TKO GROUP HOLDINGS INC

Latest Results (13.11.2025):

TKO GROUP HOLDINGS INC reported its first quarter 2025 results, showcasing robust performance with revenue reaching $1,268.8 million, net income of $165.5 million, and adjusted EBITDA of $417.4 million. These strong figures, driven by the UFC and WWE segments, underpin the company’s decision to raise its full year 2025 guidance, now incorporating the financial impact of its recent acquisitions of IMG Business, On Location, and PBR.

Strong Overall Financial Performance

In Q1 2025, TKO GROUP HOLDINGS INC delivered notable financial recovery with net income turning positive at $165.5 million, a significant turnaround from a net loss in the previous year, aided by higher revenues and decreased operating expenses.

Segment Contributions

WWE led the charge with a 24% revenue increase to $391.5 million, driven by enhanced media rights and live event revenues, while UFC’s revenue rose 15% to $359.7 million, attributed to increased live events and marketing success. Conversely, IMG experienced a 13% revenue decline to $476.3 million due to lower live events and media rights income.

Enhanced Full Year Guidance

The updated full year 2025 guidance reflects two cases: excluding the Acquired Businesses, revenue is expected between $3.005 billion and $3.075 billion with adjusted EBITDA between $1.390 billion and $1.430 billion; including them, targets are revised to revenue between $4.490 billion and $4.560 billion and adjusted EBITDA from $1.490 billion to $1.530 billion.

Improved Cash Flow and Expense Management

Operating activities generated $162.8 million in cash flow, and free cash flow surged to $135.5 million. These gains were supported by lower selling, general, and administrative expenses following the absence of a significant legal settlement charge that impacted the previous period.