Overview
- The Australian Ballet reported a $4.7 million operating loss for 2025, improving on the $6 million loss in 2024.
- The State Theatre closure under the precinct rebuild pushed shows to the smaller Regent Theatre, which cut premium seats and limited scheduling.
- The company reworked productions for the Regent by removing front rows to fit the orchestra and commissioning new pieces for the smaller stage.
- To bridge the gap, it drew $9 million from its foundation and distributed $13.6 million from its philanthropic arm to fund the 2025 program.
- Box office rose to $32.7 million on 264 performances for more than 260,000 people, and the company plans to return when the Ian Potter State Theatre reopens in October 2026.