Filing Flows › TKO Group Holdings (TKO) › Q2 2025
TKO Group Holdings (TKO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
TKO Group Holdings (TKO) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), +10% from a year earlier and +3% from the quarter before. Operating margin was 28.1%, net earnings $98.4M (7.5% of revenue).
TKO Group Holdings, Q2 2025: revenue $1.3B (+10% year over year), operating margin 28.1%, net earnings $98.4M, operating cash flow $396M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +3% | +10% |
| Operating profit | $368M | +55% | +221% |
| Net earnings | $98.4M | +68% | +66% |
| Operating cash flow | $396M | +143% | +29% |
| Free cash flow | $375M | — | +34% |
What changed
Revenue was $1.3B in Q2 2025, up 10% year over year and up 3% from the previous quarter.
Operating profit was $0.37B, a 28.1% margin (up 18.5 points year over year). Of the extra revenue versus a year earlier, 220% reached operating profit, above the 10% margin then. Total costs fell 13% while revenue rose 10%. Net earnings were $0.10B, up 66% year over year. The effective tax rate was 14.5%.
Operating cash flow was $0.40B (up 29% year over year), 145% of net income including minority interests. Non-cash charges added back $0.10B of depreciation and amortization and $0.03B of share-based compensation. After purchases of property, buildings and equipment and other assets ($0.02B), free cash flow as the company reports it was $0.37B.
Questions
What was TKO Group Holdings' revenue in the second quarter 2025?
TKO Group Holdings (TKO) reported revenue of $1.3B for the second quarter 2025 (Q2 2025), +10% from a year earlier and +3% from the quarter before.
Was TKO Group Holdings profitable in the second quarter 2025?
Operating profit was $368M (28.1% of revenue) and net earnings $98.4M.
Source: TKO Group Holdings 10-Q on SEC EDGAR.