Inter’s 2025/26 accounts describe a club that has restored profitability while continuing to build around the demands of the next sporting cycle. The Nerazzurri closed the financial year on 30 June 2026 with a net profit of €22.7 million, their second successive positive result, and have set a minimum target of third place in Serie A for the season ahead.
The decision
Inter reported revenue of €518 million, the second-highest figure in the club’s history. It remains below the €567 million recorded in 2024/25, a year boosted by exceptional income from the Club World Cup and a Champions League final.
The latest result was supported by stronger commercial and matchday income, alongside a reduction of roughly €20 million in production costs, a fall of 4%. Net equity has also returned above zero, reaching €10.4 million after standing at minus €12 million in the previous financial year.
For 2026/27, the club’s financial forecasts are based on three sporting assumptions: a top-three Serie A finish, qualification for the Champions League round of 16, and a Coppa Italia semi-final. Those are the minimum competitive scenarios used to remain within the club’s economic parameters.
An unresolved sponsorship case
Inter are still seeking €31.3 million connected to the former DigitalBits sponsorship arrangement, three years after the partnership was ended. The difficulty has been serving the order on Zytara, and the club is now gathering information on assets that could be pursued and where they are located.
Any enforcement action would depend on the recognition of the payment order within the relevant foreign legal system.
San Siro and the Olympic interruption
The accounts include €1.7 million in compensation from Milano Cortina for the temporary loss of access to certain areas of San Siro. The restrictions were required by organisational and infrastructure work for the opening ceremony of the 2026 Winter Olympics.
Inter’s stadium plans with Milan are also taking a clearer corporate form. An investment agreement commits both clubs to provide the financial resources required to complete the transaction and deliver the new stadium project.
The two relevant companies are NSM Holding and Stadio San Siro. Stadio San Siro generated €11.2 million in revenue by 30 June but registered a €9 million loss, largely due to depreciation on the existing stadium and financing costs related to the acquisition and development of the project.
NSM Holding posted a loss of €8.8 million, principally reflecting the valuation of its holding in Stadio San Siro.
Bonuses, transfers and the summer programme
Inter’s players received €23 million in bonuses during 2025/26, down from €34 million a year earlier despite the team’s league and Coppa Italia achievements. Reaching the Champions League final in 2024/25 had produced a larger financial reward and, consequently, higher player bonuses.
The club also detailed several significant transfer values. Andy Diouf arrived from Lens for €24.3 million, while Ange-Yoan Bonny was valued at €23.7 million after joining from Parma. Manuel Akanji was recorded at €15.8 million and Stankovic at €14.2 million.
Among departures, Nicola Zalewski’s move to Atalanta produced the largest capital gain, worth €8.7 million. Giovanni Fabbian generated €4.1 million, followed by Sebastiano Esposito at €3.5 million.
Inter’s July and August 2026 preparations involved a training camp in Germany and friendly matches in Australia and Hong Kong. Travel and organisational expenditure for that programme came to €1.8 million, while €4.8 million in revenue from summer friendlies had already been invoiced in advance.
Investment beyond the first team
The club’s first sustainability report underlined the effect of its partnership with BYD on its vehicle fleet. Inter have 82 company vehicles: 33 fully electric and 43 hybrid, meaning more than 92% of the fleet uses those technologies. Compared with the previous season, petrol consumption fell by 22% and diesel consumption by 33%.
At Appiano Gentile, where the Inter Training Center had approximately 4,700 square metres of buildings and four full-size pitches, the club built a new Power House for the men’s first team during 2025/26. The wider plan includes an additional pitch for the Under-23 side and possible development to a gross floor area of around 130,000 square metres.
Inter are also pursuing the growth of the Konami Women and Talent Center in Milan. At full capacity, it is expected to include 58,000 square metres of pitches and 11,500 square metres of buildings, bringing youth and women’s football activities together on one site.
The combined redevelopment of the training facilities is valued at €100 million. As of 30 June 2026, Inter had €34.7 million in bank debt linked to these projects, with €20 million in new financing received during the financial year.
Board costs and a departure
Directors received aggregate compensation of €2.58 million in 2025/26, compared with €2.52 million in the preceding year. The figure is not broken down by individual executive.
No severance payment or comparable charge relating to Piero Ausilio appears in the accounts. Ausilio left his position as sporting director at the start of September.
