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
DateValue
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