TKO Group Holdings (TKO) Gross Margin (2022 - 2026)
TKO Group Holdings (TKO) reported Gross Margin of 54.01% for Q1 2026, down 125.0% on a YoY basis from 216.05% in Q1 2025, and down 9.35% sequentially from 59.59% in Q4 2025.
TKO Group Holdings (TKO) Gross Margin (2022 - 2026) Analysis & Trends
TKO Group Holdings (TKO) has 5 years of Gross Margin data on file, last reported at 54.01% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 125.0% year-over-year to 54.01%; the trailing twelve-month figure through Mar 2026 stood at 59.12% (up 1156.0% YoY), and the FY2025 full-year result was 59.81%, up 1353.0% from the prior year.
- Gross Margin fell to 54.01% in Q1 2026, from 59.59% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 72.87% in Q2 2023 to a low of 232.97% in Q4 2023.
- A 5-year average of 40.4% and a median of 59.59% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 30276 bps in 2023 and surged 28820 bps in 2024, its largest moves.
- Tracing TKO's Gross Margin over 5 years: stood at 69.79% in 2022, then tumbled by 434 bps to 232.97% in 2023, then soared by 124 bps to 55.23% in 2024, then advanced by 8 bps to 59.59% in 2025, then decreased by 9 bps to 54.01% in 2026.
- Business Quant data shows TKO's Gross Margin at 54.01% in Q1 2026, 59.59% in Q4 2025, and 60.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 51.93% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 42.72% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 47.79% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 34.66% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 41.91% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 45.24% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 54.01% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - | - |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 99.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.01% |
| Dec 31, 2025 | 59.59% |
| Sep 30, 2025 | 60.74% |
| Jun 30, 2025 | 63.59% |
| Mar 31, 2025 | 55.26% |
| Dec 31, 2024 | 55.23% |
| Sep 30, 2024 | 34.34% |
| Jun 30, 2024 | 50.45% |
| Mar 31, 2024 | 50.46% |
| Dec 31, 2023 | -232.97% |
| Sep 30, 2023 | 70.98% |
| Jun 30, 2023 | 72.87% |
| Mar 31, 2023 | 70.93% |
| Dec 31, 2022 | 69.79% |
| Sep 30, 2022 | 70.76% |