| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.4K | 12.1% | 21.4% |
| Total Income | 1.4K | 12.1% | 21.4% |
| Expenditure | 982.58 | 12.1% | 3.6% |
| PBT | 317.14 | 12.3% | 168.9% |
| Net Profit | 98.69 | 2.9% | 140.7% |
| OPM | 27.76% | 0.02pp | 12.41pp |
| NPM | 7.26% | 0.69pp | 3.60pp |
| EPS | 1.35 | 0.7% | 170.0% |
TKO Group Holdings Reports Q3 2026 Results, Raises Full Year Guidance
05 Nov 2026 · 1d ago, 2:51 am
Summary
TKO Group Holdings reported strong third quarter 2026 results, with revenue climbing 21% year-over-year to $1.360 billion and net income reaching $277.9 million. Adjusted EBITDA saw a substantial 54% increase to $555.7 million, with margins expanding to 41%. The company raised its full-year 2026 guidance for both revenue and Adjusted EBITDA, reflecting confidence in its performance and outlook. Management cited secular tailwinds in live events and experiences as a key driver, with a significant portion of existing revenues secured for the next five to seven years.
Key Highlights
- 1
TKO Group Holdings announced third quarter 2026 revenue of $1.360 billion, an increase of 21% year-over-year.
- 2
Net income for the third quarter of 2026 was $277.9 million, a significant increase from $106.8 million in the prior year period.
- 3
Adjusted EBITDA for the third quarter of 2026 increased by 54% to $555.7 million, with the Adjusted EBITDA margin improving to 41% from 32%.
- 4
The Company raised its full-year 2026 guidance for revenue to $5.790 billion - $5.830 billion and for Adjusted EBITDA to $2.295 billion - $2.315 billion.
- 5
UFC revenue increased 60% to $519.2 million, driven by media rights, live events, and partnerships.
- 6
IMG segment revenue grew 16% to $391.3 million, primarily due to increases in partnerships and live events.
- 7
The Company announced its intent to commence additional share repurchases under its existing program.
Management Comments
Mark Shapiro
Our third quarter performance reflects the secular tailwinds powering live events and experiences around the world, and TKO’s assets sit front and center of that premium ecosystem. As we close out what we’ve called our year of execution, our decision to raise full-year guidance for the second time this year is the clearest expression of our conviction across the entire portfolio. Our business is durable and our fundamentals are solid, with the vast majority of our existing revenues locked in for the next five to seven years. Macro trends are firmly in our favor, every facet of sports consumption is pointing north, and we see substantial runway ahead.
Informational and educational content only. Not investment advice.