TKO Group Holdings (TKO) Operating Margin (2022 - 2026)
TKO Group Holdings' (TKO) quarterly Operating Margin came in at 27.78% in Q2 2026, down 37.0% year-over-year from 44.1% in Q2 2025, and up 31.07% quarter-over-quarter from 21.2% in Q1 2026.
Analysis
TKO Group Holdings (TKO) Operating Margin (2022 - 2026) Analysis & Trends
TKO Group Holdings has disclosed Operating Margin across 5 years of filings, most recently posting 27.78% for Q2 2026.
- In Q2 2026, Operating Margin fell 37.0% year-over-year to 27.78%; the TTM figure through Jun 2026 stood at 18.82% (up 504.0% YoY), while the FY2025 annual figure was 17.63%, up 1700.0% from the prior year.
- Operating Margin came in at 27.78% for Q2 2026 at TKO Group Holdings, up from 21.2% 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.
- Average Operating Margin over 5 years is 20.49%, with a median of 19.8% recorded in 2023.
- Year-over-year, Operating Margin tumbled 6182 bps in 2024 and surged 3291 bps in 2025.
- Over 5 years, Operating Margin stood at 44.21% in 2022, then sank by 105 bps to 2.09% in 2023, then surged by 384 bps to 5.93% in 2024, then decreased by 7 bps to 5.53% in 2025, then surged by 403 bps to 27.78% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 27.78% in Q2 2026, 21.2% in Q1 2026, and 5.53% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 6.81% |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 9.42% |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 27.78% |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | -0.64% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | -4.40% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 12.55% |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | -409.44% |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | -279.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.78% |
| 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% |