TKO raises 2026 guidance as Q2 revenue rises 18% to $1.547 billion
TKO Group reported second-quarter 2026 revenue of $1.547 billion, up 18%, and net income of $303.9 million, up from $273.1 million a year earlier. The company raised its full-year 2026 revenue and Adjusted EBITDA targets and said it intends to make additional share repurchases, which matters to shareholders because it signals higher expected earnings and continued capital returns.
Key points
- Q2 2026 revenue was $1.547 billion, up from $1.308 billion; net income was $303.9 million, up from $273.1 million; Adjusted EBITDA was $649.9 million, up 23%.
- Full-year 2026 revenue guidance was raised to $5.775 billion-$5.825 billion from $5.675 billion-$5.775 billion; Adjusted EBITDA guidance was raised to $2.275 billion-$2.305 billion from $2.240 billion-$2.290 billion.
- Selling, general and administrative expenses rose $98.4 million, primarily due to legal fees and settlement costs tied to WWE stockholder litigation.
- The company intends to commence additional share repurchases; slightly more than $1 billion remained available under its authorization as of August 3, 2026.
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 August 03, 2026.
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.