TKO Group Holdings said revenue for Q2 2025 was $1.308 billion, an increase of 10%, or $115.2 million, and net income was $273.1 million, up from $46.2 million in the prior year period.

1. 01

   TKO Group Holdings said revenue for Q2 2025 was $1.308 billion, an increase of 10%, or $115.2 million, and net income was $273.1 million, up from $46.2 million in the prior year period.

2. 02

   The company said Adjusted EBITDA for Q2 increased 75%, or $225.7 million, to $526.5 million, and Adjusted EBITDA margin increased to 40% from 25%. By segment, UFC was $244.8 million, WWE was $329.8 million, and IMG was $29.0 million.

3. 03

   TKO raised its full-year guidance announced in May. The company increased its revenue targets to $4.630 billion to $4.690 billion from $4.490 billion to $4.560 billion and its Adjusted EBITDA targets to $1.540 billion to $1.560 billion from $1.490 billion to $1.530 billion.

4. 04

   The company said cash flows generated by operating activities for Q2 were $396.2 million and Free Cash Flow was $374.9 million. Working capital included the favorable impact of approximately $164.8 million of pre-payments held in escrow related to the 2026 FIFA World Cup and the adverse impact of a $125.0 million payment related to the UFC antitrust lawsuit.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.