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Green Bay Packers 2023 Financial Report

Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.

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0% found this document useful (1 vote)
5K views

Green Bay Packers 2023 Financial Report

Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.

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Increase (Decr)

Statement of Income 2023 2022 $ %


Revenue $ millions
National $374.4 $347.3 + $27.1 7.8%
Local 235.9 231.7 + $4.2 1.8%
Total revenue $610.3 $579.0 + $31.3 5.4%
Total expenses 541.6 501.3 + 40.3 8.0%
Profit from Operations 68.6 77.7 - 9.1 -11.7%
Investment Fund gain (loss) ($20.5) $5.1 - 25.6 -501.4%
Net income $35.6 $61.6 - 26.0 -42.2%

Due to rounding, amounts may not add up precisely to the totals provided

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