Leicester Tigers have reported a record turnover of £19.5m for the financial year ending June 30 2011.
The figure is £1m more than last year, and the club also earned £6m from ticket sales, a 5% increase on last term.
"It has been another successful year for Leicester Tigers," said executive chairman Peter Tom CBE.
"The growth in turnover and increased profits reflect the commitment and hard work of everyone at the club, as well as the standing of the Tigers and its relationships with investors, sponsors, commercial partners, season ticket holders and all our supporters.
"I would like to thank everyone involved for playing their part in our success, not just in the last 12 months, but over many years."
The Tigers are currently ninth in the Aviva Premiership table after an indifferent start to the season.