Not when you include the revenue from the major sports.
At my college, the revenue from football alone paid for all other athletic programs, at least so we were told. But that wasn't hard to believe with a stadium seating for ~100k.
“Not when you include the revenue from the major sports”
Most colleges are not making ANY money from athletics, they have athletic programs purely for marketing. The kiddies who don’t do well in academics can feel good about themselves for staying in shape.