TKO Group Holdings (TKO) Q3 FY2026 earnings: revenue $1.4 billion, up 21.5% on the year
TKO Group Holdings, Inc. (TKO) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 21.5% on the same quarter a year earlier. Net income was $99 million, up 140.7% on the year, and diluted earnings per share $1.33. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$1.4 billion
+21.5% on the year · -12.1% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
27.8%
15.4% a year earlier
Q4 FY2024Q3 FY2026
Net income
$99 million
+140.7% on the year · -2.8% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$1.33
+183.0% on the year · -0.7% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 raised.
Revenue grew 21% to $1.360 billion: Revenue was $1.360 billion, up $240.2 million. UFC added $194.0 million and IMG $54.6 million, while WWE declined $2.8 million.
Adjusted EBITDA rose 54%: Adjusted EBITDA was $555.7 million, against $360.2 million a year earlier. WWE rose $9.4 million and IMG $54.5 million over the same period.
UFC revenue up 60% on media fees: UFC revenue was $519.2 million, up 60%, with media rights, production and content revenue up $132.3 million. The release names Skydance; the second quarter release named Paramount for the January 2026 agreement.
$ 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.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
472
374
417
+26.3%
+13.3%
Cash from investing
-18.2
-26.4
-24.0
Cash from financing
-415
-523
-63.9
Depreciation and amortisation
93.0
98.5
129
-5.6%
-28.0%
Share-based compensation
39.6
40.4
19.9
-1.9%
+99.3%
Buybacks
156
129
n/a
+20.7%
Dividends paid
57.7
58.9
62.4
-2.1%
-7.5%
Diluted shares, weighted
74m
76m
199m
-2.3%
-62.7%
Shares outstanding at period end
189m
189m
195m
-0.4%
-3.3%
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
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
3,365
3,396
3,821
-0.9%
-11.9%
Non-controlling interest
4,884
4,935
5,606
-1.0%
-12.9%
Redeemable equity
34.4
34.4
21.9
0.0%
+57.4%
Debt
4,618
4,629
3,737
-0.2%
+23.6%
Operating lease liabilities
54.0
42.2
43.8
+27.9%
+23.4%
Finance lease liabilities
240
238
223
+0.5%
+7.4%
Other liabilities
2,947
2,989
2,093
-1.4%
+40.8%
Total liabilities and equity
16,142
16,264
15,547
-0.7%
+3.8%
Fixed assets
605
628
597
-3.6%
+1.4%
Goodwill
8,445
8,445
8,445
-0.0%
-0.0%
Intangible assets
3,081
3,147
3,453
-2.1%
-10.8%
Investments
122
128
123
-5.0%
-1.4%
Cash and equivalents
631
592
861
+6.5%
-26.8%
Receivables
1,003
1,060
583
-5.4%
+71.9%
Other assets
2,256
2,263
1,484
-0.3%
+52.1%
Total assets
16,142
16,264
15,547
-0.7%
+3.8%
Questions
What was TKO Group Holdings' revenue in Q3 FY2026?
TKO Group Holdings (TKO) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 21.5% on the same quarter a year earlier.
How much did TKO Group Holdings earn in Q3 FY2026?
Net income for Q3 FY2026 was $99 million, up 140.7% on the year, and diluted earnings per share $1.33.
When did TKO Group Holdings report Q3 FY2026 results?
TKO Group Holdings filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 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-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.