TKO revenue up 26% to $1.60B on Olympics, new media deals; debt rises for buybacks

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~2 min read

Key Changes

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  Revenue grew 26% YoY to $1.6B driven by $177.5M from Milano Cortina Olympics hospitality, new Paramount deals for UFC and PBR, and Netflix/ESPN agreements for WWE. Saudi Arabia's Royal Rumble generated $47.2M in financial incentives.

  MD&A: Revenue verify on EDGAR →
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  Debt increased $1.9B to $4.6B via September 2025 and March 2026 term loans, driving interest expense up 35% to $60.6M. Proceeds fund $838.3M accelerated share repurchase and expanded $3B total buyback authorization (up from $2B).

  MD&A: Debt & Capital Returns verify on EDGAR →
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  Quarterly dividend doubled to $0.78/share from $0.38/share YoY, reflecting strong cash generation and shareholder return commitment alongside aggressive buyback program.

  MD&A: Dividends verify on EDGAR →