StockWatch
·
Services-Misc. Amusement & Recreation
Quarterly ResultNov 4, 2026, 04:21 PM

TKO Group Holdings Q3 Revenue $1.36B (+21%); Raises FY26 Guidance

AI Summary

TKO Group Holdings announced its third quarter 2026 financial results, reporting a significant increase in revenue and net income. The company raised its full-year 2026 guidance for both revenue and Adjusted EBITDA, signaling strong performance and positive outlook. TKO also announced its intention to initiate further share repurchases. The results were driven by strong performance across its segments, particularly UFC, while WWE saw a slight revenue decrease.

Key Highlights

  • TKO reported Q3 2026 revenue of $1.36 billion, a 21% increase year-over-year.
  • Net income for Q3 2026 was $277.9 million, up from $106.8 million in the prior year.
  • Adjusted EBITDA increased 54% to $555.7 million in Q3 2026.
  • Full year 2026 revenue guidance raised to $5.79 billion - $5.83 billion.
  • Full year 2026 Adjusted EBITDA guidance raised to $2.295 billion - $2.315 billion.
  • Company intends to commence additional share repurchases under its existing program.
  • UFC revenue increased 60% to $519.2 million in Q3 2026.
  • WWE revenue decreased 1% to $399.3 million in Q3 2026.