Hamburger SV

2. Bundesliga

Fourth season in a row in profit, €15.4m in total.

2. Bundesliga 2018/19 to 2024/25. On the gross result, from 1st to 3rd place over this period.

Gross result

€120.1m

+0.7% vs previous season

3rd highest value of 14 (4 without figures)

Wage bill

€46.8m

+5.7% vs previous season

3rd highest value of 14 (4 without figures)

Net result

€4.4m

+€2.3m vs previous season

6th highest value of 14 (4 without figures)

Equity

€49.4m

+€4.4m vs previous season

Highest value of 14 (4 without figures)

Equity ratio

29.9%

+1.3pp vs previous season

5th highest value of 14 (4 without figures)

Provisional 2025/26 · per the club

HSV achieves record revenue in its first year after promotion

Gross result

€182.1m

+44% vs previous season

2024/25 per club is 5.3% above the DFL figure

Net result

€8.1m

+€3.7m vs previous season

Equity

€87.5m

Equity ratio

45.5%

+15.6pp vs previous season

Wage ratio

36.9%

HSV Fußball AG & Co. KGaA, 24 September 2026: source. The DFL figures for 2025/26 are expected in May 2027. method

Hamburger SV has reduced its gross result by 5% since 2018/19

2018/19 to 2024/25, €m

  • League median

Source: DFL, club financial figures

Hamburger SV: league position and revenue rank on average 1.9 places apart

2018/19 to 2024/25

  • League position
  • Revenue rank on the gross result

Source: DFL, club financial figures; final tables

Equity: Hamburger SV

2018/19 to 2024/25, €m

Source: DFL, club financial figures

Equity ratio 2024/25

29.9%

low: below 30% is considered thin.

5th highest value of 14 (4 without figures) · league median 28.1%

Hamburger SV: equity ratio up 5 percentage points since 2018/19

Shares of total assets, 2018/19 to 2024/25

Source: DFL, club financial figures

Hamburger SV closes 2024/25 with a surplus of €4.4m

2024/25, €m, excluding items under €50k

Source: DFL, club financial figures

Hamburger SV: wage ratio stable at around 39% since 2018/19

2018/19 to 2024/25

  • Hamburger SV by season
  • 2. Bundesliga 2024/25

Source: DFL, club financial figures

Season 2024/25

Position in the league

Key figureValueRankMedianworsebetter
Gross result €120.1m3 of 14 3 of 14 €54.4m
Wage bill €46.8m3 of 14 3 of 14 €21.8m
Wage ratio 39.0%11 of 14 11 of 14 42.1%
Net result €4.4m6 of 14 6 of 14 €2.8m
Equity €49.4m1 of 14 1 of 14 €8.5m
Equity ratio 29.9%5 of 14 5 of 14 28.1%
Liabilities €50.1m3 of 14 3 of 14 €26.8m
Payments to player agents €2.4m4 of 14 4 of 14 €1.1m

Hamburger SV has the third-highest gross result in the 2. Bundesliga

14 clubs, 2024/25, €m

  • Median

Source: DFL, club financial figures

Compare with

Clubs of similar size

All four compared