TKO Group Holdings, Inc. (TKO) closed fiscal year 2025 with a gross margin of 59.8 % and a net margin of 4.1 %.
TKO Group Holdings, Inc. (TKO) closed fiscal year 2025 with a gross margin of 59.8 % and a net margin of 4.1 %. The same year shows an EBITDA margin of 27.9 % and an EBIT margin of 17.6 %. The free cash flow margin was 24.5 %. Against the previous year the gross margin moved +13.5 pp and the net margin +3.9 pp. Across the period the gross margin ranges between 46.3 % in 2024 and 71.4 % in 2022. The series covers 5 fiscal years, from 2021 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Gross margin (%) | — | 71.44 % | 51.11 % | 46.28 % | 59.81 % |
| EBITDA margin (%) | 44.03 % | 53.01 % | 18.60 % | 10.01 % | 27.88 % |
| EBIT margin (%) | 37.90 % | 47.75 % | 11.65 % | 0.63 % | 17.63 % |
| Net margin (%) | 26.52 % | 34.12 % | -1.09 % | 0.19 % | 4.13 % |
| FCF margin (%) | — | 42.92 % | 5.35 % | 9.57 % | 24.47 % |
