TKO Reports Third Quarter 2026 Results
Business Wire•04/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $1.360 billion, up 21% year over year
- ➤Q3 Adjusted EBITDA $555.7 million, up 54%; margin reached 41%
- ➤2026 revenue guidance raised to $5.790 billion-$5.830 billion
- ➤2026 Adjusted EBITDA guidance raised to $2.295 billion-$2.315 billion
- ➤TKO plans additional buybacks, with $936.0 million remaining authorization
Expert Statements
Mark Shapiro, President and COO of TKO
“Our third quarter performance reflects the secular tailwinds powering live events and experiences around the world, and TKO’s assets sit front and center of that premium ecosystem.”
Mark Shapiro, President and COO of TKO
“As we close out what we’ve called our year of execution, our decision to raise full-year guidance for the second time this year is the clearest expression of our conviction across the entire portfolio.”
Mark Shapiro, President and COO of TKO
“Our business is durable and our fundamentals are solid, with the vast majority of our existing revenues locked in for the next five to seven years.”
Mark Shapiro, President and COO of TKO
“Macro trends are firmly in our favor, every facet of sports consumption is pointing north, and we see substantial runway ahead.”
* Year-to-date, the Company has returned in excess of $1.6 billion of capital to equity holders through share repurchases and dividend payments and related distributions
* The Company increased its target for revenue to $5.790 billion to $5.830 billion
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