StockWatch
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Services-Misc. Amusement & Recreation
Quarterly ResultMay 28, 2026, 04:09 PM

Manchester United Q3 Revenue +18.1% to £189.5M; Loss Widens

AI Summary

Manchester United plc reported an 18.1% increase in revenue to £189.5 million for the three months ended March 31, 2026, driven by growth in broadcasting and retail. However, the company's loss after tax widened significantly by 337.0% to £11.8 million, primarily due to £16.7 million in exceptional costs related to the exit of former men's first team head coach Ruben Amorim and unfavorable foreign exchange movements. For the nine-month period, revenue rose 3.5% to £520.1 million, and the loss after tax narrowed by 50.9% to £14.3 million.

Key Highlights

  • Q3 2026 revenue increased 18.1% to £189.5 million.
  • Q3 2026 loss after tax widened 337.0% to £11.8 million.
  • Exceptional items for Q3 were £16.7 million, primarily for former head coach Ruben Amorim's exit.
  • Q3 2026 broadcasting revenue rose 57.1% to £64.9 million.
  • Q3 2026 retail, merchandising, apparel & product licensing revenue increased 36.3% to £43.9 million.
  • Nine-month 2026 revenue increased 3.5% to £520.1 million.
  • Nine-month 2026 loss after tax narrowed 50.9% to £14.3 million.
  • Net finance costs for Q3 2026 increased 434.2% to £20.3 million due to unfavorable FX.