TOTAL REV $36.79M
TOTAL EXP $38.98M
NET $-2.19M

Investment Profile · FY 2019

San Diego State University

San Diego, California · NCAA Division I-FBS · Public, 4-year or above · Enrollment 27,369

ZIP 92182 · IPEDS unitid 122409

Revenue Percentile (Division)
42th

Key Financial Metrics · 2019

Total Revenue
$36.79M

Total Expenses
$38.98M

Net Result
$-2.19M

Unique Athletes
250

Gender Investment Allocation

Men’s programs 65.6%Women’s programs 34.4%

$24.12M
$12.67M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 1,647 (6.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$13.58M

Basketball

$7.95M

Soccer

$2.33M

Baseball

$1.84M

All Track Combined

$1.76M

Rowing

$1.56M

Golf

$1.35M

Softball

$1.17M

Volleyball

$1.17M

Swimming and Diving

$1.15M

Expense by sport

Football

$16.9M

Basketball

$8.44M

Soccer

$2.32M

Baseball

$1.51M

All Track Combined

$1.28M

Rowing

$1.14M

Golf

$1.39M

Softball

$1.07M

Volleyball

$1.36M

Swimming and Diving

$1.13M

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 119 0 $13.58M $16.9M $-3.32M
Basketball 2 19 14 $7.95M $8.44M $-481.6K
Soccer 15 31 27 $2.33M $2.32M $14.3K
Baseball 1 35 0 $1.84M $1.51M $327.5K
All Track Combined 3 0 131 $1.76M $1.28M $475K
Rowing 13 0 57 $1.56M $1.14M $422.5K
Golf 8 13 9 $1.35M $1.39M $-35.1K
Softball 16 0 24 $1.17M $1.07M $97.1K
Volleyball 26 0 20 $1.17M $1.36M $-191.2K
Swimming and Diving 18 0 33 $1.15M $1.13M $23.8K
Lacrosse 11 0 37 $1.14M $854K $281K
Tennis 22 10 8 $930.5K $1.05M $-124.3K
Water Polo 27 0 28 $862.8K $538.7K $324K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$147.2K

Athletes Tracked
250

Top Sport Share
Football · 36.9%

Program Count
13

Unique men
119

Unique women
131

Per-sport slots
615

Multi-sport coeff
2.46x

Coed men

Coed women

The program has 250 unique athletes filling 615 sport roster slots — a 2.46x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
27,369
Revenue Tier
Below-median (42th pct.)
Peers in Division
127 schools
Peers in California
185 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
University of South Florida-Main Campus FL $36.8M $0 $6.1K
Georgia Institute of Technology-Main Campus GA $38.12M $-14.38M $1.32M
University of Cincinnati-Main Campus OH $35.34M $0 $-1.46M
University of Central Florida FL $39.08M $-2.24M $2.29M
Brigham Young University-Provo UT $39.22M $-9.62M $2.42M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 6.0% Expense shortfall as % of revenue
Revenue / Enrollment $1.3K Athletic revenue per enrolled student
Expense Ratio 106.0% Expenses as % of revenue
Top Sport Share 36.9% Revenue concentration in top program
Division Percentile 42th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.