Manchester United (MANU) Cost of Revenue (2018 - 2025)
Manchester United's (MANU) quarterly Cost of Revenue came in at $218.3 million in Q3 2025, up 24.96% year-on-year from $174.7 million in Q3 2024, and up 7.19% on a QoQ basis from $203.7 million in Q2 2025.
Manchester United (MANU) Cost of Revenue (2018 - 2025) Analysis & Trends
Manchester United (MANU) has 8 years of Cost of Revenue data on file, last reported at $218.3 million in Q3 2025.
- On a quarterly basis, Cost of Revenue rose 24.96% year-over-year to $218.3 million in Q3 2025; TTM through Sep 2025 was $787.8 million, a 14.52% decrease from a year earlier, with the FY2025 full-year figure at $889.9 million, down 2.3% from the prior year.
- Cost of Revenue for Q3 2025 stood at $218.3 million, up from $203.7 million in the prior quarter.
- Over the last five years, Cost of Revenue for MANU reached as high as $323.2 million in Q4 2023 and fell as low as $138.9 million in Q2 2021.
- Historically, Cost of Revenue has averaged $209.0 million across 5 years, with a median of $197.4 million in 2024.
- On a YoY basis, Cost of Revenue climbed as much as 100.7% in 2021 and fell as far as 13.54% in 2021.
- Year by year, Cost of Revenue stood at $260.0 million in 2021, then fell by 10.53% to $232.7 million in 2022, then soared by 38.9% to $323.2 million in 2023, then tumbled by 45.94% to $174.7 million in 2024, then advanced by 24.96% to $218.3 million in 2025.
- Per Business Quant data, the three most recent Cost of Revenue figures were $218.3 million in Q3 2025, $203.7 million in Q2 2025, and $174.7 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 295.51 Bn | 286.39 Bn | 6.52 Bn | 6.04 Bn |
| 2 | Walt Disney | 170.79 Bn | 165.11 Bn | 10.75 Bn | 14.42 Bn |
| 3 | Warner Bros. Discovery | 63.06 Bn | 59.80 Bn | 4.25 Bn | 4.64 Bn |
| 4 | Live Nation Entertainment | 41.67 Bn | 32.60 Bn | 1.31 Bn | 2.48 Bn |
| 5 | Liberty Media | 30.19 Bn | 28.86 Bn | 298.00 Mn | 413.00 Mn |
| 6 | Fox | 21.54 Bn | 17.94 Bn | - | - |
| 7 | TKO Group Holdings | 21.23 Bn | 19.51 Bn | 862.52 Mn | 734.36 Mn |
| 8 | Roku | 21.08 Bn | 18.70 Bn | 564.94 Mn | 683.94 Mn |
| 9 | News | 17.12 Bn | 14.95 Bn | - | - |
| 10 | Manchester United | 3.97 Bn | 3.89 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 218.33 Mn |
| Sep 30, 2025 | 218.33 Mn |
| Jun 30, 2025 | 203.69 Mn |
| Jun 30, 2025 | 203.69 Mn |
| Sep 30, 2024 | 174.72 Mn |
| Sep 30, 2024 | 174.72 Mn |
| Jun 30, 2024 | 191.06 Mn |
| Jun 30, 2024 | 191.06 Mn |
| Dec 31, 2023 | 323.16 Mn |
| Dec 31, 2023 | 323.16 Mn |
| Dec 31, 2022 | 232.66 Mn |
| Dec 31, 2022 | 232.66 Mn |
| Jun 30, 2022 | 188.21 Mn |
| Jun 30, 2022 | 188.21 Mn |
| Mar 31, 2022 | 224.03 Mn |
| Mar 31, 2022 | 224.03 Mn |
| Dec 31, 2021 | 260.05 Mn |
| Dec 31, 2021 | 260.05 Mn |
| Sep 30, 2021 | 187.65 Mn |
| Sep 30, 2021 | 187.65 Mn |