NCAA FBS · 5 schools · FY2025
Mountain West
Athletics revenues, expenses, and operating margins for every Mountain West program with available NCAA financial filings.
Avg Revenue$54.3M
Avg Expenses$54.3M
Avg Net+$16K
Conference Trend
Average revenue & expenses · FY2012–FY2025
Avg RevenueAvg Expenses
Revenue Ranking · FY2025
Schools · FY2025
| # | School | Revenue | Expenses | Net |
|---|---|---|---|---|
| 1 |  UNLV | $77,274,710 | $74,767,676 | +$2.5M |
| 2 |  New Mexico | $61,595,289 | $56,978,562 | +$4.6M |
| 3 |  Wyoming | $55,619,167 | $51,007,390 | +$4.6M |
| 4 |  San José State | $45,873,043 | $50,868,991 | -$5.0M |
| 5 |  Northern Illinois | $31,290,147 | $37,950,764 | -$6.7M |