TKO wrapped up 2025 on a high note, exceeding its full-year financial guidance and delivering strong results. The sports entertainment giant reported revenue of $4.73 billion for the year, slightly surpassing its earlier prediction of $4.72 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at $1.58 billion, slightly above the projected $1.58 billion.
In the fourth quarter, both UFC and WWE, two of TKO’s flagship properties, reported earnings of $1 billion, with adjusted EBITDA reaching $281.2 million, showing growth compared to the same period in 2024.
Looking ahead to 2026, TKO plans to initiate a $1 billion stock buyback program in March, following a similar buyback in 2025. The majority of TKO shares are held by its controlling shareholders, Silver Lake and Endeavor.
Ariel Emanuel, executive chair and CEO of TKO, expressed satisfaction with the company’s performance, highlighting the momentum seen in both UFC and WWE. TKO’s long-term media rights agreements and operational strength position the company well for future growth and value creation.
The demand for UFC and WWE content from media outlets, sponsors, and fans has been a key driver of TKO’s success. The company’s expansion into boxing through Zuffa Boxing further diversifies its offerings and revenue streams.
Mark Shapiro, president and COO of TKO, emphasized the company’s achievements in 2025, including record-setting live events and global partnerships. The launch of Zuffa Boxing marks a significant milestone for TKO, paving the way for continued value creation and growth.
In conclusion, TKO’s strong performance in 2025 underscores its position as a leader in the sports entertainment industry. With a focus on expanding revenue, increasing margins, and engaging with a global fan base, TKO is well-positioned for future success and continued outperformance.
Stay tuned for more updates and developments from TKO in the coming year.
