TKO Group Holdings, Inc. (TKO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TKO SEC filings page.
TKO Group Holdings, Inc. (TKO) reported $5.3B in revenue over the twelve months to Jun 30, 2026, up 5.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
TKO's 2025 rebound shows a cash-generating business, but shareholder returns now sit beside a more leveraged, goodwill-heavy balance sheet.
Profitability recovered without top-line growth: despite slightly lower revenue in FY2025, operating margin rose from0.6% to17.6% , indicating the earnings rebound came from operating mechanics rather than volume. Cash conversion also strengthened: operating cash flow more than doubled to$1.29B while net income reached$546M , so reported profits were accompanied by cash generation.
Leverage increased alongside the rebound: debt-to-equity rose from 0.7x to 1.0x in FY2025, increasing the balance sheet's reliance on creditors. Long-term debt reached
Short-term coverage improved: the current ratio rose from 1.1x to 1.3x, giving current assets more room over current obligations. Yet buybacks and dividends together totaled about
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of TKO Group Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
TKO Group Holdings, Inc. has an operating margin of 17.6%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 63/100, indicating healthy but not exceptional operating efficiency. This is up from 0.6% the prior year.
TKO Group Holdings, Inc.'s revenue declined 3.1% year-over-year, from $4.9B to $4.7B. This contraction results in a growth score of 83/100.
TKO Group Holdings, Inc. has a moderate D/E ratio of 1.00. This balance of debt and equity financing earns a leverage score of 30/100.
TKO Group Holdings, Inc.'s current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 32/100. The company can meet its near-term obligations, though with limited headroom.
Not available for TKO Group Holdings, Inc., and counted as zero in the overall score.
TKO Group Holdings, Inc.'s ROE of 14.6% shows moderate profitability relative to equity, earning a score of 42/100. This is up from 0.2% the prior year.
TKO Group Holdings, Inc. scores 2.20, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($34.4B) relative to total liabilities ($11.8B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
TKO Group Holdings, Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, TKO Group Holdings, Inc. generates $2.35 in operating cash flow ($1.3B OCF vs $546.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
TKO Group Holdings, Inc. earns $4.12 in operating income for every $1 of interest expense ($835.0M vs $202.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
TKO Group Holdings, Inc. generated $1.5B in revenue in Q2 2026. This represents an increase of 18.2% from the same quarter a year earlier. Against the prior quarter it is down 3.1%.
TKO Group Holdings, Inc.'s EBITDA was $528.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 13.0% from the same quarter a year earlier. Against the prior quarter it is up 9.5%.
TKO Group Holdings, Inc. reported $101.6M in net income in Q2 2026. This represents an increase of 3.3% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.
TKO Group Holdings, Inc. earned $1.34 per diluted share (EPS) in Q2 2026. This represents an increase of 14.5% from the same quarter a year earlier. Against the prior quarter it is up 19.6%.
Cash & Balance Sheet
TKO Group Holdings, Inc. held $592.5M in cash against $4.6B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
TKO Group Holdings, Inc.'s operating margin was 27.8% in Q2 2026, reflecting core business profitability. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.6 percentage points.
TKO Group Holdings, Inc.'s net profit margin was 6.6% in Q2 2026, showing the share of revenue converted to profit. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
TKO Group Holdings, Inc.'s ROE was 3.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
Not reported for Q2 2026.
Capital Allocation
TKO Group Holdings, Inc. spent $129.3M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 84.6%.
Not reported for Q2 2026.
Not reported for Q2 2026.
