#  Annual Financial Report 

 



##  Harvard University's Financial Results for Fiscal 2025 

 [ Harvard University's Financial Results for Fiscal 2025 arrow\_circle\_right ](/fy25-financial-report) 

 

       ![Harvard University's Financial Results for Fiscal 2025](/sites/g/files/omnuum12671/files/styles/hwp_28_10__1920x685/public/fad/files/annual_report_header.jpg?itok=ctfVzs0H) 

 

 



 

 



 

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 [### Message from the President

 ](/fy25-president-letter)Alan M. Garber, President of Harvard University



 

 

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 [### Financial Overview

 ](/fy25-financial-overview)Ritu Kalra, Vice President for Finance, and Timothy R. Barakett, Treasurer



 

 

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 [### Message from the CEO of Harvard Management Company

 ](/fy25-hmc-letter)N.P. "Narv" Narvekar, President and CEO, Harvard Management Company



 

 

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 [### Harvard Gazette Q&A

 ](https://hvd.gs/417946)Meredith Weenick, Executive Vice President, and Ritu Kalra, Vice President for Finance



 

 

 

 

 

 

 

##  Archives 

Sort### Annual Financial Reports

[2024-2025](/sites/g/files/omnuum12671/files/2025-10/fy25-financial-report.pdf "FY25 Harvard Financial Report")

[2023-2024](/file_url/361)

[2022-2023](/file_url/358)[ ](/file_url/341)

[2021-2022](/file_url/353)

[2020-2021](/file_url/349)[ ](/file_url/279)

[2019-2020](/file_url/341)[ ](/file_url/267)

[2018-2019](/file_url/326)

[2017-2018](/file_url/309)

[2016-2017](/file_url/279)

[2015-2016](/file_url/267)[ ](/files/fad/files/2013fullreport.pdf)[ ](/files/fad/files/2012fullreport_2.pdf)

[2014-2015](/file_url/251)

[2013-2014](/file_url/224)

[2012-2013](/file_url/133)

[2011-2012](/file_url/134)

[2010-2011](/file_url/135)[ ](/files/fad/files/2008fullreport.pdf)

[2009-2010](/file_url/136)

[2008-2009](/file_url/137)

[2007-2008](/file_url/138)[ ](/files/fad/files/2006fullreport.pdf)

[2006-2007](/file_url/139)[ ](/file_url/162)

[2005-2006](/file_url/140)