TKO (TKO Group Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

TKO (TKO Group Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

TKOTKO Group Holdings, Inc.

Mkt Cap$17B

Communication Services·Entertainment·🇺🇸 United States·NYSE

Revenue (TTM)$4.7B

Net Income (TTM)$195M

EPS (TTM)$2.30

Free Cash Flow (TTM)$1.2B

Gross Margin49.6%

Op. Margin20.3%

Net Margin4.1%

FCF Margin25.6%

P/S Ratio (TTM)3.5x

P/E Ratio (TTM)84.7x

YoY Rev Growth+26.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$307M	$202M	$157M
Q2 23	$305M	$207M	$155M
Q3 23	$449M	$287M	$94M
Q4 23	$614M	$299M	$98M
Q1 24	$1.2B	$495M	$182M
Q2 24	$1.2B	$483M	$127M
Q3 24	$681M	$376M	$182M
Q4 24	$642M	$327M	$105M
Q1 25	$1.3B	$601M	$285M
Q2 25	$1.3B	$733M	$387M
Q3 25	$1.1B	$551M	$197M
Q4 25	$1.0B	$463M	$92M

Valuation

Quarter	P/S	P/E
Q1 23	13.3x	49.5x
Q2 23	13.5x	45.1x
Q3 23	12.4x	76.8x
Q4 23	9.9x	123.6x
Q1 24	6.4x	—
Q2 24	4.8x	—
Q3 24	4.5x	—
Q4 24	4.4x	1763.1x
Q1 25	4.4x	96.4x
Q2 25	4.2x	78.4x
Q3 25	3.8x	72.3x
Q4 25	3.5x	84.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$70M	$65M
Q2 23	$111M	$106M
Q3 23	$158M	$225M
Q4 23	$221M	$185M
Q1 24	$45M	$8M
Q2 24	$307M	$280M
Q3 24	$237M	$280M
Q4 24	$57M	$37M
Q1 25	$163M	$136M
Q2 25	$396M	$424M
Q3 25	$417M	$399M
Q4 25	$313M	$253M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$5M
Q2 23	$5M
Q3 23	$67M
Q4 23	$36M
Q1 24	$37M
Q2 24	$27M
Q3 24	$44M
Q4 24	$20M
Q1 25	$27M
Q2 25	$27M
Q3 25	$18M
Q4 25	$60M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-8.0%	-38.0%
Q2 23	-7.0%	-42.1%
Q3 23	+31.8%	+107.7%
Q4 23	+126.0%	+241.0%
Q1 24	+298.5%	+596.7%
Q2 24	+291.0%	+611.3%
Q3 24	+51.7%	+40.6%
Q4 24	+4.6%	+4.1%
Q1 25	+3.8%	-5.5%
Q2 25	+9.7%	-13.6%
Q3 25	+64.4%	+84.8%
Q4 25	+61.6%	+76.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$6M	1.9%
Q2 23	$6M	1.9%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$20M	2.9%
Q4 24	$20M	3.1%
Q1 25	$30M	2.4%
Q2 25	$33M	2.5%
Q3 25	$20M	1.8%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$45M
Q2 23	$52M
Q3 23	$193M
Q4 23	$201M
Q1 24	$313M
Q2 24	$356M
Q3 24	$194M
Q4 24	$221M
Q1 25	$316M
Q2 25	$346M
Q3 25	$379M
Q4 25	$405M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$198M	$268M	$465M
Q2 23	$318M	$206M	$524M
Q3 23	$189M	$0	$189M
Q4 23	$236M	$0	$236M
Q1 24	$246M	$0	$246M
Q2 24	$278M	$0	$278M
Q3 24	$457M	$0	$457M
Q4 24	$526M	$0	$526M
Q1 25	$471M	$0	$471M
Q2 25	$535M	$0	$535M
Q3 25	$861M	$0	$861M
Q4 25	$831M	$0	$831M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	83M	-6.2%
Q2 23	78M	-6.4%
Q3 23	83M	+6.8%
Q4 23	83M	-0.5%
Q1 24	82M	-0.5%
Q2 24	82M	-0.6%
Q3 24	172M	+109.6%
Q4 24	172M	+0.2%
Q1 25	182M	+5.6%
Q2 25	199M	+9.8%
Q3 25	199M	-0.1%
Q4 25	195M	-2.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	—	—
FY 20	—	—
FY 21	—	—
FY 22	—	—
FY 23	$1M	1K
FY 24	$2M	1K
FY 25	$1M	4K