TKO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B+18.2% | $1.6B+25.9% | $1.0B+11.9% | $1.1B-27.3% | $1.3B+9.7% | $1.3B+3.8% | $927.9M-57.1% | $1.5B+243.1% |
| SG&A Expenses | $462.6M+27.0% | $380.2M+4.7% | N/A | $379.2M-0.1% | $364.4M-1.0% | $363.3M-45.6% | N/A | $379.6M+96.5% |
| Operating Income | $429.8M+16.7% | $338.5M+42.6% | $57.4M+4.3% | $172.0M+396.5% | $368.3M+220.7% | $237.4M+236.7% | $55.0M+787.4% | $34.6M-63.1% |
| EBITDA | $528.3M+13.0% | $482.3M+42.7% | $213.3M+35.8% | $301.1M+101.4% | $467.7M+100.1% | $337.9M+756.0% | $157.1M+1.9% | $149.5M+19.1% |
| Interest Expense | $70.6M+46.5% | $60.6M+35.3% | N/A | $50.8M-14.5% | $48.2M-23.5% | $44.8M-26.8% | N/A | $59.4M-2.0% |
| Income Tax | $53.2M+14.6% | $34.0M+60.4% | N/A | $12.8M+345.8% | $46.5M+603.2% | $21.2M+469.6% | N/A | $2.9M-74.3% |
| Net Income | $101.6M+3.3% | $89.4M+53.0% | -$2.4M-107.7% | $41.0M+77.2% | $98.4M+66.4% | $58.4M+156.2% | $31.0M+188.0% | $23.1M+205.7% |
| EPS (Basic) | $1.36+13.3% | $1.16+61.1% | -$0.03-107.9% | $0.50+72.4% | $1.20+64.4% | $0.72+157.1% | $0.38+188.4% | $0.29+211.5% |
| EPS (Diluted) | $1.34+14.5% | $1.12+62.3% | -$0.08 | $0.47+67.9% | $1.17+62.5% | $0.69+154.8% | $0.28+165.1% | $0.28+207.7% |
| Diluted Shares (Avg) | 76M-61.9% | 195M+7.2% | N/A | 199M+16.0% | 199M+143.5% | 182M+120.4% | N/A | 172M+106.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TKO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.3B+6.0% | $16.0B+6.7% | $15.5B+2.5% | $15.5B+21.7% | $15.3B+20.6% | $15.0B+18.0% | $15.1B-1.8% | $12.8B+0.3% |
| Current Assets | $3.2B+67.8% | $2.9B+93.2% | $2.3B+52.4% | $2.2B+147.5% | $1.9B+155.3% | $1.5B+161.1% | $1.5B-6.1% | $893.8M+78.4% |
| Cash & Equivalents | $592.5M+10.7% | $788.9M+67.5% | $831.1M+34.1% | $861.4M+88.3% | $535.1M+92.8% | $470.9M+91.6% | $619.8M+71.8% | $457.4M+142.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $1.1B+67.3% | $760.4M+61.0% | $558.3M+32.0% | $583.2M+132.7% | $633.5M+115.0% | $472.4M+175.4% | $423.0M+18.1% | $250.6M+28.0% |
| Long-Term Investments | $128.0M+4.1% | $133.8M+20.6% | $131.6M+30.0% | $123.5M+272.3% | $123.0M+670.8% | $110.9M+593.5% | $101.2M+29.0% | $33.2M+93.8% |
| Goodwill | $8.4B0.0% | $8.4B0.0% | $8.4B0.0% | $8.4B+10.2% | $8.4B+10.1% | $8.4B+10.1% | $8.4B0.0% | $7.7B+0.3% |
| Total Liabilities | $12.9B+16.2% | $12.6B+16.6% | $11.8B+6.7% | $11.7B+34.4% | $11.1B+26.9% | $10.8B+24.9% | $11.0B-2.3% | $8.7B+1.8% |
| Current Liabilities | $2.5B+70.2% | $2.2B+79.8% | $1.8B+30.7% | $1.5B+99.0% | $1.5B+96.0% | $1.2B+106.5% | $1.4B+1.9% | $763.4M+91.1% |
| Non-Current Liabilities | $10.4B+7.9% | $10.5B+8.6% | $9.9B+3.2% | $10.2B+28.2% | $9.6B+20.4% | $9.6B+18.9% | $9.6B-2.9% | $8.0B-2.6% |
| Long-Term Debt | $4.6B+68.4% | $4.6B+68.4% | $3.7B+36.1% | $3.7B+37.2% | $2.7B+0.7% | $2.7B+0.7% | $2.7B+0.7% | $2.7B-0.8% |
| Total Equity | $3.4B-20.4% | $3.4B-18.9% | $3.7B-8.6% | $3.8B-5.5% | $4.3B+6.9% | $4.2B+3.2% | $4.1B-0.4% | $4.0B-2.9% |
| Retained Earnings | -$1.4B-983.7% | -$1.4B-498.8% | -$797.3M-173.3% | -$752.4M-133.1% | -$130.0M+62.5% | -$231.2M+3.3% | -$291.7M-115.7% | -$322.8M-1375.0% |
Not reported in any period shown, so not listed: Inventory.
