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
DateValue
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