Flamengo reported a gross revenue of R$ 1.34 billion between January and September 2026, according to a financial report published by the club on October 30. The period closed with an accumulated surplus of R$ 4.5 million. The financial performance was driven by gross recurring revenue, which reached R$ 1.17 billion, representing an 11.3% growth compared to the same period in 2025. Excluding the effects of participation in the 2025 FIFA Club World Cup, the increase in recurring revenue reaches 30.8%. The club recorded a recurring Ebitda of R$ 289.9 million in the first nine months of the year, with a margin of 26.5%, a figure that Flamengo points to as the highest operating result for the period in its history. Conversely, consolidated liabilities reached R$ 1.393 billion in September, an increase of 10.3% compared to the end of 2025, with R$ 744.2 million referring to short-term debt. Total consolidated assets amounted to R$ 2.355 billion in the same month. Investment in player signings reached R$ 667.7 million, the highest value ever recorded by the club. The most expensive acquisition was midfielder Lucas Paquetá, arriving from West Ham, England, for € 42 million, totaling R$ 299.1 million including economic rights and signing bonuses. Player sales, in turn, generated R$ 174.7 million in revenue through September. The club's net operating debt showed a 23% reduction compared to March 2026, closing at R$ 376.1 million.
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Flamengo reports R$ 1.34 billion revenue and R$ 4.5 million surplus in 2026
The Rio-based club reached a record investment in signings, totaling R$ 667.7 million, and achieved the highest recurring Ebitda in its history during the first nine months of the year.
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