TKO Group Holdings (TKO) Q4 FY2025 earnings: revenue $1.0 billion, up 11.9% on the year
TKO Group Holdings, Inc. (TKO) reported revenue of $1.0 billion for Q4 FY2025, the quarter ended 31 December 2025, up 11.9% on the same quarter a year earlier. Net income was -$2 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2026.
Revenue
$1.0 billion
+11.9% on the year · -7.3% on the quarter
Q1 FY2024Q4 FY2025
Operating margin
5.5%
5.9% a year earlier
Q1 FY2024Q4 FY2025
Net income
-$2 million
Q1 FY2024Q4 FY2025
Diluted EPS
-$0.08
Q1 FY2024Q4 FY2025
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 new.
Fourth quarter revenue and profit rose: Fourth-quarter revenue was $1.038 billion, up $110.2 million, and net income was $0.8 million against a $60.9 million loss. Adjusted EBITDA rose 30% to $281.2 million.
Full-year revenue down, EBITDA up: Full-year revenue was $4.735 billion, down 3%, while Adjusted EBITDA rose 47% to $1.585 billion. Full-year net income was $546.2 million, compared with a net loss of $245.8 million a year earlier.
Full-year UFC revenue and Adjusted EBITDA: Full-year UFC revenue was $1.502 billion, up 7%, and Adjusted EBITDA was $851.0 million, up 6%, at a 57% margin in both years.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.
Cash flow
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Operating cash flow
310
417
56.8
-25.6%
+445.2%
Cash from investing
n/a
-24.0
6.1
Cash from financing
n/a
-63.9
7.3
Depreciation and amortisation
156
129
102
+20.8%
+52.8%
Share-based compensation
n/a
19.9
22.3
Dividends paid
60.6
62.4
n/a
-2.8%
Diluted shares, weighted
n/a
199m
n/a
Shares outstanding at period end
194m
195m
n/a
-0.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Shareholders' equity
3,737
3,821
4,091
-2.2%
-8.6%
Non-controlling interest
5,478
5,606
4,606
-2.3%
+18.9%
Redeemable equity
34.4
21.9
21.9
+57.4%
+57.4%
Debt
3,762
3,737
2,759
+0.7%
+36.3%
Operating lease liabilities
41.1
43.8
28.5
-6.2%
+44.2%
Finance lease liabilities
219
223
230
-1.6%
-4.5%
Other liabilities
2,223
2,093
964
+6.2%
+130.7%
Total liabilities and equity
15,496
15,547
12,700
-0.3%
+22.0%
Fixed assets
640
597
534
+7.2%
+19.9%
Goodwill
8,445
8,445
7,664
+0.0%
+10.2%
Intangible assets
3,328
3,453
3,263
-3.6%
+2.0%
Investments
132
123
32.2
+6.5%
+309.0%
Cash and equivalents
831
861
526
-3.5%
+58.1%
Receivables
558
583
184
-4.3%
+203.3%
Other assets
1,562
1,484
497
+5.3%
+214.5%
Total assets
15,496
15,547
12,700
-0.3%
+22.0%
Questions
What was TKO Group Holdings' revenue in Q4 FY2025?
TKO Group Holdings (TKO) reported revenue of $1.0 billion for Q4 FY2025, the quarter ended 31 December 2025, up 11.9% on the same quarter a year earlier.
How much did TKO Group Holdings earn in Q4 FY2025?
Net loss for Q4 FY2025 was $2 million, and the diluted loss per share $0.08.
When did TKO Group Holdings report Q4 FY2025 results?
TKO Group Holdings filed its 10-K for the quarter ended 31 December 2025 with the SEC on 25 February 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-K for the period ended 31 December 2025, filed 25 February 2026: the filing.