What is the revenue and EPS growth rate for TKO Group Holdings year over year?

What were the key takeaways from TKO Group Holdings's earnings call?

What guidance did TKO Group Holdings's management provide for the next earnings period?

What is TKO Group Holdings's gross profit margin?

What does TKO Group Holdings do and what are its main business segments?

What is the market's earnings forecast for TKO Group Holdings next quarter?

Did TKO Group Holdings beat or miss consensus estimates last quarter?

What were the key takeaways from TKO Group Holdings’s earnings call?

- **Media Rights Wins**: $7.7B UFC-Paramount deal and ESPN-WWE partnership lock in high-margin, escalatable revenue.
- **Financial Strength**: Q3 2025 revenue $1.12B, EBITDA $360M; raised 2025 guidance to $4.7B revenue and $1.58B EBITDA.
- **Boxing Breakthrough**: Canelo vs. Crawford generated $47M gate, 41M viewers; Zuffa JV to launch 2026 with Paramount media rights.
- **Global Growth**: 2026 to include three Saudi Arabia WWE events, expanded site fees, and >$450M partnership revenue.

**【CEO Summary Section】**
- **Landmark Media Rights Deals**: Secured a 7-year, $7.7B UFC deal with Paramount and a 5-year WWE premium live events partnership with ESPN, driving recurring revenue and global reach.
- **Financial Milestones**: Announced a $1B stock buyback, doubled quarterly dividend, and raised full-year 2025 guidance to $4.69B-$4.72B in revenue and $1.57B-$1.58B in adjusted EBITDA.
- **Live Events Success**: UFC 319 set a Chicago record, and WWE’s Summerslam sold over 100K tickets at MetLife Stadium. Zuffa Boxing’s Canelo vs. Crawford fight generated $47M in gate revenue and 41M global viewers.
- **Strategic Initiatives**: Expanded site fee negotiations globally, with 2026 featuring three Saudi Arabia WWE events and new boxing media rights with Paramount.

**【CFO Financial Commentary】**
- **Q3 2025 Results**: Revenue $1.12B, adjusted EBITDA $360M (32% margin). UFC revenue $325M (-8%), WWE $402M (+23%), IMG $337M (-59%).
- **Free Cash Flow**: Generated $399M, with 111% conversion of adjusted EBITDA. Raised 2025 free cash flow target to >60% of adjusted EBITDA.
- **2026 Outlook**: Media rights deals with Paramount and ESPN to add high-margin, escalatable revenue. Boxing JV (Zuffa) to contribute management fees and media rights commissions.

**【Q&A Key Highlights】**
- **Media Rights Strategy**: Paramount’s base-tier subscription model for UFC expands reach, while ESPN’s promotional ecosystem boosts WWE’s footprint. International rights negotiations prioritize brand, reach, and revenue.
- **Boxing Growth**: Canelo vs. Crawford event showcased super fight potential, with 2-4 such events/year. Zuffa Boxing JV to launch in 2026 with Paramount media rights.
- **Site Fees Momentum**: 2026 to include three Saudi Arabia WWE events, plus new site fee opportunities in the U.S. and globally, targeting multi-million dollar deals.
- **Partnership Expansion**: New sponsors like Wingstop and Maybelline highlight >$450M in 2025 partnership revenue, with long-term goal of $1B by 2030.

TKO Group Holdings, Inc. (TKO) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

TKO

TKO fundamentals

You can ask Aime