Mets report $311.4 million in ballpark-related revenue, a 19.4% increase over 2024, records show

The Mets didn’t make the playoffs in 2025. But they made out pretty well when it came to making money at Citi Field.

The Mets reported a Citi Field-record $311.4 million in ballpark-related revenue for 2025, according to a recent financial disclosure filed by the club and obtained by Newsday. That’s a 19.4% increase from the $260.8 million the club reported in 2024.

The Yankees, meanwhile, felt the financial sting of not making it to the World Series. The club’s ticket and suite revenue fell 6% from $411.6 million in 2024 — when the Yankees went to the World Series — to $386.9 million in 2025, when they were knocked out in the American League Division Series by Toronto.

In 2025, the Mets — after signing Juan Soto to a record 15-year, $765-million contract and putting up the best record in Major League Baseball through mid-June — missed the postseason on the final day of the regular season. It was a crushing blow to fans who had packed the stadium with a Citi Field-record attendance of 3,182,057. The average attendance of 39,775 was a 38% increase over 2024.

The Mets’ reported revenue for 2025 includes “admissions, advertising, concessions, parking, luxury suite and club premiums, and other,” according to the filing that provides a window into the team's finances.

The Mets listed ticket sales of $157.5 million, advertising revenue of $52.7 million, concessions revenue of $38.3 million, parking revenue of $15.9 million, luxury suite and club premium revenue of $39 million and other revenue of $7.7 million.

The Mets, in a statement provided to Newsday, said: “The organization remains focused first and foremost on delivering the best fan experience in baseball, continually looking for ways, from food and beverage to retail, in-game entertainment and beyond to ensure a top-tier experience at Citi Field.”

The statement also touted the expansion of premium seating areas for fans, including the Delta Sky360 Club, the speakeasy-style Cadillac Club and the Empire Club.

The impact of those pricey areas is reflected in the financial statements. Revenue from luxury suite and club premiums nearly doubled, going from $20.5 million in 2024 to $39 million in 2025.

“That's a big piece of the growth and you would expect it to be and it’s in sync with what [owner Steve Cohen] is doing with the brand,” said Vince Gennaro, a clinical faculty member at the Preston Robert Tisch Institute for Global Sport in NYU's School of Professional Studies and author of “Diamond Dollars: The Economics of Winning in Baseball."

“He's not just trying to build a winning team. He's elevating the brand, and Juan Soto is a perfect example of that. You go out and get arguably . . . one of the top three players in the game and bring him to the Mets, that goes hand in hand with not just winning but also with elevating the premium element of it and attracting more of that core premium spender.”

Citi Field concessions revenue also saw a huge jump of 54.9% from $24.7 million in 2024 to $38.3 million in 2025.

Cohen was asked earlier this month if he was worried if fan backlash after last year’s disappointing finish could lead to a reduction in support heading into 2026.

“I don’t see that in the early season ticket sales, and early ticket sales look pretty strong,” Cohen said. “Mets fans have been through thick and thin, and I think we’re going to provide a great team for them to watch this year. I think they are going to be pretty excited about the type of ball we’re going to play.”

The Yankees, who declined to comment, are only required to report ticket sales and suites revenue in their public filings.

The Yankees were ranked by Forbes in 2025 as the most valuable team in MLB at $8.2 billion. The Mets were sixth at $3.2 billion.

The teams lease their stadiums from New York City’s Industrial Development Agency, which sold the tax-exempt bonds to pay for construction. The teams are required to file quarterly statements with the Municipal Securities Rulemaking Board, a regulatory organization that oversees the municipal securities market.

The public filings provide a window into each team's financial picture because they do not include all sources of revenue. The reports are designed to show bondholders that the team has enough money to support the annual bond payment.

In 2025, the Mets’ bond payment was $32 million, according to the filings. The Yankees' payment was $108 million, according to a source.