Corinthians post R$ 246 million first-half 2026 deficit, 78% above budget | OneFootball

According to Globo.com, Corinthians closed the first half of 2026 with a R$ 246.039 million deficit, 78.2% worse than the R$ 138.028 million budgeted. Total debt stands at around R$ 2.8 billion.

Gross revenue reached R$ 415.293 million in the period, above the R$ 350.557 million target. After deductions and taxes, net revenue was R$ 394.202 million.

Operating costs and expenses came to R$ 389.336 million, topping the R$ 367.979 million plan. EBITDA was positive at R$ 4.866 million.

After recognising income from assignments and loans of rights, prize payments for the 2025 Copa do Brasil title, taxes tied to settling the Santos Laguna debt and depreciation, the operating result was a R$ 90.215 million loss. Financial income and expenses then produced a net financial loss of R$ 155.825 million.

Without non-recurring items, the half-year deficit would have been R$ 116.131 million. These items included R$ 32.525 million in Copa do Brasil bonuses to players, R$ 6.076 million in taxes on a foreign exchange transaction linked to the Santos Laguna settlement, the absence of R$ 75 million from a player-rights deal, and R$ 16.307 million in contingencies and an accounting review.

Source: Globo.com

“Artificial intelligence was used to assist in creating this article based on reporting from the original source quoted.”