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
DateValue
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%