mn
Dec 31, 2022 2.43 Mn
Sep 30, 2022 13.74 Mn
Sep 30, 2022 13.74 Mn
Jun 30, 2022 12.68 Mn
Jun 30, 2022 12.68 Mn
Mar 31, 2022 9.70 Mn
Mar 31, 2022 9.70 Mn
Dec 31, 2021 2.60 Mn
Dec 31, 2021 2.60 Mn
Sep 30, 2021 15.28 Mn
Sep 30, 2021 15.28 Mn
Jun 30, 2021 19.45 Mn
Jun 30, 2021 19.45 Mn
Mar 31, 2021 13.65 Mn
Mar 31, 2021 13.65 Mn
Dec 31, 2020 3.95 Mn
Dec 31, 2020 3.95 Mn
Sep 30, 2020 24.77 Mn
Sep 30, 2020 24.77 Mn
Jun 30, 2020 4.70 Mn
Jun 30, 2020 4.70 Mn
Mar 31, 2020 4.13 Mn
Mar 31, 2020 4.13 Mn
Dec 31, 2019 5.82 Mn
Dec 31, 2019 5.82 Mn
Sep 30, 2019 21.56 Mn
Sep 30, 2019 21.56 Mn
Jun 30, 2019 6.56 Mn
Jun 30, 2019 6.56 Mn
Mar 31, 2019 16.55 Mn
Mar 31, 2019 16.55 Mn
Dec 31, 2018 328,125.64
Dec 31, 2018 328,125.64
Sep 30, 2018 32.49 Mn
Sep 30, 2018 32.49 Mn
Jun 30, 2018 8.47 Mn
Jun 30, 2018 8.47 Mn
Mar 31, 2018 11.41 Mn
Mar 31, 2018 11.41 Mn
Dec 31, 2017 339,882.20
Dec 31, 2017 339,882.20
Sep 30, 2017 42.12 Mn
Sep 30, 2017 42.12 Mn
Jun 30, 2017 1.62 Mn
Jun 30, 2017 1.62 Mn
Mar 31, 2017 14.29 Mn
Mar 31, 2017 14.29 Mn
Dec 31, 2016 3.62 Mn
Dec 31, 2016 3.62 Mn
Sep 30, 2016 47.53 Mn
Sep 30, 2016 47.53 Mn
Jun 30, 2016 2.34 Mn
Jun 30, 2016 2.34 Mn
Mar 31, 2016 1.37 Mn
Mar 31, 2016 1.37 Mn
Dec 31, 2015 -1.24 Mn
Dec 31, 2015 -1.24 Mn
Sep 30, 2015 56.73 Mn
Sep 30, 2015 56.73 Mn
Jun 30, 2015 743,877.45
Jun 30, 2015 743,877.45