TKO Group recast 2023 revenue up 21% to $3.2 billion; operating income fell
TKO Group Holdings filed recast historical financial statements for fiscal 2023 and 2022 to reflect the Endeavor asset acquisition as if it had closed on January 1, 2022, and to adopt ASU 2023-07 segment reporting. The filing does not update the company's prior annual reports. For shareholders, it shows higher recast revenue but lower operating income and a net loss attributable to TKO Group Holdings for 2023.
Key points
- Recast 2023 revenue was $3,224.8 million, up from $2,674.0 million in 2022, an increase of 21%.
- Recast 2023 operating income was $375.8 million, down from $532.9 million in 2022.
- Net loss attributable to TKO Group Holdings, Inc. was $35.2 million for 2023, compared with no such amount for 2022.
- The Endeavor asset acquisition closed on February 28, 2025, with total consideration of approximately $3.25 billion plus a $50 million purchase price adjustment.
The filing
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 March 19, 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.