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
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