Professional sports (football/soccer), publicly traded entertainment
Strategic Profile
Borussia Dortmund is one of Europe's leading football clubs, with a strong track record in its domestic league and an enviable consistency in competing in the financially lucrative European competitions, with a strong 20-year revenue CAGR of c 10%. The club has qualified for the Champions League in 12 of the last 13 seasons.
Cyborg Score Rationale
In the first half of the 2025/2026 financial year, Borussia Dortmund's consolidated earnings before taxes rose by EUR 14.4 million to EUR 23.2 million. Net transfer income increased by EUR 32.7 million from EUR 22.2 million to EUR 54.9 million. Solid financial recovery and strong cash generation offset competitive pressures in professional football.
Top Insights
Highest average attendance globally provides stable stadium revenue and commercial leverage
Diversified revenue streams (media rights, sponsorships, transfers, merchandise, stadium services) reduce dependency on single income source
Long-term principal sponsor contracts with Vodafone (to 2030), Signal Iduna (to 2031), and Puma (to 2034) provide revenue stability
Strong management focus on conservative operating costs and player investment has generated long-term positive net income and free cash flow
Named Competitors
Bayern Munich — German Bundesliga rival with domestic dominance
FC Barcelona — European elite competitor in Champions League
Hertha BSC — German Bundesliga peer competitor
Recent Developments
(February 2026) H1 2025/2026 earnings before taxes increased to EUR 23.2 million with net transfer income surging to EUR 54.9 million
(December 2025) Signal Iduna stadium sponsorship partnership extended through 2031
(Recent) Trading on Frankfurt Stock Exchange at EUR 3.28 per share with EUR 363m market capitalization
Open the full interactive Borussia Dortmund GmbH & Co. KGaA report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.