TKO Group raises FY25 revenue view to $4.63B-$4.69B from $4.49B-$4.56B

Consensus $4.58B. In May, the Company issued revenue and Adjusted EBITDA guidance of $4.490 billion – $4.560 billion and $1.490 billion – $1.530 billion, respectively, for the full year 2025. These amounts included the expected activity for the Acquired Businesses (consisting of IMG, On Location, PBR, and the associated transactional impacts). Based on outperformance through the first six months of the year and our anticipated performance for the remainder of the year, the Company is raising its guidance and now expects full year 2025 revenue of $4.630 billion – $4.690 billion and Adjusted EBITDA of $1.540 billion – $1.560 billion.