TKO Group Holdings (TKO) Operating Expenses (2022 - 2026)
TKO Group Holdings (TKO) reported Operating Expenses of $1.3 billion for Q1 2026, up 22.0% on a YoY basis from $1.0 billion in Q1 2025, and up 28.33% sequentially from $980.6 million in Q4 2025.
TKO Group Holdings (TKO) Operating Expenses (2022 - 2026) Analysis & Trends
TKO Group Holdings (TKO) has 5 years of Operating Expenses data on file, last reported at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 22.0% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.1 billion (down 8.06% YoY), and the FY2025 full-year result was $3.9 billion, down 19.64% from the prior year.
- Operating Expenses improved to $1.3 billion in Q1 2026, from $980.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.2 billion in Q4 2023 to a low of $151.6 million in Q4 2022.
- A 5-year average of $878.9 million and a median of $948.0 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 1332.37% in 2023 and tumbled 59.81% in 2024, its largest moves.
- Tracing TKO's Operating Expenses over 5 years: stood at $151.6 million in 2022, then surged by 1332.37% to $2.2 billion in 2023, then plunged by 59.81% to $872.9 million in 2024, then rose by 12.34% to $980.6 million in 2025, then advanced by 28.33% to $1.3 billion in 2026.
- Business Quant data shows TKO's Operating Expenses at $1.3 billion in Q1 2026, $980.6 million in Q4 2025, and $948.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 1.52 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 647.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 513.16 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 1.26 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 2.49 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 952.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 1.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 980.61 Mn |
| Sep 30, 2025 | 947.95 Mn |
| Jun 30, 2025 | 940.14 Mn |
| Mar 31, 2025 | 1.03 Bn |
| Dec 31, 2024 | 872.88 Mn |
| Sep 30, 2024 | 1.51 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.40 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 355.22 Mn |
| Jun 30, 2023 | 161.32 Mn |
| Mar 31, 2023 | 160.65 Mn |
| Dec 31, 2022 | 151.63 Mn |
| Sep 30, 2022 | 171.06 Mn |