The Green Bay Packers reported their fourth consecutive year of record revenue, according to RIchard Ryman of The Green Bay Press Gazette. If not for the COVID-19 year of 2020, the streak would be longer.

The Packers reported $654.1 million in revenue for the 2023-24 fiscal year, which concluded at the end in March. The team reported profit from operations of $60.1 million and net income of $98.1 million. The year before, revenue was $610.3 million, profit from operations was $68.6 million and net income was $35.6 million.

"It was another strong year from a financial standpoint for the Packers. It really speaks to the popularity overall of the NFL," said Packers President and CEO Mark Murphy. The Packers released their financial results Tuesday, ahead of the annual shareholders meeting scheduled for 3 p.m. Monday at Lambeau Field.

The Packers are the NFL's smallest-market team, its only publicly owned team, and the only one that makes its financial results public. Total revenue and profit from operations, rather than net income, are the more significant numbers in Packers' finances because all money, whether profit or not, goes into team operations or the community. Packers stock cannot be traded and does not pay dividends.

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