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2026_03_16_memoria-economica

The university posted a result of 52.4 million during the 2024–25 academic year

The academic institution has released its report , which shows investments totaling 49.3 million in the past fiscal year


Photo by ManuelCastells/Aerial view of the University of Navarra’s campus .

16 | 03 | 2026

The University of Navarra has released its report for the 2024–25 fiscal year, which shows result of 52.4 million euros. The report summarizes the activities of the four campus—located in Pamplona, San Sebastián, Madrid, and Barcelona—and the international campuses of IESE for the past academic year. The result is driven primarily by increased revenue from services ( professor, research, and support activities) and expense containment. All of this is further linked to a favorable economic climate and strong market performance, which has led to optimal result . The result represents a 34% increase over the previous academic year. 

This surplus was achieved thanks to result , driven by an 8.6% increase in revenue, partially offset by a moderate rise in expenses (+6.7%). The result was positive, reaching €39.9 million, significantly higher than the €24.8 million recorded in the previous fiscal year. Meanwhile, the result achieved a significant surplus of 12.5 million euros, slightly lower than that of the previous fiscal year (14.3 million euros).

As a nonprofit institution, the University of Navarra will reinvest this surplus in its day-to-day operations, scholarships, and financial aid for students and research; in infrastructure improvements and new projects, such as the BIOMA Center the expansion and renovation of facilities at the campus Sebastián and Madrid campus , as outlined in the university’s 25-30 Strategy.

In addition, thanks to donations from companies and individuals, the amount allocated to scholarships last fiscal year reached 6.9 million euros, and another 9.8 million euros was invested in research. 

In total, investments amounted to 49.3 million euros, which were allocated to the purchase of medical machinery and equipment for the Clinic, the modernization and digitization of teaching spaces, the renovation of the sports center facilities sports center various technology and campus projects campus the IESE Business School, such as the renovation of Master's Degree building Master's Degree the campus . 

“The University of Navarra as a whole—including its academic and research centers, IESE, and the Clinic—currently enjoys a solid financial position. This result the fruit of the commitment of all the professionals who make up the University, both through their work dedication to service, and through theirmanager efficientmanager of resources,” states General Manager Álvaro Balibrea. “At the same time, we look to the future with reasonable caution, aware that the geopolitical context is complex and uncertain and that the decisions made today have a direct impact on the University’s long-term sustainability.” 

Within this framework, "these results will help advance the University of Navarra’s 25/30 Strategy and strengthen the various strategic plans of the Clinic, IESE, and each of the research centers. In this regard, we will continue to promote key projects such as the San Sebastián Campus , the BIOMA Center, the development academic and professional talent, and the consolidation of professor, research, and patient care activities. Achieving a positive result enables us to reinvest in these areas responsibly and with a vision for the future.”  

Growth in professor, research, and patient care activities

In total, operating revenue—derived from the provision of services and from professor, research, and patient care activities—for the 2024–25 fiscal year reached 765 million euros, representing an increase of 60.7 million euros compared to the 2023–24 academic year (+8.6%). In particular, the Clinic’s activity stood out, with revenue increasing by 26.9 million euros; an additional 16.9 million euros were generated by professor activities, primarily due to the increase in issue and the consolidation of the professor over the past professor years; and 16.9 million euros were generated by improved research grants. 

Operating expenses also rose by 45.6 million euros, reaching 725 million (+6.6%), due to the needs arising from increased activity. With a workforce of 7,365 professionals, as in previous years, the largest expense category was staff costs, which totaled 416.1 million euros, representing 57.4% of total expenses. This category recorded an increase of 25.4 million euros compared to the previous year (+6.51%). 

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