New Mexico State University (NMSU) Athletics Financial Data
NCAA Membership Financial Reporting System (MFRS) · C-USA · Data available: FY2010–FY2025
In fiscal year 2025, New Mexico State University (NMSU)'s athletics department reported $39.6M in total revenues and $39.7M in total expenses, resulting in a net deficit of $73K. New Mexico State University competes in the C-USA. Financial data for New Mexico State University is available in this dataset from FY2010 through FY2025.
FY2025 Overview
Total Revenue
$39,627,724
Total Expenses
$39,700,707
Net
-$72,983
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
$39,627,724
$39,700,707
-$73K
FY2024
$43,150,684
$40,211,314
+$2.9M
FY2023
$31,776,453
$37,150,572
-$5.4M
Frequently Asked Questions
How much revenue does New Mexico State University athletics generate?
In FY2025, New Mexico State University reported $39.6M in total athletics revenues according to NCAA MFRS filings.
How much does New Mexico State University spend on athletics?
In FY2025, New Mexico State University reported $39.7M in total athletics expenses according to NCAA MFRS filings.
Does New Mexico State University athletics run a surplus or deficit?
In FY2025, New Mexico State University athletics reported a net deficit of $73K.