---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-208955"
form_type: "8-K"
ticker: "TKO"
cik: "0001973266"
company_name: "TKO Group Holdings, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:57:01.475759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TKO Q1 revenue $1.6B, Adj. EBITDA $550M; board adds $1B buyback

## Summary
- Revenue $1.597B (+26% YoY); net income $249.8M vs $165.5M; Adj. EBITDA $549.8M (+32%).
- UFC revenue $401.2M (+12%) driven by Paramount deal; WWE $475.7M (+22%) on Royal Rumble and Netflix/ESPN rights; IMG $655.4M (+38%) on Olympics hospitality.
- Board authorized incremental $1B share repurchase; $800M ASR and $200M 10b5-1 plan.
- Full-year 2026 guidance reaffirmed: revenue $5.675-5.775B, Adj. EBITDA $2.240-2.290B.
- Free cash flow $674.5M; quarterly dividend $0.78/share paid March 31.

## SEC filing metadata
- accession: 0001193125-26-208955
- form_type: 8-K
- ticker: TKO
- cik: 0001973266
- company_name: TKO Group Holdings, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1973266/000119312526208955/0001193125-26-208955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1973266/000119312526208955/tko-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-208955
- JSON: https://secwatch.observer/filing/0001193125-26-208955.json
- Plain text: https://secwatch.observer/filing/0001193125-26-208955.txt

## Source-grounded claims
- claim_id: 7e613d2ae547ffe0eb5d0f6b43cf62ca7b25fc25
  claim: TKO Group Holdings, Inc. reported first quarter ended March 31, 2026 results: revenue $1.597 billion, net income $249.8 million. Guidance reaffirmed.
  evidence_excerpt: TKO Reports First Quarter 2026 Results Announces Board Authorization Of Up To An Additional $1 Billion Of Share Repurchases First Quarter 2026 Financial Highlights • Revenue of $1.597 billion • Net income of $249.8 million • Adjusted EBITDA 1 of $549.8 million • Returned approximately $1.0 billion of capital to equity holders through share repurchases and dividend
  evidence_url: https://www.sec.gov/Archives/edgar/data/1973266/000119312526208955/0001193125-26-208955-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.