TKO Group Holdings (TKO) Cost of Revenue (2022 - 2026)
TKO Group Holdings' Cost of Revenue came in at $556.12 million for Q2 2026, up 16.7% from $476.38 million a year earlier but down 24.3% from the prior quarter.
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Analysis
TKO Group Holdings (TKO) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, TKO Group Holdings reported Cost of Revenue of $2.15 billion, down 13.0% year-over-year; for FY2025, it came in at $1.9 billion, down 27.5% from FY2024.
- Cost of Revenue carries a four-year compound annual growth rate of 54.3% (FY2021 to FY2025).
- Going back by year, Cost of Revenue was $2.62 billion in FY2024 (+66.4%), $1.58 billion in FY2023 (+384.3%), $325.59 million in FY2022 (-3.0%) and $335.6 million in FY2021.
- The five-year range for quarterly Cost of Revenue is $82.1 million (Q4 2022) to $1.27 billion (Q4 2023).
- Year-over-year, Cost of Revenue has increased for three consecutive quarters, with growth averaging 71.7% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q3 2024 (growth of 676.3%), and the weakest in Q4 2024 (a decline of 67.4%).
- Business Quant data shows TKO's Cost of Revenue at $734.36 million (Q1 2026), $419.5 million (Q4 2025) and $439.65 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.78 Bn | 8.85 Bn | 1.94 Bn | 5.72 Bn |
| 2 | TKO Group Holdings | 33.44 Bn | 30.40 Bn | 990.96 Mn | 556.12 Mn |
| 3 | Liberty Media | 18.71 Bn | 14.03 Bn | 329.00 Mn | 605.00 Mn |
| 4 | Liberty Live Holdings | 8.81 Bn | 6.86 Bn | 30.26 Mn | 116.80 Mn |
| 5 | Cinemark Holdings | 4.18 Bn | 797.64 Mn | - | - |
| 6 | Madison Square Garden Entertainment | 3.23 Bn | 2.43 Bn | 75.84 Mn | 120.48 Mn |
| 7 | Amc Entertainment Holdings | 1.99 Bn | 80.86 Mn | 1.05 Bn | 548.00 Mn |
| 8 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 55.90 Mn |
| 9 | Marcus | 831.33 Mn | 762.92 Mn | 106.56 Mn | 125.19 Mn |
| 10 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 52.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 556.12 Mn |
| Mar 31, 2026 | 734.36 Mn |
| Dec 31, 2025 | 419.50 Mn |
| Sep 30, 2025 | 439.65 Mn |
| Jun 30, 2025 | 476.38 Mn |
| Mar 31, 2025 | 567.62 Mn |
| Dec 31, 2024 | 415.41 Mn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 591.24 Mn |
| Mar 31, 2024 | 605.65 Mn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 130.31 Mn |
| Jun 30, 2023 | 82.79 Mn |
| Mar 31, 2023 | 89.15 Mn |
| Dec 31, 2022 | 82.10 Mn |
| Sep 30, 2022 | 99.62 Mn |
API Access
TKO Group Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TKO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TKO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TKO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();