Appalachian State University (APP) Athletics Financial Data
NCAA Membership Financial Reporting System (MFRS) · Sun Belt · Data available: FY2021–FY2025
In fiscal year 2025, Appalachian State University (APP)'s athletics department reported $57.3M in total revenues and $57.3M in total expenses, resulting in a net deficit of $12K. Appalachian State University competes in the Sun Belt. Financial data for Appalachian State University is available in this dataset from FY2021 through FY2025.
FY2025 Overview
Total Revenue
$57,259,361
Total Expenses
$57,271,283
Net
-$11,922
This is a data snapshot. The interactive explorer lets you filter by conference, compare schools, and dig into sport-level trends.
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department
disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions,
and other non-self-generated revenue. See the methodology page for full sourcing details.
Recent Financial Trends
Fiscal Year
Total Revenue
Total Expenses
Net
FY2025
$57,259,361
$57,271,283
-$12K
FY2024
$51,997,549
$51,973,251
+$24K
FY2023
$46,465,570
$46,379,642
+$86K
Frequently Asked Questions
How much revenue does Appalachian State University athletics generate?
In FY2025, Appalachian State University reported $57.3M in total athletics revenues according to NCAA MFRS filings.
How much does Appalachian State University spend on athletics?
In FY2025, Appalachian State University reported $57.3M in total athletics expenses according to NCAA MFRS filings.
Does Appalachian State University athletics run a surplus or deficit?
In FY2025, Appalachian State University athletics reported a net deficit of $12K.