Quarterly ResultMay 6, 2026, 04:16 PM
TKO Q1 Revenue $1.597B, Net Income $249.8M; Authorizes $1B Buyback
AI Summary
TKO Group Holdings, Inc. announced strong financial results for the first quarter ended March 31, 2026, with revenue increasing 26% to $1.597 billion and net income reaching $249.8 million. Adjusted EBITDA grew 32% to $549.8 million, and the company reaffirmed its full-year 2026 guidance. Additionally, TKO's board authorized an incremental $1.0 billion share repurchase program, underscoring confidence in its long-term value.
Key Highlights
- Board authorized an additional $1.0 billion share repurchase program.
- Q1 2026 Revenue increased 26% to $1.597 billion.
- Q1 2026 Net Income was $249.8 million, an $84.3 million improvement YoY.
- Q1 2026 Adjusted EBITDA increased 32% to $549.8 million.
- Q1 2026 Free Cash Flow was $674.5 million, up $539.0 million YoY.
- UFC segment revenue increased 12% to $401.2 million.
- WWE segment revenue increased 22% to $475.7 million.
- Reaffirmed full-year 2026 revenue guidance of $5.675B-$5.775B.