TKO Boasts Record Revenue For WWE & UFC

WWE and UFC have produced record revenue for TKO.

TKO was formed by the merger of WWE and UFC under Endeavor almost a year ago in September 2023. The company has reported its financials for Quarter 2 of 2024, showing a quarterly record of $851.2 million, with a net income of $150.7 million. As a result, TKO has raised its target for 2024 to $2.670 billion to $2.745 billion.

In a quarter that included WrestleMania 40, King & Queen of The Ring, and Clash at the Castle, the report revealed that WWE contributed $456.8 million to the total revenue, with UFC not far behind with $395.4 million.

Commenting on the results, TKO Executive Chair Ariel Emanuel spoke of his belief that the company will deliver “sustainable long-term value for shareholders.”

“TKO generated strong financial results in the quarter, highlighted by record quarterly revenue and Adjusted EBITDA.

“In light of this continued momentum, we are raising our full-year 2024 guidance for the second quarter in a row.

“The strength in our underlying business continues to give us great conviction in TKO’s ability to deliver sustainable long-term value for shareholders.”

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