The International Olympic Committee (IOC) has released its annual report for 2025, a landmark year as it made the Presidential transition from German Thomas Bach to Zimbabwe’s Kirsty Coventry.
According to a report from The Sports Examiner, the IOC, excluding the COVID-19-impacted year of 2020, recorded its first operating loss since 2017, the year after the 2016 Rio Olympics.
The report shows that the IOC distributed 90% of its revenue back to the Olympic Movement, but “stated that it has $7.7 billion in revenues and $6.8 billion in distributions for the period of 2021-24, or 88.3%.”
The revenue base for the IOC weighs heavily on the broadcasting rights (55%) of the total for the quad, plus another 36% to its TOP (The Olympic Partner Program) sponsors.
Below is a breakdown of the financial statements as reported by The Sports Examiner:
- $649.969 million revenue ($0 broadcast rights)
- $218.157 million for Olympic-related costs (including Solidarity)
- $358.296 million distributions to organizers, federations, NOCs
- $191.935 million for Promotion of the Olympic Movement (digital)
- $213.020 million for administration (32.7% of revenues)
- Operating loss of $331.439 million
- Investment gain of $291.879 million
- Net loss of $39.569 million
This is the first time since 2020, when broadcasting rights payments were delayed due to COVID-19, that the IOC has shown an annual operating loss. The IOC has already stated that for the 2025-28 quad, they have contracted for $7.7 billion in revenue, with more to come.
In 2025, the IOC’s distributions included:
- $891.974 million in broadcast money to Milan Cortina 2026
- $391.774 million in broadcast money to LA28
- $94.978 million in TOP sponsorship money to Milan Cortina 2026
- $99.344 million in TOP sponsorship money to LA28
According to the report from The Sports Examiner, the US Olympic and Paralympic Committees, as part of its revenue-sharing agreement with the IOC, “received $81.588 million for its share of the TOP sponsorship program in 2025. The USOPC also received $150,000 in licensing rights revenue from the IOC.”
As for the World Anti-Doping Agency, the IOC paid $23.616 million in support payments to the organization, $9.38 million to the Court of Arbitration for Sport, and $2 million to the International Paralympic Committee.
