The Tigers reached a seventh-successive Grand Final last season after topping the league table while also making the last eight of the Heineken Cup, and success on the field yielded a turnover of £19.5million off it, an improvement of £1million on the figures for 2010.
Operating profits, meanwhile, almost doubled to £559,000 as revenues from ticket sales rose by 5% with an 11% increase in revenues from conferences and events.
Leicester's executive chairman Peter Tom said: "It has been another successful year for Leicester Tigers.
"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 their 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 Welford Road club announced that Tom Scott will join the board with immediate effect as a non-executive director, with head of operations Simon Cohen doing likewise as acting chief operating officer
Tigers also revealed their desire to strengthen their senior management by appointing a chief executive, with the search for a suitable candidate already under way.
The chief executive role, which will be more heavily defined, has been vacant since former England hooker Peter Wheeler, now an executive director, stood down to move to a rugby director role in February 2010.
Gilbert has released a new line of rugby cleats. The Gilbert Virtuo 8S is part of the exciting new product. Check it out.
The entire All Blacks apparel line has been updated for 2013/14. Check out the New Zealand All Blacks polo.
The Nike Tiempo is a solid rugby cleat and one of few styles still made from full-grain natural leather.
The Gilbert Blitz 8S rugby cleat is a great cleat at a great price of $69.99. Get a new pair of cleats today.
A cool looking all black rugby cleat with the high performance adidas is known for. Get in the Gear!
Wear the crest of the British and Irish Lions on your t-shirt. A great look for the summer.
The All Blacks Performance t-shirt is black with hints of blue from the training jersey. Very Cool.
The New Zealand All Blacks training jersey for 2013/14. Get in the Gear!
The USA Rugby Pro Alternate rugby jersey is perfect for any fan of the Eagles. Get yours to wear during the summer Test matches.
The NEW All Blacks 2013/14 jersey has arrived at World Rugby Shop. Dare to wear the colors of the All Blacks.