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NYSE · Communication Services

TKO Group Holdings, Inc. (TKO)

As-reported financials and SEC filings for TKO Group Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TKO Group Holdings, Inc.

TKO Group Holdings, Inc. is a sports and entertainment company that owns and operates several major properties including UFC, WWE, Professional Bull Riders (PBR), and a joint venture in professional boxing called Zuffa Boxing. The company also provides sports marketing and media rights services through IMG and offers premium hospitality experiences via On Location. TKO serves global audiences by producing live events, distributing media content, and partnering with broadcasters and corporate sponsors worldwide.

Snapshot

Revenue
$4.74B
Revenue growth (YoY)
-3.1%
Net income
$195.4M
Diluted EPS
$2.26
Gross margin
Operating margin
17.6%
Net margin
4.1%
FCF margin
ROE
2.1%
net income / fiscal-year-end equity
P/E
64.2×
trailing when available, otherwise FY EPS
Market cap
$34.50B
Long-term debt / equity
0.40×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at TKO Group Holdings

  • Revenue fell 3.1% to $4.7B in FY2025, slower than the 51.5% the year before.
  • Operating margin is 17.6% in FY2025, -20.3 pp against 37.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.5B, up 18.2% from Q2 FY2025.
  • Net income rose more than tenfold to $195M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where TKO Group Holdings’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin17.6%
85th percentile of 185
Net margin4.1%
67th percentile of 191
Revenue growth (YoY)-3.1%
28th percentile of 209
ROE2.1%
56th percentile of 165
P/E64.2×
82nd percentile of 95
Long-term debt / equity0.40×
39th percentile of 101
Short interest5.85d
73rd percentile of 216

TKO Group Holdings’s operating margin of 17.6% ranks in the 85th percentile of the 185 Communication Services companies reporting it.

No reported insider purchases (code P) in the last 90 days; 43 insider sales totaling $23.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+4 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$160.5M
reported long value
InvestorAs ofPosition valueSharesChange
Soros Fund ManagementQ2 2026$116.4M578.2KReduced
Gotham Asset ManagementQ2 2026$14.3M71.2KReduced
Two Sigma InvestmentsquantQ2 2026$8.3M41.4KAdded
Millennium ManagementquantQ2 2026$7.9M39.1KAdded
AQR Capital ManagementquantQ2 2026$6.8M33.7KAdded
Citadel AdvisorsquantQ2 2026$6.8M33.6KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
43
$23.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-19
Khan NickDirectorSell2.2K$201.11$452K
2026-08-19
Khan NickDirectorSell1.4K$199.18$279K
2026-08-19
Khan NickDirectorSell1.0K$197.60$198K
2026-08-19
Khan NickDirectorSell600$201.91$121K
2026-08-19
Khan NickDirectorSell600$200.05$120K
2026-08-19
Khan NickDirectorSell400$192.84$77K
2026-08-19
Khan NickDirectorSell300$196.31$59K
2026-08-18
filed 2026-08-19
Emanuel ArielChief Executive OfficerSell24.7K$194.39$4.8M
2026-08-18
filed 2026-08-19
SHAPIRO MARK SSee RemarksSell19.1K$194.39$3.7M
2026-08-18
filed 2026-08-19
Schleimer Andrew MChief Financial OfficerSell9.9K$194.39$1.9M
2026-08-18
filed 2026-08-19
Khan NickDirectorSell8.2K$194.39$1.6M
2026-08-13
filed 2026-08-14
Khan NickDirectorSell3.8K$196.29$746K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.7M
settled 2026-08-14
Change vs prior
-4.3%
vs previous settlement
Days to cover
5.85
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.7M-4.3%5.85
2026-07-318.0M-3.1%9.17
2026-07-158.3M-4.8%6.13
2026-06-308.7M-15.8%4.07
2026-06-1510.3M+8.5%8.30
2026-05-299.5M-2.5%7.52
2026-05-159.8M+6.7%5.96
2026-04-309.2M-2.2%7.47

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.74B$4.88B$3.22B$2.67B$1.03B
Gross profit
Operating income$835.0M$30.9M$375.8M$532.9M$391.1M
Net income$195.4M$9.4M$-35.2M$0$273.6M
Diluted EPS$2.26$0.02$-0.21

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$831.1M$619.8M$360.7M$304.9M$1.03B
Current assets$2.33B$1.53B$1.63B$975.1M
Total assets$15.50B$15.11B$15.39B$5.86B
Current liabilities$1.85B$1.41B$1.39B$886.0M
Long-term debt$3.72B$2.74B$2.72B$2.74B
Total liabilities$6.25B$4.97B$4.94B$3.90B
Total equity$9.22B$10.12B$10.44B$1.96B$2.51B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.29B$586.1M$266.2M$394.8M$441.2M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.55B18.2%$101.6M$1.34
Q1 FY2026$1.60B25.9%$89.4M$1.12
Q4 FY2025$1.04B11.9%$-2.4M
Q3 FY2025$1.12B-27.3%$41.0M$0.47
Q2 FY2025$1.31B9.7%$98.4M$1.17
Q1 FY2025$1.27B3.8%$58.4M$0.69
Q4 FY2024$927.9M-57.1%$31.0M
Q3 FY2024$1.54B243.1%$23.1M$0.28

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorCommunication Services
SIC industryServices-Amusement & Recreation Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2023
SEC CIK1973266

Selected SEC filings

10-K2026-02-25
View on EDGAR →
10-K2025-02-26
View on EDGAR →
10-Q2026-08-03
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-06-12
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.