TKO Group Holdings (TKO) Operating Expenses (2022 - 2026)
TKO Group Holdings' (TKO) quarterly Operating Expenses came in at $1.1 billion in Q2 2026, up 18.84% year-over-year from $940.1 million in Q2 2025, and down 11.21% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
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 $1.1 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 18.84% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $4.3 billion (down 1.06% YoY), while the FY2025 annual figure was $3.9 billion, down 19.64% from the prior year.
- Operating Expenses came in at $1.1 billion for Q2 2026 at TKO Group Holdings, down from $1.3 billion 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.
- Average Operating Expenses over 5 years is $893.8 million, with a median of $964.3 million recorded in 2025.
- Year-over-year, Operating Expenses soared 1332.37% in 2023 and plunged 59.81% in 2024.
- Over 5 years, Operating Expenses stood at $151.6 million in 2022, then soared by 1332.37% to $2.2 billion in 2023, then sank by 59.81% to $872.9 million in 2024, then gained by 12.34% to $980.6 million in 2025, then gained by 13.94% to $1.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.1 billion in Q2 2026, $1.3 billion in Q1 2026, and $980.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 1.36 Bn |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 846.00 Mn |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 1.12 Bn |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | 148.00 Mn |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | 70.26 Mn |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 71.90 Mn |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | 3.62 Mn |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | 83,918.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.12 Bn |
| 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 |