NYSE$TKO

TKO Group Holdings Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

TKO reported Q4 2025 revenue of $1.04B and net income of $0.8M, with adjusted EBITDA of $281.2M.

Fourth-quarter revenue was $1.038 billion; net income was $0.8 million as integration and corporate costs weighed on GAAP earnings. Adjusted EBITDA was $281.2 million. Full-year revenue was $4.735 billion with net income of $546.2 million; the company targets up to $1B in share repurchases starting March 2026.

  • Q4 revenue $1.04B.
  • Q4 adjusted EBITDA $281.2M.
  • FY2025 revenue $4.74B; FY net income $546M.
  • 2026 revenue guidance $5.68B–$5.78B.

Headline financials

Total Revenue

$1.04B

Previous: $3.22B-67.8%
EPS (adj)

-$0.08

Previous: -$0.43+81.4%
Adjusted EBITDA

$281M

No prior period
Adjusted EBITDA Margin

27.0%

No prior period
Total Operating Expenses

$981M

No prior period
Direct Operating Costs

$420M

No prior period
Net Income

$800K

Previous: -$35.2M+102.3%
Operating Income

$57.4M

Previous: $376M-84.7%
Gross Profit

$619M

Previous: $327M+89.5%

Revenue & EPS history

TKO · Revenue · Quarterly

$1.04B

Q4 2025-67.8%vs Q4 2024
Beat estimate in 4 of 4 quarters(100%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2025

Historical avgQ4 2025

+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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