TKO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $373.9M-5.6% | $694.5M+326.6% | $309.9M+452.3% | $416.8M+134.2% | $396.2M+29.0% | $162.8M+262.9% | $56.1M+203.2% | $178.0M+165.7% |
| Depreciation & Amortization | $98.5M-0.9% | $143.8M+43.0% | $155.9M+52.8% | $129.1M+12.4% | $99.4M-16.4% | $100.5M-17.6% | $102.1M-37.1% | $114.9M+262.4% |
| Stock-Based Compensation | N/A | $39.6M+30.8% | N/A | $19.9M-10.4% | $33.0M+23.1% | $30.3M-5.9% | N/A | $22.2M-9.5% |
| Investing Cash Flow | -$26.4M-41.4% | -$21.5M+30.7% | -$73.2M-6920.1% | -$24.0M+27.2% | -$18.7M+33.7% | -$31.0M+43.7% | -$1.0M+98.8% | -$32.9M-158.0% |
| Financing Cash Flow | -$523.5M-226.4% | -$127.5M+31.3% | -$225.8M-624.6% | -$63.9M-206.0% | -$160.4M+34.5% | -$185.7M-1299.7% | $43.0M-61.3% | $60.3M+156.3% |
| Dividends Paid | $58.9M+89.4% | $58.5M+88.2% | $60.6M | $62.4M | $31.1M | $31.1M | N/A | N/A |
| Share Buybacks | $129.3M | $838.3M | $40.7M | N/A | N/A | N/A | $0 | $0 |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
TKO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 27.8%-0.4pp | 21.2%+2.5pp | 5.5%-0.4pp | 15.4%+13.1pp | 28.1%+18.5pp | 18.7%+32.9pp | 5.9%+6.3pp | 2.3%-18.6pp |
| Net Margin | 6.6%-1.0pp | 5.6%+1.0pp | -0.2%-3.6pp | 3.7%+2.2pp | 7.5%+2.6pp | 4.6%+13.1pp | 3.3%+5.0pp | 1.5%+6.4pp |
| Return on Equity | 3.0%+0.7pp | 2.6%+1.3pp | -0.1%-0.8pp | 1.1%+0.5pp | 2.3%+0.8pp | 1.4%+4.0pp | 0.8%+1.6pp | 0.6%+1.1pp |
| Return on Assets | 0.6%0.0pp | 0.6%+0.2pp | 0.0%-0.2pp | 0.3%+0.1pp | 0.6%+0.2pp | 0.4%+1.2pp | 0.2%+0.4pp | 0.2%+0.3pp |
| Current Ratio | 1.280.0x | 1.34+0.1x | 1.26+0.2x | 1.46+0.3x | 1.30+0.3x | 1.25+0.3x | 1.08-0.1x | 1.17-0.1x |
| Debt-to-Equity | 1.35+0.7x | 1.36+0.7x | 1.00+0.3x | 0.97+0.3x | 0.640.0x | 0.660.0x | 0.670.0x | 0.670.0x |
| Asset Turnover | 0.100.0x | 0.100.0x | 0.070.0x | 0.070.0x | 0.090.0x | 0.080.0x | 0.06-0.1x | 0.12+0.1x |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| TKO Group Holdings, Inc. TKO | FY2025 | $4.7B | $546.3M | 11.5% | $34.4B | 42/100 |
| News Corporation NWS | FY2026 | $9.0B | $743.0M | 8.2% | $17.0B | 38/100 |
| Warner Music Group Corp. WMG | FY2025 | $6.7B | $365.0M | 5.4% | $14.7B | 50/100 |
| News Corporation NWSA | FY2026 | $9.0B | $743.0M | 8.2% | $15.4B | 38/100 |
| Roku, Inc. ROKU | FY2025 | $4.7B | $88.4M | 1.9% | $22.7B | 52/100 |
| Fox Corporation FOXA | FY2026 | $17.1B | $1.7B | 9.8% | $26.4B | 46/100 |
Where TKO Group Holdings, Inc. Ranks
Frequently Asked Questions
What is TKO Group Holdings, Inc.'s annual revenue?
