TKO revenue +18% on new media deals; net income -57% as below-the-line costs offset ops gain

Filed August 3, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~2 min read

Key Changes

• high

  Net income to common fell 57% to $101.6M despite operating income rising 17% to $429.8M — the earnings decline came from below-the-line items (taxes, interest, non-operating), not operations. Interest expense rose $38M on higher debt levels.

  MD&A: Operating vs Net Income verify on EDGAR →
• high

  Company repurchased $967.6M of Class A stock in H1 2026 ($800M via accelerated share repurchase, $167.6M open-market), funded by a $967.6M debt upsize in March. Quarterly dividend more than doubled to $0.79/share from $0.38.

  MD&A: Capital Return / Notes: Buyback verify on EDGAR →
• high

  UFC Freedom 250 event at the White House drove $61.8M in partnerships revenue (no ticket sales) and $85.2M in incremental production/athlete costs — a high-profile sponsorship showcase, not a recurring gate-driven event.

  MD&A: UFC Revenue verify on EDGAR →