Filing Flows › TKO Group Holdings (TKO) › Q2 2026 › vs Q2 2025
TKO Group Holdings (TKO) Q2 2026 vs Q2 2025 (year over year)
TKO Group Holdings's revenue rose $239M (+18%) from $1.3B in Q2 2025 to $1.5B in Q2 2026. Operating margin 27.8% against 28.1% (-0.4 pts).
TKO Group Holdings, Q2 2026: revenue $1.5B (+18% year over year), operating margin 27.8%, net earnings $102M, operating cash flow $374M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 27.8% | 28.1% | -0.4 pts |
| Net margin | 6.6% | 7.5% | -1.0 pts |
| Free cash flow margin | 22.6% | 28.7% | -6.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $239M | +18% |
| Operating profit | $430M | $368M | $61.5M | +17% |
| Costs & expenses | $1.1B | $940M | $177M | +19% |
| Pre-tax earnings | $357M | $320M | $37.6M | +12% |
| Other expense, net | $72.6M | $48.7M | $23.9M | +49% |
| SG&A | $463M | $364M | $98.3M | +27% |
| Other operating costs | $655M | $576M | $78.8M | +14% |
| Net earnings | $102M | $98.4M | $3.2M | +3% |
| Minority interests | $202M | $175M | $27.6M | +16% |
| Income tax | $53.2M | $46.5M | $6.8M | +15% |
| Depreciation & amortization | $98.5M | $99.4M | −$897K | -0.9% |
| Share-based compensation | $40.4M | $33.0M | $7.4M | +22% |
| Working capital & other | $133M | $165M | −$32.0M | -19% |
| Operating cash flow | $374M | $396M | −$22.3M | -6% |
| Free Cash Flow (company-reported) | $350M | $375M | −$25.4M | -7% |
| Purchases of property, buildings and equipment and other assets | $24.4M | $21.3M | $3.1M | +15% |
Questions
How much did TKO Group Holdings's revenue grow year over year in Q2 2026?
TKO Group Holdings's revenue rose $239M (+18%) from $1.3B in Q2 2025 to $1.5B in Q2 2026. Operating margin 27.8% against 28.1% (-0.4 pts).