TKO Group Holdings, Inc. (TKO) reported $4.7B in total revenue for fiscal year 2025. This represents a -3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is TKO Group Holdings, Inc.'s revenue growing?
TKO Group Holdings, Inc. (TKO) revenue declined by 3.1% year-over-year, from $4.9B to $4.7B in fiscal year 2025.
Is TKO Group Holdings, Inc. profitable?
Yes, TKO Group Holdings, Inc. (TKO) reported a net income of $546.3M in fiscal year 2025, with a net profit margin of 11.5%.
What is TKO Group Holdings, Inc.'s EBITDA?
TKO Group Holdings, Inc. (TKO) had EBITDA of $1.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TKO Group Holdings, Inc. have?
As of fiscal year 2025, TKO Group Holdings, Inc. (TKO) had $831.1M in cash and equivalents against $3.7B in long-term debt.
What is TKO Group Holdings, Inc.'s operating margin?
TKO Group Holdings, Inc. (TKO) had an operating margin of 17.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is TKO Group Holdings, Inc.'s net profit margin?
TKO Group Holdings, Inc. (TKO) had a net profit margin of 11.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is TKO Group Holdings, Inc.'s return on equity (ROE)?
TKO Group Holdings, Inc. (TKO) has a return on equity of 14.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is TKO Group Holdings, Inc.'s operating cash flow?
TKO Group Holdings, Inc. (TKO) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are TKO Group Holdings, Inc.'s total assets?
TKO Group Holdings, Inc. (TKO) had $15.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What is TKO Group Holdings, Inc.'s current ratio?
TKO Group Holdings, Inc. (TKO) had a current ratio of 1.26 as of fiscal year 2025, which is considered adequate.
What is TKO Group Holdings, Inc.'s debt-to-equity ratio?
TKO Group Holdings, Inc. (TKO) had a debt-to-equity ratio of 1.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TKO Group Holdings, Inc.'s return on assets (ROA)?
TKO Group Holdings, Inc. (TKO) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is TKO Group Holdings, Inc.'s P/E ratio?
TKO Group Holdings, Inc. (TKO) trades at 150x earnings, its market capitalization divided by net income of $229.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $34.4B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TKO Group Holdings, Inc.'s price-to-sales ratio?
TKO Group Holdings, Inc. (TKO) trades at 6.5x sales, its market capitalization divided by revenue of $5.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $34.4B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TKO Group Holdings, Inc.'s Altman Z-Score?
TKO Group Holdings, Inc. (TKO) has an Altman Z-Score of 2.20, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is TKO Group Holdings, Inc.'s Piotroski F-Score?
TKO Group Holdings, Inc. (TKO) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TKO Group Holdings, Inc.'s earnings high quality?
TKO Group Holdings, Inc. (TKO) has an earnings quality ratio of 2.35x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can TKO Group Holdings, Inc. cover its interest payments?
TKO Group Holdings, Inc. (TKO) has an interest coverage ratio of 4.12x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is TKO Group Holdings, Inc.?
TKO Group Holdings, Inc. (TKO) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.