TKO Group Holdings (TKO) Operating Margin (2022 - 2026)
TKO Group Holdings (TKO) reported Operating Margin of 21.2% for Q1 2026, up 249.0% on a YoY basis from 6.07% in Q1 2025, and up 283.42% sequentially from 5.53% in Q4 2025.
TKO Group Holdings (TKO) Operating Margin (2022 - 2026) Analysis & Trends
TKO Group Holdings (TKO) has 5 years of Operating Margin data on file, last reported at 21.2% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 249.0% year-over-year to 21.2%; the trailing twelve-month figure through Mar 2026 stood at 18.49% (up 953.0% YoY), and the FY2025 full-year result was 17.63%, up 1700.0% from the prior year.
- Operating Margin grew to 21.2% in Q1 2026, from 5.53% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 49.79% in Q3 2022 to a low of 14.2% in Q1 2024.
- A 5-year average of 20.01% and a median of 18.71% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 6182 bps in 2024 and jumped 3291 bps in 2025, its largest moves.
- Tracing TKO's Operating Margin over 5 years: stood at 44.21% in 2022, then plunged by 105 bps to 2.09% in 2023, then jumped by 384 bps to 5.93% in 2024, then retreated by 7 bps to 5.53% in 2025, then soared by 283 bps to 21.2% in 2026.
- Business Quant data shows TKO's Operating Margin at 21.2% in Q1 2026, 5.53% in Q4 2025, and 15.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -42.23% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -27.76% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -9.77% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 9.00% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 4.15% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 21.20% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - | - |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 21.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.20% |
| Dec 31, 2025 | 5.53% |
| Sep 30, 2025 | 15.36% |
| Jun 30, 2025 | 28.15% |
| Mar 31, 2025 | 18.71% |
| Dec 31, 2024 | 5.93% |
| Sep 30, 2024 | 2.25% |
| Jun 30, 2024 | 9.63% |
| Mar 31, 2024 | -14.20% |
| Dec 31, 2023 | -2.09% |
| Sep 30, 2023 | 20.90% |
| Jun 30, 2023 | 47.14% |
| Mar 31, 2023 | 47.62% |
| Dec 31, 2022 | 44.21% |
| Sep 30, 2022 | 49.79% |