NCAA Membership Financial Reporting System (MFRS) · MAC · Data available: FY2011–FY2025
In fiscal year 2025, University of Toledo's athletics department reported $26.0M in total revenues and $39.5M in total expenses, resulting in a net deficit of $13.5M. University of Toledo competes in the MAC. Financial data for University of Toledo is available in this dataset from FY2011 through FY2025.
FY2025 Overview
Total Revenue
$26,013,481
Total Expenses
$39,498,139
Net
-$13,484,658
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
$26,013,481
$39,498,139
-$13.5M
FY2024
$38,725,933
$38,725,933
+$0
FY2023
$36,455,977
$36,455,977
+$0
Frequently Asked Questions
How much revenue does University of Toledo athletics generate?
In FY2025, University of Toledo reported $26.0M in total athletics revenues according to NCAA MFRS filings.
How much does University of Toledo spend on athletics?
In FY2025, University of Toledo reported $39.5M in total athletics expenses according to NCAA MFRS filings.
Does University of Toledo athletics run a surplus or deficit?
In FY2025, University of Toledo athletics reported a net deficit of $13.5M.