AI brief of an SEC Form 8-K · TKO Group (TKO)

TKO recasts 2024 revenue to $4.9 billion as operating income drops to $30.9 million

Mixed Impact 3 of 5 earnings Written later

TKO Group Holdings filed recast historical financials for fiscal 2022 through 2024 that include the IMG business, On Location and Professional Bull Riders, acquired from Endeavor affiliates on February 28, 2025, as if the deal had closed January 1, 2022. For 2024, revenue rose 51% to $4,884.2 million, but operating income fell to $30.9 million from $375.8 million, while net income attributable to TKO Group Holdings was $9.3 million compared with a loss of $35.2 million in 2023. The filing does not amend or restate prior annual reports.

Key points

  • Revenue for the year ended December 31, 2024 was $4,884.2 million, up from $3,224.8 million in 2023.
  • Operating income was $30.9 million in 2024, down from $375.8 million in 2023.
  • Net income attributable to TKO Group Holdings, Inc. was $9.3 million in 2024, versus a net loss of $35.2 million in 2023; net loss attributable to non-controlling interests was $255.1 million.
  • The recast reflects the Endeavor asset acquisition closed February 28, 2025, and does not revise the company's Form 10-K filings for 2022 through 2024.

The filing

CompanyTKO Group (TKO)
Form8-K, current report
Filed with the SECMay 8, 2025, 5:08 PM ET
Accession number0000950170-25-067188

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.