TKO Group Holdings, Inc. (TKO) financial statements: income statement, balance sheet and cash flow
TKO Group Holdings, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), TKO Group Holdings, Inc. reported revenue of $4.7B (+68.9% year on year) and net income of $546.3M (+8466.6% year on year).
Income statement
TKO Group Holdings, Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Revenue
$4.7B
$2.8B
$1.7B
Direct operating costs
$1.9B
$899.9M
$514.6M
Selling, general and administrative expenses
$1.5B
$1.2B
$549.1M
Depreciation and amortization
$485.0M
$392.8M
$164.6M
Total operating expenses
$3.9B
$2.5B
$1.2B
Operating income
$835.0M
$282.9M
$446.7M
Interest expense, net
($202.7M)
($249.1M)
($239.0M)
Other (expense) income, net
($25.7M)
$563.0K
($186.0K)
Income (loss) before income taxes and equity earnings of affiliates
$606.6M
$34.4M
$207.4M
Provision for income taxes
$73.8M
$25.7M
$31.4M
Income (loss) before equity income of affiliates
$532.9M
$8.6M
$176.0M
Equity income of affiliates, net of tax
($13.4M)
$2.3M
$266.0K
Net income (loss)
$546.3M
$6.4M
$175.7M
Less: Net income (loss) attributable to non-controlling interests
$350.9M
($3.0M)
($32.5M)
Less: Net income attributable to TKO Operating Company, LLC and the Acquired Businesses prior to the TKO Transactions
$0
—
—
Net income (loss) attributable to TKO Group Holdings, Inc.
$195.4M
$9.4M
($35.2M)
Basic net earnings (loss) per share of Class A common stock
$2.42
$0.12
-$0.43
Diluted net earnings (loss) per share of Class A common stock
$2.26
$0.02
-$0.43
Weighted average number of common shares used in computing basic earnings (loss) per share
$80818190.00
$81340472.00
$82808019.00
Weighted average number of common shares used in computing diluted net earnings (loss) per share
$194011072.00
$171874540.00
$82808019.00
TKO Group Holdings, Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenue
$1.5B
$1.6B
$1.1B
$1.3B
Direct operating costs
$556.1M
$734.4M
$439.7M
$476.4M
Selling, general and administrative expenses
$462.6M
$380.2M
$379.2M
$364.4M
Depreciation and amortization
$98.5M
$143.8M
$129.1M
$99.4M
Total operating expenses
$1.1B
$1.3B
$948.0M
$940.1M
Operating income
$429.8M
$338.5M
$172.0M
$368.3M
Interest expense, net
($70.6M)
($60.6M)
($50.8M)
($48.2M)
Other income (expense), net
$2.4M
$4.2M
($3.2M)
($7.8M)
Income before income taxes and equity earnings of affiliates
$361.6M
$282.1M
$117.9M
$312.3M
Provision for income taxes
$53.2M
$34.0M
$12.8M
$46.5M
Income before equity earnings of affiliates
$308.4M
$248.2M
$105.2M
$265.8M
Equity (loss) earnings of affiliates, net of tax
($4.4M)
$1.6M
($1.6M)
($7.3M)
Net income
$303.9M
$249.8M
$106.8M
$273.1M
Less: Net income attributable to non-controlling interests
$202.4M
$160.4M
$65.8M
$174.7M
Net income attributable to TKO Group Holdings, Inc.
