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NYSE: TKO TKO Group Holdings, Inc. 8-K

TKO reports Q1 2026 earnings, restates three years of financials for recent acquisitions

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

3 key changes 2 high relevance

Key Changes

  • high

    TKO restated 2023-2025 financials to retroactively include Professional Bull Riders, On Location, and IMG businesses as if they were part of the company during those periods, changing the basis for year-over-year comparisons.

    Item 7.01 view on EDGAR →
  • high

    Company announced first quarter 2026 financial results. Actual earnings figures are contained in the press release exhibit attached to this filing.

    Item 7.01 view on EDGAR →
  • medium

    The restatements reflect common-control merger accounting treatment for the acquired businesses, providing supplemental historical information for fiscal years 2023, 2024, and 2025.

    Item 7.01 view on EDGAR →

Summary

TKO Group Holdings reported its first quarter 2026 earnings while simultaneously restating three years of historical financials. The restatements incorporate Professional Bull Riders, On Location, and certain IMG brand businesses into the 2023-2025 results as if these entities had been part of TKO throughout those periods. This accounting treatment, known as common-control merger accounting, fundamentally changes the baseline for comparing current performance to prior years.

Retail investors should understand that year-over-year growth rates will now be calculated against these restated figures rather than the original reported results. This makes it harder to assess organic growth versus acquisition-driven expansion.

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