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TKO Raises Guidance Again As UFC Powers Q3 Earnings
TKO Group Holdings raised its full-year 2026 guidance for the second consecutive quarter, after strong third-quarter growth led by the UFC. The company said revenue from media rights, sponsorships and live events helped drive results, while the FIFA World Cup boosted IMG’s hospitality business.
TKO reported quarterly revenue of $1.36 billion, up 21 per cent year on year, and net income of $277.9 million, compared with $171.1 million a year earlier. Adjusted EBITDA increased 54 per cent to $555.7 million. UFC revenue rose 60 per cent to $519.2 million; WWE revenue fell 1 per cent to $399.3 million, while IMG revenue grew 16 per cent to $391.3 million. TKO now expects 2026 revenue of $5.79 billion to $5.83 billion and adjusted EBITDA of $2.295 billion to $2.315 billion.
In short
- TKO raised its 2026 guidance for the second time this year.
- UFC revenue jumped 60 per cent to $519.2 million.
- Quarterly revenue reached $1.36 billion, up 21 per cent.
Explained simply
TKO Group Holdings is a US sports and entertainment company that owns the UFC, the mixed martial arts organisation, and WWE, known for its professional wrestling events. It also owns IMG, which works in sports, media and live-event services, including hospitality for major tournaments.
TKO earns money from broadcasting and streaming deals, sponsorships and ticketed events. Its results matter to investors because they show how demand for these businesses is translating into sales and profit, and how the company expects them to perform over the year.
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