$101.6M
$89.4M
$41.0M
$98.4M
Basic net earnings per share of Class A common stock
$1.36
$1.16
$0.50
$1.20
Diluted net earnings per share of Class A common stock
$1.34
$1.12
$0.47
$1.17
Weighted average number of common shares used in computing basic earnings per share
$74797769.00
$77325480.00
$81520538.00
$81757675.00
Weighted average number of common shares used in computing diluted net earnings per share
$75870706.00
$194631394.00
$199061830.00
$199279343.00
Balance sheet
TKO Group Holdings, Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Cash and cash equivalents
$831.1M
$525.6M
$235.8M
Restricted cash
$354.9M
—
—
Accounts receivable (net of allowance for doubtful accounts of $30,733 and $20,639, respectively)
$558.3M
$184.1M
$135.4M
Deferred costs
$234.8M
—
—
Other current assets
$350.0M
$160.0M
$121.2M
Total current assets
$2.3B
$869.6M
$492.4M
Property, buildings and equipment, net
$639.9M
$533.8M
$608.4M
Intangible assets, net
$3.3B
$3.3B
$3.6B
Finance lease right-of-use assets, net
$231.8M
$239.6M
$255.7M
Operating lease right-of-use assets, net
$54.8M
$31.7M
$35.5M
Goodwill
$8.4B
$7.7B
$7.7B
Investments
$131.6M
$32.2M
$16.4M
Other assets
$335.9M
$65.5M
$52.1M
Total assets
$15.5B
$12.7B
$12.7B
Accounts payable
$194.8M
$29.7M
$42.0M
Accrued liabilities
$526.3M
$479.1M
$267.4M
Current portion of long-term debt
$38.1M
$26.5M
$22.4M
Current portion of finance lease liabilities
$22.7M
$13.1M
$8.1M
Current portion of operating lease liabilities
$17.6M
$4.7M
$4.2M
Deferred revenue
$663.0M
$101.2M
$119.0M
Other current liabilities
$384.6M
$16.3M
$9.0M
Total current liabilities
$1.8B
$670.7M
$472.1M
Long-term debt
$3.7B
$2.7B
$2.7B
Long-term finance lease liabilities
$219.5M
$229.8M
$245.3M
Long-term operating lease liabilities
$41.1M
$28.5M
$32.9M
Deferred tax liabilities
$301.7M
$312.2M
$372.9M
Other long-term liabilities
$112.2M
$7.5M
$3.0M
Total liabilities
$6.2B
$4.0B
$3.8B
Redeemable non-controlling interests
$34.4M
$21.9M
$11.6M
Common stock
$2.0K
$2.0K
$2.0K
Additional paid-in capital
$4.6B
$4.4B
$4.2B
Accumulated other comprehensive loss
($17.5M)
($2.5M)
($332.0K)
Accumulated deficit
($797.3M)
($291.7M)
($135.2M)
Total TKO Group Holdings, Inc. stockholders' equity
$3.7B
$4.1B
$4.1B
Nonredeemable non-controlling interests
$5.5B
$4.6B
$4.7B
Total stockholders' equity
$9.2B
$8.7B
$8.8B
Total liabilities, redeemable non-controlling interests and stockholders' equity
$15.5B
$12.7B
$12.7B
TKO Group Holdings, Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$592.5M
$788.9M
$861.4M
$535.1M
Restricted cash
$959.7M
$937.3M
$311.9M
$323.4M
Accounts receivable (net of allowance for doubtful accounts of $28,067 and $30,733, respectively)
$1.1B
$760.4M
$583.2M
$633.5M
Deferred costs
$133.0M
$118.0M
$185.2M
$140.8M
Other current assets
$465.4M
$330.1M
$270.6M
$280.1M
Total current assets
$3.2B
$2.9B
$2.2B
$1.9B
Property, buildings and equipment, net
$628.1M
$634.8M
$597.1M
$606.4M
Intangible assets, net
$3.1B
$3.2B
$3.5B
$3.5B
Finance lease right-of-use assets, net
$248.4M
$255.2M
$236.2M
$237.1M
Operating lease right-of-use assets, net
$55.2M
$51.6M
$56.6M
$62.2M
Goodwill
$8.4B
$8.4B
$8.4B
$8.4B
Investments
$128.0M
$133.8M
$123.5M
$123.0M
Other assets
$401.2M
$356.2M
