TKO Group Holdings (TKO) Operating Expenses (2022 - 2026)
TKO Group Holdings' (TKO) quarterly Operating Expenses came in at $1.3 billion in Q1 2026, up 22.0% year-on-year from $1.0 billion in Q1 2025, and up 28.33% quarter-over-quarter from $980.6 million in Q4 2025.
TKO Group Holdings (TKO) Operating Expenses (2022 - 2026) Analysis & Trends
TKO Group Holdings has disclosed Operating Expenses across 5 years of filings, most recently posting $1.3 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.3 billion, up 22.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.1 billion (down 8.06% YoY), and the FY2025 annual result was $3.9 billion, down 19.64% from the prior year.
- Operating Expenses came in at $1.3 billion for Q1 2026 at TKO Group Holdings, up 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.
- The 5-year median for Operating Expenses is $948.0 million (2025), against an average of $878.9 million.
- Across the five-year window, Operating Expenses surged 1332.37% in 2023 and sank 59.81% in 2024, its largest moves.
- TKO Group Holdings' Operating Expenses stood at $151.6 million in 2022, then soared by 1332.37% to $2.2 billion in 2023, then tumbled by 59.81% to $872.9 million in 2024, then gained by 12.34% to $980.6 million in 2025, then climbed by 28.33% to $1.3 billion in 2026.
- The last three Operating Expenses figures came in at $1.3 billion (Q1 2026), $980.6 million (Q4 2025), and $948.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 349.58 Bn | 337.29 Bn | 11.41 Bn | 1.56 Bn |
| 2 | Walt Disney | 175.79 Bn | 182.39 Bn | 23.68 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 65.98 Bn | 63.84 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Brera Holdings | 47.91 Bn | 47.91 Bn | - | 1.60 Mn |
| 5 | Live Nation Entertainment | 37.10 Bn | 28.65 Bn | 1.31 Bn | 1.06 Bn |
| 6 | Fox | 26.20 Bn | 22.71 Bn | - | 2.49 Bn |
| 7 | Liberty Media | 20.17 Bn | 20.84 Bn | 298.00 Mn | 647.00 Mn |
| 8 | Roku | 18.22 Bn | 15.84 Bn | 564.94 Mn | 513.16 Mn |
| 9 | News | 17.17 Bn | 15.69 Bn | - | 952.00 Mn |
| 10 | TKO Group Holdings | 15.67 Bn | 13.98 Bn | 862.52 Mn | 1.26 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 |