8-K ·Filed May 6, 2026

TKO

TKO Group Holdings, Inc.
BULLISH
Impact 7/10
Horizonweeks Processed4mo ago SEC0001193125-26-208955
8-K Item 2.02: Earnings release
Actionable Insight ▲ Bullish

TKO's broad-based growth and reaffirmed guidance suggest sustained momentum. The $1B buyback authorization underscores capital return commitment. Monitor Q2 for UFC's Paramount deal ramp and FIFA World Cup contributions from On Location. The stock may re-rate higher if guidance is raised later in the year.

DirectionBullish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
TKO ▼ -1.92% at T+60d
LONG call ✗ call lost -1.92% · α vs SPY -5.75% · entry $187.51 → $183.91
Entry anchored
May 6, 2026
via day open
T+1d
-0.38%
call -0.38% · α -1.21%
$186.79
settled 5mo ago
T+5d
-2.03%
call -2.03% · α -3.54%
$183.70
settled 5mo ago
T+20d
+5.90%
call +5.90% · α +2.76%
$198.57
settled 4mo ago
T+60d
-1.92%
call -1.92% · α -5.75%
$183.91
settled 2mo ago

Price Chart

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Executive Summary

TKO reported Q1 2026 revenue of $1.597B (+26% YoY) and diluted EPS of $1.12, beating consensus by 23%. Adjusted EBITDA surged 32% to $549.8M. Management reaffirmed full-year 2026 guidance and authorized an additional $1B share repurchase program, signaling confidence in sustained momentum across UFC, WWE, and IMG segments.

Key Financial Metrics

EPS
$1.12
est $0.91 · +23.1%
Revenue
$1.6B
+25.9% YoY
Rating
strong beat
Guidance
$5.675B-$5.775B
maintained
Free Cash Flow
$674.5M

Key Facts

  • Revenue $1.597B, up 26% YoY
  • Diluted EPS $1.12 vs consensus $0.91 (+23% beat)
  • Adjusted EBITDA $549.8M, up 32% YoY; margin improved to 34%
  • Reaffirmed FY2026 revenue guidance $5.675-$5.775B and Adjusted EBITDA $2.240-$2.290B
  • Board authorized incremental $1B share repurchase program
  • Operating cash flow $694.5M, Free cash flow $674.5M
  • All segments grew: UFC +12%, WWE +22%, IMG +38%, Corporate/Other +36%

Financial Impact

Strong revenue and earnings beat; incremental $1B buyback adds ~2.8% to market cap at current price

revenueepsadjusted-ebitdafree-cash-flow

Risk Factors

  • Gross debt increased to $4.67B (net leverage 2.3x) from buyback-related borrowings
  • Legal costs of $23.2M related to antitrust and stockholder litigation remain elevated
  • Dependence on media rights renewals and event ticket sales
  • Integration risk from acquired businesses (IMG, On Location, PBR)

Market Snapshot

Exchange
NYSE
Sector
Services-Amusement & Recreation Services
Analyst Consensus
75% bullish (28 analysts)

Investment Themes

Services

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-208955
Document: tko-ex99_2.htm0001193125-26-208955
Document: tko-20260506.htm0001193125-26-208955
Document: 0001193125-26-208955-index-headers.html0001193125-26-208955
Document: 0001193125-26-208955-index.html0001193125-26-208955
Document: 0001193125-26-208955.txt0001193125-26-208955
8-K Data (Synthetic)0001193125-26-208955
7 reports for TKO
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TKO — sortable, filterable
TypeNow
Aug 20, 2026
6w ago
Insider Cluster
NEUTRAL ★ 4/10
$195.45 $189.26▼ −3.17%▼ −3.17%$175.58 (−10.17%)
Jul 20, 2026
10w ago
144
NEUTRAL ★ 2/10
$181.70 $192.11▲ +5.73%▲ +3.17%$175.58 (−3.37%)
Jun 26, 2026
14w ago
144
NEUTRAL ★ 2/10
$211.62 $180.62▼ −14.65%▼ −14.37%$175.58 (−17.03%)
Jun 12, 2026
16w ago
144
NEUTRAL ★ 3/10
$201.19 $180.96▼ −10.06%▼ −9.31%$175.58 (−12.73%)
Jun 11, 2026
16w ago
Institutional Cluster
BULLISH ★ 6/10
$213.70 $188.18▼ −11.94%▼ −13.83%$175.58 (−17.84%)
May 18, 2026
19w ago
Insider Cluster
BULLISH ★ 5/10
$193.07 $194.53▲ +0.76%▼ −0.23%$175.58 (−9.06%)
May 6, 2026
21w ago
8-K
BULLISH ★ 7/10
$187.51 $198.57▲ +5.90%▲ +2.76%$175.58 (−6.36%)
Showing 7 of 7

US Market Status

Market Closed — Opens Mon (64h 7m)

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