NYSE$TKO

TKO Group Holdings Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

TKO Group reported Q1 2026 revenue of $1.60B and net income attributable to TKO of $89.4M, with diluted EPS of $1.16.

Revenue rose 26% to $1.60 billion on media rights and live events. Operating income was $338.5 million. Net income attributable to TKO was $89.4 million versus $58.4 million; diluted EPS was $1.16 ($0.72 prior year). WWE/UFC integration and sponsorship growth remain central themes.

  • Revenue $1,596.9M (+26% YoY).
  • Operating income $338.5M.
  • Net income to TKO $89.4M; diluted EPS $1.16.
  • Direct operating costs up with event calendar.

Headline financials

Total Revenue

$1.6B

Previous: $1.27B+25.9%
EPS (adj)

$1.16

Previous: $0.69+68.1%
Net Income

$89.4M

Previous: $58.4M+53.0%
Operating Income

$338M

Previous: $237M+42.6%

Revenue & EPS history

TKO · Revenue · Quarterly

$1.6B

Q1 2026+25.9%vs Q1 2025
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

MD&A highlights media rights renewals and event scheduling; no numeric quarterly EPS guide in the 10-Q.

Tailwinds

  • Strong top-line growth across sports entertainment.
  • Operating leverage on higher revenue.
  • Partnership and media-rights tailwinds.

Headwinds

  • High direct operating costs for events.
  • Interest expense rose to $60.6M.
  • Non-controlling interests absorb majority of net income.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.6%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.0%

Avg return

30 days after

45%

5 / 11 earnings

Positive

+8.0%

Q4 2025

Best reaction

-5.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.9%-3.7%+9.0%
Q4 2025+8.0%+6.1%-8.7%
Q3 2025-3.3%-4.0%+8.0%
Q2 2025+3.3%+19.5%+24.7%
Q1 2025-5.5%-4.0%-1.8%
Q4 2024+2.3%-5.3%-4.1%
Q3 2024-1.0%+1.7%-6.6%
Q2 2024+0.0%+2.6%+1.6%
Q1 2024+0.0%+7.1%+9.6%
Q4 2022+0.0%-3.6%+4.2%
Q3 2023+1.2%-6.3%-14.0%

Discussion

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