The Green Bay Packers generated a franchise-record $753.3 million in revenue during the fiscal year ending March 31, 2026, highlighting the continued financial strength of the NFL’s only publicly owned team.
The figure represented a 4.7% increase from the previous year. However, the Packers’ operating income fell from a profit of $83.7 million to a $1.1 million loss, largely because of increased player-related costs and accounting charges connected to contract restructurings.
Player costs increased by $131.7 million year over year. The financial impact of Micah Parsons’ arrival from the Dallas Cowboys in a high-profile trade was among the factors contributing to the increase.
The Packers recorded this revenue growth despite playing only eight home games at Lambeau Field during the 2025 season, down from nine the previous year as part of the NFL’s conference-based scheduling rotation. Growth in domestic media revenue, sponsorship and international operations helped offset the impact of the reduced home schedule.
In addition to its $753.3 million in core operating revenue, Green Bay reported $133.6 million in non-operating income. This included investment gains and the team’s share of the NFL’s 10% equity stake in ESPN.
As a result, the Packers posted net income of $132.5 million, an increase of more than 50% compared with the previous year.
NFL national revenue reaches approximately $14.5 billion
The Packers received an equal share of $453.2 million from the NFL’s national revenue pool. Based on that figure, the league generated approximately $14.5 billion in national revenue during the past year.
National revenue increased 4.8% year over year and has risen by roughly 50% over the past five years. Domestic media rights account for the majority of that income and are expected to become a major focus as the NFL prepares for future renegotiations.
The Packers’ 2025 salary cap allocation for players stood at $290.1 million. Their $453.2 million share of national revenue alone was therefore sufficient to cover those player costs, before any locally generated revenue was taken into account.
Packers President and CEO Ed Policy said he remained confident about the organization’s financial position in the short, medium and long term, while acknowledging that certain trends within the NFL could create challenges for the league’s long-term financial health.
As the NFL’s only publicly owned franchise, the Packers provide a rare insight into the economics of professional American football. Their annual financial report offers a detailed look at how the league’s centralized revenue-sharing model continues to support the financial strength of its franchises.
The Packers will return to a nine-game home schedule at Lambeau Field in 2026, potentially providing another boost to the team’s revenue in the current fiscal year.