$423.2M
$429.9M
Total assets
$16.3B
$16.0B
$15.5B
$15.3B
Accounts payable
$282.8M
$210.8M
$265.9M
$283.9M
Accrued liabilities
$745.3M
$429.1M
$444.5M
$393.9M
Current portion of long-term debt
$45.5M
$45.9M
$36.4M
$27.0M
Current portion of finance lease liabilities
$25.5M
$27.2M
$21.6M
$20.2M
Current portion of operating lease liabilities
$18.3M
$18.1M
$17.0M
$18.0M
Deferred revenue
$483.7M
$552.1M
$508.0M
$439.5M
Other current liabilities
$911.4M
$908.8M
$226.0M
$294.1M
Total current liabilities
$2.5B
$2.2B
$1.5B
$1.5B
Long-term debt
$4.6B
$4.6B
$3.7B
$2.7B
Long-term finance lease liabilities
$238.3M
$240.7M
$223.0M
$223.9M
Long-term operating lease liabilities
$42.2M
$39.0M
$43.8M
$48.3M
Deferred tax liabilities
$301.1M
$301.1M
$336.4M
$337.2M
Other long-term liabilities
$220.4M
$129.5M
$273.9M
$170.7M
Total liabilities
$7.9B
$7.5B
$6.1B
$5.0B
Redeemable non-controlling interests
$34.4M
$34.4M
$21.9M
$21.9M
Common stock
$2.0K
$2.0K
$2.0K
$2.0K
Additional paid-in capital
$4.8B
$4.8B
$4.6B
$4.4B
Accumulated other comprehensive loss
($20.5M)
($20.9M)
($18.0M)
($15.6M)
Accumulated deficit
($1.4B)
($1.4B)
($752.4M)
($130.0M)
Total TKO Group Holdings, Inc. stockholders’ equity
$3.4B
$3.4B
$3.8B
$4.3B
Nonredeemable non-controlling interests
$4.9B
$5.1B
$5.6B
$6.1B
Total stockholders' equity
$8.3B
$8.5B
$9.4B
$10.3B
Total liabilities, redeemable non-controlling interests and stockholders' equity
$16.3B
$16.0B
$15.5B
$15.3B
Cash flow statement
TKO Group Holdings, Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Net income (loss)
$546.3M
$6.4M
$175.7M
Depreciation and amortization
$485.0M
$392.8M
$164.6M
Amortization and impairments of content costs
$26.3M
$25.2M
$23.8M
Impairment charges
$3.6M
$27.9M
—
Amortization and write-off of original issue discount and deferred financing costs
$2.8M
$10.4M
$10.6M
Loss on sale of assets
$10.5M
—
—
Equity-based compensation
$117.6M
$94.6M
$57.1M
Income taxes
$20.8M
($70.3M)
$6.8M
Equity earnings of affiliates
($13.4M)
$2.3M
$266.0K
Change in fair value of financial instruments
($5.3M)
—
—
Net loss (gain) on foreign currency transactions
$15.6M
—
—
Net provision (benefit) for allowance for doubtful accounts
$12.8M
—
—
Other, net
$56.0K
$582.0K
$1.3M
Accounts receivable
($140.2M)
($52.7M)
$15.1M
Other current assets
($30.0M)
($29.1M)
$11.6M
Other noncurrent assets
($74.9M)
($34.8M)
($17.1M)
Deferred costs
($52.7M)
—
—
Accounts payable and accrued liabilities
$97.7M
$220.9M
$38.2M
Deferred revenue
$241.6M
($17.7M)
($17.2M)
Other liabilities
$10.7M
$4.3M
($2.6M)
Net cash provided by operating activities
$1.3B
$583.4M
$468.4M
Purchases of property, buildings and equipment and other assets
($127.0M)
($74.9M)
($48.6M)
Investments in affiliates, net
($30.7M)
($23.5M)
$765.0K
Acquisitions, net of cash acquired
($8.7M)
—
—
Proceeds from the sale of property and equipment
$5.8M
—
—
Proceeds from infrastructure improvement incentives
$11.7M
$11.0M
—
Proceeds from sales of investments and other
$1.9M
—
—
Net cash used in investing activities
($146.9M)
($59.0M)
$12.3M
Repayment of long-term debt
($70.4M)
($2.9B)
($133.4M)
Proceeds from borrowings
$1.1B
$2.9B
$100.0M
Repurchase of Class A common stock
($866.8M)
($165.0M)
($100.0M)
Net transfers (to) from parent
