TKO Group Holdings, Inc. reported significant financial performance for the second quarter of 2026, with total revenue reaching $1.55 billion, an increase of 18% compared to $1.31 billion in the same period last year. For the first half of 2026, revenue rose to $3.14 billion, up 22% from $2.58 billion in the first half of 2025. The company's operating income for the second quarter was $429.8 million, compared to $368.3 million in the prior year, while net income attributable to TKO Group Holdings increased to $101.6 million from $98.3 million.
The growth in revenue was driven by strong performances across all segments, particularly the UFC and WWE. UFC revenue surged by 29% to $535.7 million, bolstered by increased media rights fees and partnerships, despite a decrease in live event revenue due to one fewer numbered event. WWE also saw a 12% increase in revenue to $620.9 million, primarily from higher media rights and consumer products licensing. The IMG segment contributed $354.7 million, a 16% increase, largely due to hospitality sales related to major events like the FIFA World Cup 2026.
Operationally, TKO Group Holdings has made strategic moves, including the completion of the Endeavor Asset Acquisition, which has expanded its portfolio to include IMG and On Location. The company has also been active in share repurchases, having repurchased approximately $967.6 million of its Class A common stock in the first half of 2026. The total cash and cash equivalents, along with restricted cash, stood at $1.55 billion as of June 30, 2026, reflecting a strong liquidity position.
In terms of operational metrics, TKO's employee headcount has remained stable, and the company continues to focus on enhancing its market share in the sports and entertainment sectors. The company reported a total of 12 UFC events in the second quarter, with a mix of domestic and international locations. The WWE segment hosted 80 events, including premium live events and televised shows, indicating robust engagement with its audience.
Looking ahead, TKO Group Holdings expressed optimism about its growth trajectory, citing expectations for continued revenue growth driven by strategic partnerships and content distribution agreements. The company remains focused on leveraging its combined assets to enhance profitability and shareholder value, while navigating the competitive landscape of the sports and entertainment industry.
About TKO Group Holdings, Inc.
A leading sports and sports entertainment company, TKO owns and manages UFC and WWE, two globally popular combat and entertainment brands. It generates revenue through media rights, live events, sponsorships, and consumer product licensing. With extensive international reach, diverse fanbases, and a multichannel distribution model, TKO leverages its intellectual property and strategic partnerships to maintain competitive advantage in the global sports ecosystem.
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