What is the primary revenue source for TKO Group Holdings (TKO)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze TKO's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out TKO Group Holdings's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How TKO Group Holdings Makes Money: TKO Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

Operating margin improved by 0.94 percentage points year over year.

Revenue: USD 3.14B
Largest revenue segment share (Media rights, production and content): 49.68%
Income tax expense: USD 87.22M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Income tax expenseProvision for income taxes · IncomeTaxExpenseBenefit
Largest revenue segment share (Media rights, production and content)Media rights, production and content · segment_value / revenue * 100
Operating marginOperating income · operating_income / revenue * 100
RevenueRevenue · Revenues

Assets

Where is the money tied up, and how is the company financed?

Watch

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Goodwill accounts for 51.93% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 8.45B
Accounts receivable: USD 1.06B
Property, plant and equipment: USD 628.14M
Total liabilities: USD 7.90B
Shareholder equity: USD 8.33B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty, buildings and equipment, net · PropertyPlantAndEquipmentNet
Shareholder equityTotal stockholders' equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesLiabilities · Liabilities
Accounts receivableAccounts receivable (net of allowance for doubtful accounts of $28,067 and $30,733, respectively) · AccountsReceivableNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 559.62% of net income.

Net income: USD 190.93M
Operating cash flow: USD 1.07B
Cash conversion: 559.62%

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet income attributable to tko group holdings, inc. · NetIncomeLoss
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Capital expenditure data is missing, so free cash flow cannot be calculated.

Shareholders

Did the money earned actually make its way back to shareholders?

Neutral

The company returned cash to shareholders, but free cash flow data is missing, so coverage cannot be assessed.

Cash dividends: USD 117.34M
Share repurchases: USD 967.62M
Net shareholder return: USD 1.08B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesRepurchase amount of stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?