Imperial College London Revenue Statistics

This report provides an analysis into Imperial College London’s finances, including revenue, expenditure and gains/losses. Although Imperial’s revenues generally show an upward trajectory, it is crucial to acknowledge that expenditure has also increased.

  • As of the 2021/22 academic year, Imperial generated £1.16 billion in revenue.
  • This made up 2.48% of university and higher education revenues in the UK as a whole.
  • Total revenue at Imperial has increased by 7.78% since the £1.08 billion generated in 2020/21.
  • Over the given 5-year period, Imperial’s revenues increased by 12.61%.
  • £423.20 million was generated through tuition fees and education contracts (36.38% of the total revenue).
  • £368.40 million was generated through research grants and contracts (31.67% of the total revenue).
  • In total, Imperial had expenses of £1.26 billion.
  • This made up 2.48% of university and higher education expenses in the UK as a whole.
  • £603.50 million was spent on staff costs (47.92% of the overall spend).
  • £393.60 million was spent on other operating expenses (31.25% of the overall spend).
  • From the given data, Imperial suffered a net operating asset loss of £96.20 million for the year.

Total Imperial College London revenue

The main revenue streams for Imperial College originate from tuition fees and education contracts. Additionally, substantial contributions to the university’s overall revenue are derived from grants, donations, and endowments.

  • As of the 2021/22 academic year, Imperial College London generated £1.16 billion in revenue.
  • Total revenue has increased by 7.78% since the £1.08 billion generated in 2020/21.
  • Over the given 5-year period, Imperial’s revenues increased by 12.61%.
  • £423.20 million was generated through tuition fees and education contracts.
  • Tuition fees and education contracts made up 36.38% of the total revenue.
  • £368.40 million was generated through research grants and contracts.
  • Research grants and contracts made up 31.67% of the total revenue.
  • £151.70 million was generated through funding body grants.
  • Funding body grants made up 13.04% of the total revenue.
Revenue type2017/182018/192019/202020/212021/22Change vs 2020/21
Tuition fees and education contracts£295.90 million£313.20 million£337.70 million£383.50 million£423.20 million+10.35%
Funding body grants£150.50 million£156.80 million£154.30 million£156.00 million£151.70 million-2.76%
Research grants and contracts£364.20 million£368.00 million£347.70 million£363.00 million£368.40 million+1.49%
Donations and endowments£63.70 million£76.60 million£28.30 million£24.00 million£64.40 million+168.33%
Other income£150.90 million£152.10 million£152.50 million£145.30 million£148.40 million+2.13%
Investment income£7.80 million£7.10 million£5.90 million£7.50 million£7.20 million-4.00%
Total£1.03 billion£1.07 billion£1.03 billion£1.08 billion£1.16 billion+7.78%

A graph is given below to show Imperial College London’s revenue by year:

Total Imperial College London expenditure

During the periods of 2018/19 and 2021/22, Imperial College London observed substantial growth in pension provisions. These rising expenses had a significant effect on the university’s overall expenditure.

  • As of the 2021/22 academic year, Imperial had expenses of £1.26 billion.
  • Total expenses have increased by 19.23% since the £1.06 billion spent in 2020/21.
  • Over the given 5-year period, Imperial’s expenses increased by 33.41%.
  • £603.50 million was spent on staff costs.
  • Staff costs amounted to 47.92% of the overall spend.
  • £393.60 million was spent on other operating expenses.
  • Other operating expenses amount to 31.25% of the overall spend.
Expense type2017/182018/192019/202020/212021/22Change vs 2020/21
Staff costs£502.40 million£536.70 million£567.40 million£590.60 million£603.50 million+2.18%
Pension provisions-£4.10 million*£117.20 million-£71.50 million*£4.60 million£152.10 million+3,206.52%
Other operating expenses£357.60 million£376.40 million£364.30 million£356.10 million£393.60 million+10.53%
Depreciation£67.80 million£78.90 million£79.70 million£85.50 million£91.20 million6.67%
Interest and other finance costs£20.40 million£20.40 million£21.70 million£19.60 million£19.10 million-2.55%
Total£0.94 billion£1.13 billion£0.96 billion£1.06 billion£1.26 billion+19.23%
(*reported within expenses)

A graph is given below to show Imperial College London’s expenditure by year:

Total Imperial College London net operating assets

  • As of the 2021/22 academic year, Imperial suffered a net operating asset loss of £96.20 million.
  • Increases in pension provisions contributed greatly to annual losses during the academic years of 2018/19 and 2021/22.
  • Highest net operating asset increases were made over the period during the 2017/18 academic year (£88.90 million).
  • Imperial averaged annual net operating asset increases of £4.92 million during the period.
Academic yearTotal net operating assets
2017/18+£88.90 million
2018/19-£55.80 million
2019/20+£64.80 million
2020/21+£22.90 million
2021/22-£96.20 million
(from given revenue and expenditure only)

A graph is given below to show Imperial College London’s net operating assets by year:

Imperial revenue FAQ

Who funds Imperial College London?

  • Funds for Imperial predominantly come from:
    • Tuition fees and education contracts.
    • Research grants and contracts.
    • Funding body grants.

Who are the top funders of research awards at Imperial?

  • Recent data shows that most research award funding comes from:
    • Research councils.
    • Charitable organisations.
    • Government and NHS.

Is Imperial College London government funded?

  • As a public university, Imperial College London receives substantial financial support from the government through public funding.
  • In the event that Imperial chooses to decline public funding, it would be classified as a private institution.