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| Date | Value |
|---|---|
| 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 |