TKO Group Holdings, Inc. (TKO) earnings on August 3, 2026

After the market closes Q2 2026

More TKO Group Holdings, Inc. earnings

Prior outlook: Pessimistic Outcome: Partial

The stock jumped early in the day after the company raised its 2026 sales outlook. It gave up most of those gains and closed slightly higher.

TKO price around the earnings

184.51

Change: +0.3%

2026-08-04, 20:00 UTC

Start of the measured window End of the measured window
180.25 186.07 191.90 197.72 183.91
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)No trading (market closed)No trading (market closed)
August 3, 2026 August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published
Results released

Accelerating negative trend strength and catastrophic past earnings history, despite analyst optimism.

Context analyzed before publication

Trend
Accelerating negative trend strength into earnings, driven by catastrophic past earnings and analyst target reductions.

Analysts

Evidence

Analyst moves in the last 60 days
5
  • Strong buy: 3
  • Buy: 15
  • Hold: 4
  • Sell: 0
  • Strong sell: 0
Strong buy
3
Buy
15
Hold
4
Sell
0
Strong sell
0
  • July 29, 2026 · BTIG: Reiterates rating (Buy → Buy)
  • July 28, 2026 · Bernstein: Maintains rating (Outperform → Outperform)
  • July 21, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 15, 2026 · Guggenheim: Maintains rating (Buy → Buy)
  • July 14, 2026 · Seaport Global: Upgrades rating (Neutral → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (6)

Technicals

Evidence

Price when the context was analyzed
181.82
Average true range (ATR)
2.4%
Distance to 52-week high
-17.2%
14-day change (14d)
-1.8%
30-day change (30d)
-10.2%
30-day relative strength
-10.3%
SPY change (30d)
+0.1%
Nearest support
181.27
Distance to nearest support
0.3%
Nearest resistance
183.86
Distance to nearest resistance
1.1%
Volume accumulation ratio (14d / 46d)
0.61
  • Major: 181.27 (0.3% away, 0.13 ATR, 20 touches)
  • Mid: 180.3 (0.8% away, 0.36 ATR, 23 touches)
  • Mid: 178.5 (1.8% away, 0.77 ATR, 15 touches)
  • Major: 183.86 (1.1% away, 0.48 ATR, 29 touches)
  • Major: 185.92 (2.3% away, 0.95 ATR, 39 touches)
  • Major: 186.92 (2.8% away, 1.19 ATR, 35 touches)

Trends

Evidence

Average earnings surprise
-24.9%
  • May 6, 2026: actual EPS 0.57 vs estimate 0.85 (surprise -32.1%)
  • February 25, 2026: actual EPS 0.02 vs estimate 0.09 (surprise -80.8%)
  • November 5, 2025: actual EPS 0.39 vs estimate 0.22 (surprise +77.0%)
  • August 6, 2025: actual EPS 0.61 vs estimate 1.67 (surprise -63.6%)

Expected move

Implied move
+2.4%
Source
Options chain

Reactions over its last 11 earnings

Median move
3.5%
75th percentile move
5.5%
90th percentile move
6.7%
Up / down moves
4 / 7
Average up move
+4.6%
Average down move
-3.3%

Monitoring and close

What TKO Group Holdings, Inc. reported

Status
Finished
Actual EPS1.34
EPS estimate1.32
EPS surprise+1.5%
Revenue$1,547 million
Revenue estimate$1,534 million
Revenue surprise+0.8%

TKO beat Q2 expectations with higher earnings and sales. The company raised its FY2026 sales guidance, reflecting optimism.

Sources (3)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.4% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Partial
Consolidated
+0.3%
Max favorable move (MFE)
2%
Max adverse move (MAE)
5.3%