Bundesliga·Germany·Money League #18NEW

VfB Stuttgart

Club summaryYear to 31 Dec 2025 · German GAAP (HGB) · group

Figures in EUR as reportedSources 11 Compare club

Total revenue

–

Year to 31 Dec 2025

Operating profit

–

Year to 31 Dec 2025

Net profit

+45.6%Year to 31 Dec 2025

Wage bill

+22.2%Year to 31 Dec 2025

Revenue and profit

Every season on file · EUR · operating profit before player trading

RevenueOperating profitNet profit

Revenue mix, 2025/26

Printed revenue streams, as a share of the total

VfB Stuttgart does not publish a revenue split. Deloitte's 2024/25 figures, on Deloitte's own basis, in EUR:

24%

41%

36%

Matchday

€70m

Broadcasting

€121m

Commercial

€106m

Deloitte Football Money League 2026 · external estimate, not the club's accounts

Revenue change, 2024/25 to 2025/26

This bridge can't be built from the printed figures.

Total revenue is not published for 2024/25.

Key figures, 2025/26

Calc marks a figure worked out from printed lines

EBITDA–

Operating cash flow–

Free cash flow–

Cash–

Net debt incl. leases–

Profit on player sales–

Squad book value–

Equity

Rank among the 20, 2025/26

1st is always the better end: lowest for wages, player costs and net debt. In EUR at ECB rates.

No ranking for 2025/26 yet.

Rankings cover 2020/21 to 2024/25. 2025/26 joins once most clubs have reported it.

Notes on 2025/26

Calendar-year financial year 2025; season per the README rule. Group figures from the DFL licensing key figures (EUR '000, read from the rendered page and OCR text); revenue from the club's members'-meeting release, whose profit after tax (EUR 22.5m) equals the DFL group profit after minorities (EUR 22,475k). The release's 'Eigenkapital' of EUR 83.4m differs from the DFL group equity (EUR 90,265k, used here as the taxonomy includes minority interests); the sources do not explain the difference. The full HGB group accounts sit behind a captcha in the register and were not read.

Not disclosed

25 lines not disclosed in 2025/26

revenue matchday · No revenue split in the club's release or the DFL key figures; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

revenue broadcast · No revenue split in the club's release or the DFL key figures; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

revenue commercial · No revenue split in the club's release or the DFL key figures; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

revenue other · No revenue split in the club's release or the DFL key figures; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

other operating income · The DFL key figures net other operating income into 'Rohergebnis'; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

ebitda · The club prints no EBITDA for this year (the KPI engine derives it)

amortisation players · The DFL prints one combined 'Abschreibungen' line (recorded as DA_TOTAL); VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

impairment players · Not shown separately in the club or DFL publications; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

depreciation other · The DFL prints one combined 'Abschreibungen' line (recorded as DA_TOTAL); VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

player trading result · Transfer results are inside 'Rohergebnis' and 'sonstige betriebliche Aufwendungen'; not shown separately; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

player registrations · The DFL prints only total fixed assets (Anlagevermoegen); VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

ppe · The DFL prints only total fixed assets (Anlagevermoegen); VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cash · The DFL prints only total current assets (Umlaufvermoegen); VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

borrowings · The DFL prints only total 'Verbindlichkeiten'; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

lease liabilities · German GAAP (HGB) has no IFRS 16 lease liabilities

cfo · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cfi · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cff · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

capex ppe · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

player purchases cash · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

player sales cash · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

net change cash · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cash fx effect · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cash opening · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

cash closing · The group cash flow statement is only in the full HGB group accounts; neither the club nor the DFL publishes it; VfB's full HGB group accounts are filed in the Bundesanzeiger/Unternehmensregister, which show each document only after a captcha, so they could not be read

Open checks

CONF-01 2025/26 · REVENUE: extraction confidence 0.65 needs review

CONF-01 2025/26 · OTHER_OPERATING_COSTS: extraction confidence 0.75 needs review