Overview

• TKO’s Q2 revenue increased 10% year-over-year to $1.308 billion, exceeding analysts’ $1.27 billion forecast.
• Net income surged to $273.1 million and diluted EPS rose to $1.17, both topping market expectations.
• Adjusted EBITDA climbed 75% to $526.5 million, lifting its margin to 40%.
• The $1.6 billion pact with ESPN covers 10 annual WWE premium live events, including WrestleMania and SummerSlam.
• Full-year 2025 targets were raised to $4.63–4.69 billion in revenue and $1.54–1.56 billion in adjusted EBITDA.