TKO · 8-K · 20261104PR447231

Adjusted EBITDA Performance

TKO Group Holdings, Inc. · 2026-11-04 · Importance 69 · Surprise 64 · No source text

Third-quarter Adjusted EBITDA increased 54%, or $195.5 million, to $555.7 million, and consolidated Adjusted EBITDA margin rose to 41% from 32%. UFC Adjusted EBITDA increased $119.7 million to $285.3 million, with margin rising to 55% from 51%; higher athlete, production and event costs reflected two additional events and UFC 329. WWE Adjusted EBITDA increased $9.4 million to $217.2 million, with margin rising to 54% from 52%, as lower event costs and personnel expenses offset lower revenue. IMG Adjusted EBITDA increased $54.5 million to $115.9 million, with margin rising to 30% from 18%, primarily because of higher revenue while expenses were essentially flat.

Key facts

• TKO third-quarter 2026 Adjusted EBITDA increased 54%, or $195.5 million, to $555.7 million. source
• UFC third-quarter 2026 Adjusted EBITDA increased 72%, or $119.7 million, to $285.3 million; its margin rose to 55% from 51%. source
• IMG third-quarter 2026 Adjusted EBITDA increased 89%, or $54.5 million, to $115.9 million, with expenses essentially flat; its margin rose to 30% from 18%. source
• TKO third-quarter 2026 Adjusted EBITDA margin increased to 41% from 32%. source
• WWE third-quarter 2026 Adjusted EBITDA increased 5%, or $9.4 million, to $217.2 million; its margin rose to 54% from 52%. source

Impact estimates