ICC’s total revenue and other income fell 2.6% to $756.3 million in 2025 from $776.6 million the prior year.
Revenue from ICC events declined 3% to $706.1 million from $728.5 million in the previous year, when it staged events such as the ICC Men’s T20 World Cup 2024, ICC Women’s T20 World Cup 2024 and the ICC U19 Men’s Cricket World Cup 2024.
In 2025, the global governing body for cricket staged the Men’s Champions Trophy, the World Test Championship Final, the Women’s Cricket World Cup and the U19 Women’s T20 World Cup.
The ICC Men’s Champions Trophy 2025 in Pakistan generated revenue of about $638 million, compared with around $691 million earned from the ICC Men’s T20 World Cup 2024 in the West Indies and the US.
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The rise in surplus came despite lower event revenue, as event-related costs fell nearly 31% to $159.1 million from $231.7 million.
The ICC derives the bulk of its revenue from its $3 billion India media rights deal with JioStar India for the 2024-27 cycle. Other major media partners include Sky Sports in the UK, Prime Video in Australia, SuperSport in South Africa, and Willow TV in the US and Canada.India accounts for nearly 75% of the ICC’s media rights value.
The ICC’s key sponsors include Emirates, Saudi Aramco, DP World, Hyundai and Coca-Cola.
ICC members’ funds nearly doubled to about $1.11 billion from $564.5 million a year earlier, underscoring the financial strength of global cricket driven by long-term media rights and sponsorship deals.
ICC’s balance sheet also reflected a sharp jump in advances to members, which more than doubled to $906.6 million from $449.4 million in 2024.
Cash and cash equivalents rose 119% to $289.8 million at the end of 2025 from $132.4 million a year earlier.
However, the ICC could face pressure on the value of its next India media rights cycle amid consolidation in the media industry and a growing focus on profitability among broadcasters and streaming platforms.
The current rights cycle ends in 2027, and JioStar had sought to renegotiate certain terms of its India media rights deal with the ICC, according to industry sources.
The ICC had also begun a fresh sale process for India media rights for the 2028-31 cycle and was seeking about $2.4 billion, according to people familiar with the matter.
The ICC had approached Sony Pictures Networks India, Netflix and Amazon Prime Video to explore interest in the rights, the people said, but none of the companies showed interest.
Industry sources said discussions were also underway around a possible two-year extension of the existing rights agreement beyond 2027 at no additional cost, subject to approval from ICC members.
In July 2023, ICC members approved a new financial distribution model for the 2024-27 cycle aligned with the governing body’s India media rights agreement, its largest revenue source.
Under the new model, the Board of Control for Cricket in India is projected to earn about $230 million annually from the ICC’s estimated yearly revenue pool of around $600 million.
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