TKO Releases Second Quarter 2026 Earnings Report, Revenue Up 18% to $1.547 Billion

TKO has announced its second quarter 2026 financial results, with total revenue at $1.547 billion. The company announced the earnings on Monday which include an Adjusted EBITDA of $649.9 million.

For the quarterly earnings, TKO cited a 26% increase in revenue of $303.9 million for a total revenue of $1.547 billion. It’s noted that the increase is mainly reflected in an increase of $119.8 million to UFC, to $535.7 million, an increase of $64.7 million at WWE, to $620.9 million, and an increase of $48.1 million at the IMG segment, to $354.7 million.

Net income saw an overall improvement of $30.8 million in the prior year period, which was $237.1 million, to Q2 2026 net income of $303.9 million. TKO states that the improvement is based on an increase in revenue partially offset by an increase in operating expenses.

In a statement via a press release on the earnings, TKO CEO Ari Emanuel commented, “Despite a challenging global environment, TKO delivered solid results in Q2, with strong momentum heading into the back half of the year. Premium live content and experiences are heating up in an increasingly AI-driven world, and our businesses are well positioned to fully capitalize on societal secular tailwinds.”

TKO President and COO Mark Shapiro also commented, “From UFC Freedom 250 to the FIFA World Cup, TKO continues to deliver on the biggest stages and this quarter reinforced our 2026 execution story. Our decision to raise full-year guidance reflects both our performance to date and our confidence in TKO’s multi-year trajectory. Our global fan base is expanding, and we are capitalizing on the commercial promise across ticketing, premium hospitality, marketing partnerships, and financial incentive packages. The demand in the experience economy is undeniable and positions us well for multi-year growth, margin expansion, and overall value creation.”