Filing Flows › TKO Group Holdings (TKO) › Q4 2025
TKO Group Holdings (TKO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
TKO Group Holdings (TKO) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -7% from the quarter before. Operating margin was 5.5%, net earnings $847K (0.1% of revenue).
TKO Group Holdings, Q4 2025: revenue $1.0B (+12% year over year), operating margin 5.5%, net earnings $847K, operating cash flow $310M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -7% | +12% |
| Operating profit | $57.4M | -67% | — |
| Net earnings | $847K | -98% | — |
| Operating cash flow | $310M | -26% | +452% |
| Free cash flow | $249M | — | +775% |
What changed
Revenue was $1.0B in Q4 2025, up 12% year over year and down 7% from the previous quarter.
Operating profit was $0.06B, a 5.5% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 6% margin then. Total costs grew 12% against revenue growth of 12%. The fastest-growing cost line was SG&A (+14%). Net earnings were −$2.4M.
Operating cash flow was $0.31B (up 452% year over year), 36589% of net income including minority interests. Non-cash charges added back $0.16B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.12B. After purchases of property, buildings and equipment and other assets ($0.06B), free cash flow as the company reports it was $0.25B.
Questions
What was TKO Group Holdings' revenue in the fourth quarter 2025?
TKO Group Holdings (TKO) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -7% from the quarter before.
Was TKO Group Holdings profitable in the fourth quarter 2025?
Operating profit was $57.4M (5.5% of revenue) and net earnings $847K.
Source: TKO Group Holdings 10-K on SEC EDGAR.