TKO reports Q2 revenue of $1.55B, raises full-year guidance, announces additional buybacks

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue reached $1.547B (+18% YoY) with Adjusted EBITDA of $649.9M (+23% YoY, 42% margin). Full-year guidance raised to $5.775B–$5.825B revenue and $2.275B–$2.305B Adjusted EBITDA, reflecting strong first-half performance.

  Exhibit 99.1 view on EDGAR →
• high

  TKO intends to commence additional share repurchases under its up to $3B authorization, with slightly over $1B remaining. Year-to-date capital return exceeds $1.3B through buybacks and dividends ($0.79/share quarterly).

  Exhibit 99.1 view on EDGAR →
• medium

  UFC Freedom 250 event at the White House in June 2026 drove partnerships revenue growth but lowered UFC's Adjusted EBITDA margin to 52% from 59%; excluding this event, margins would have expanded year-over-year.

  Exhibit 99.1 view on EDGAR →