ICC profit up, revenue drops; lower events costs boost profitability

THE INTERNATIONAL CRICKET COUNCIL (ICC) reported a strong financial performance for the year ended December 2025, posting a net surplus of $543.3 million, up 15% from $474 million in 2024, even as overall revenue declined slightly.

According to the ICC’s latest consolidated financial statements, the improvement in surplus was primarily driven by a significant reduction in event-related expenditure, offsetting weaker event revenue compared to the previous year, a report in The Economic Times said.

Total revenue and other income fell 2.6% to $756.3 million in 2025, down from $776.6 million in 2024. Event-related income declined 3% to $706.1 million, reflecting the shift in tournament calendar. The 2024 cycle included major global properties such as the ICC Men’s T20 World Cup 2024, Women’s T20 World Cup 2024, and U19 Men’s Cricket World Cup.

In contrast, 2025 featured a different slate of competitions, including the ICC Champions Trophy 2025, World Test Championship Final, ICC Women’s Cricket World Cup, U19 Women’s T20 World Cup. The ICC Men’s Champions Trophy 2025 alone generated approximately $638 million, lower than the roughly $691 million earned from the 2024 Men’s T20 World Cup held in the West Indies and the United States.

Despite lower revenues, profitability improved significantly due to a steep decline in expenses. Event-related costs fell nearly 31% to $159.1 million, compared with $231.7 million in 2024, materially lifting overall surplus for the year. This cost efficiency was the key driver behind the ICC’s stronger bottom-line performance in 2025.

The ICC continues to rely heavily on its long-term media rights agreement with JioStar, which is valued at approximately $3 billion for the 2024–27 cycle. India is estimated to contribute nearly 75% of total ICC media rights value, making it the single most important market for global cricket revenues.

Other major broadcast partners include Sky Sports, Amazon Prime Video, SuperSport, Willow TV. The ICC also counts global sponsors such as Emirates, Saudi Aramco, DP World, Hyundai, and Coca-Cola among its commercial partners.

ICC members’ funds nearly doubled year-on-year, rising to approximately $1.11 billion from $564.5 million, reflecting sustained inflows from long-term broadcast and sponsorship agreements.

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