Real Madrid reports record operating revenue of $1.39 billion for the 2025/26 season, setting a new high for a sports entity, according to Yahoo Sports and Forbes. Both outlets describe the figure as Real Madrid’s highest operating revenue to date and a benchmark in sports finance. The reports focus on the overall revenue level for the season, presenting it as an achievement within the broader sports industry context rather than attributing the result to any single factor such as sponsorship, broadcasting, matchday income, or transfers. No additional financial breakdown or comparative figures are included in the provided summaries, and neither source indicates changes in profit, costs, or debt. Overall, the consistent claim across the two outlets is that Real Madrid’s 2025/26 operating revenue reaches $1.39 billion and represents a record for a sporting organization.