($122.5M)
—
—
Contributions from parent
$26.5M
—
—
Distributions to members
($455.6M)
($67.3M)
($296.6M)
Dividends paid
($185.2M)
—
—
Payments for financing costs
($3.3M)
($8.3M)
($286.0K)
Taxes paid related to net settlement upon vesting of equity awards
($10.8M)
($5.7M)
—
Distributions of non-controlling interests
($60.0K)
—
—
Net cash used in financing activities
($635.7M)
($232.3M)
($424.5M)
Effects of exchange rate movements on cash
$4.8M
($2.4M)
($923.0K)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
$507.9M
$289.7M
$55.3M
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD
$678.1M
$235.8M
$180.6M
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD
$1.2B
—
—
Cash paid for interest
$215.0M
$267.5M
$226.5M
Cash payments for income taxes
$57.3M
$89.0M
$23.2M
TKO Group Holdings, Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$553.7M
$249.8M
$545.4M
$438.7M
Depreciation and amortization
$242.3M
$143.8M
$329.1M
$199.9M
Amortization and impairments of content costs
$13.3M
$6.7M
$20.9M
$13.6M
Amortization and write-off of original issue discount and deferred financing cost
$2.1M
$867.0K
$2.0M
$1.3M
Equity-based compensation
$80.0M
$39.6M
$83.2M
$63.3M
Income taxes
$54.5M
$19.7M
$47.8M
$41.0M
Other, net
$2.4M
($2.2M)
($9.1M)
$1.6M
Accounts receivable
($504.9M)
($205.3M)
($153.3M)
($208.2M)
Other current assets
($96.5M)
($789.0K)
($45.2M)
($74.7M)
Other noncurrent assets
($67.1M)
($21.5M)
($43.6M)
$31.4M
Deferred costs
$96.0M
$116.0M
—
—
Accounts payable, accrued liabilities and other current liabilities
$757.9M
$439.9M
($28.8M)
$21.2M
Deferred revenue
($57.5M)
($95.4M)
$79.7M
$37.7M
Other liabilities
($7.7M)
$3.4M
$123.4M
$2.0M
Net cash provided by operating activities
$1.1B
$694.5M
$975.8M
$559.0M
Purchases of property, buildings and equipment and other assets
($44.4M)
($20.0M)
($66.5M)
($48.6M)
Investments in affiliates, net
($4.0M)
($2.0M)
($16.3M)
($13.8M)
Proceeds from sales of property and equipment
$106.0K
$75.0K
$5.8M
$5.8M
Proceeds from infrastructure improvement incentives
$392.0K
—
$10.4M
$5.4M
Net cash used in investing activities
($47.9M)
($21.5M)
($73.7M)
($49.7M)
Repayment of long-term debt
($63.7M)
($17.0M)
($53.3M)
($20.8M)
Proceeds from borrowings
$929.9M
$900.0M
$1.0B
—
Repurchase of Class A common stock
($967.6M)
($838.3M)
($826.1M)
—
Distributions to members
($408.0M)
($90.8M)
($313.8M)
($166.7M)
Dividends paid
($117.3M)
($58.5M)
($124.5M)
($62.1M)
Payments for financing costs
($14.8M)
($14.8M)
($3.3M)
—
Taxes paid related to net settlement upon vesting of equity awards
($8.1M)
($8.1M)
($10.8M)
—
Distributions of non-controlling interests
($1.3M)
—
($60.0K)
($448.0K)
Net cash used in financing activities
($651.0M)
($127.5M)
($410.0M)
($346.0M)
Effects of exchange rate movements on cash
($3.3M)
($5.3M)
$3.0M
$17.1M
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
$366.2M
$540.3M
$495.2M
$180.4M
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD
$1.2B
$1.2B
$678.1M
$678.1M
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD
$1.6B
$1.7B
$1.2B
$858.5M
Cash paid for interest
$135.7M
$63.2M
$167.0M
$103.2M
Cash payments for income taxes
$88.6M
$21.5M
$45.9M
$31.3M
Capital expenditures included in current liabilities