TKO Group (TKO) Announces Multi-Year Arizona Events Partnership

TKO Group Holdings, Inc. (NYSE:TKO) is one of the

10 Fastest Growing S&P 500 Stocks to Buy Now.

On May 12, 2026, TKO Group Holdings, Inc. (NYSE:TKO), together with the Arizona Sports & Events Alliance, announced a multi-year partnership to bring a series of UFC, WWE, PBR, and Zuffa Boxing events to Arizona. The seven-event agreement will run over three years and feature several of TKO’s marquee live events across its combat sports and entertainment portfolio. Peter Dropick, Executive Vice President of Event Development and Operations for TKO, said the partnership is expected to create new opportunities for fans across the region to experience some of the company’s largest events over the coming years.

On May 6, 2026, TKO Group Holdings, Inc. (NYSE:TKO) reported Q1 EPS of $1.12, versus the consensus estimate of $1.14. Revenue totaled $1.60B, compared to the consensus estimate of $1.59B. Executive Chair and CEO Ariel Emanuel said TKO delivered a strong start to 2026, supported by continued momentum across its businesses, while reaffirming full-year guidance. Emanuel also pointed to the company’s additional $1B share repurchase authorization as a reflection of confidence in TKO’s long-term value. President and COO Mark Shapiro said the quarter highlighted the strength of TKO’s premium intellectual property portfolio, supported by stable media rights agreements, growing financial incentive packages, and healthy demand for premium live events and experiences.

TKO reaffirmed its FY26 revenue guidance of $5.675B-$5.775B, compared to the consensus estimate of $5.78B. The company also reaffirmed FY26 adjusted EBITDA guidance of $2.24B-$2.29B, versus $1.59B reported in FY25.

TKO Group Holdings, Inc. (NYSE:TKO) operates as a sports and entertainment company through its UFC, WWE, and IMG segments.

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