Trekor Metals Limited (TKO) Earnings Call Transcripts
Trekor Metals Limited's Latest Earnings Call - Q2 FY2026
In Q2 2026, TKO Group Holdings, Inc. reported revenue of $1.547 billion, an 18% increase year-over-year, and adjusted EBITDA of $650 million, up 23%. The company raised its full-year guidance, now targeting revenue between $5.775 billion and $5.825 billion and adjusted EBITDA of $2.275 billion to $2.305 billion, reflecting strong performance across its segments, particularly UFC and On Location. Notably, the UFC Freedom 250 event, despite incurring a $30 million loss, generated significant media value and new partnerships, highlighting TKO's ability to leverage high-profile events for long-term growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.547 billion (beat) |
| Adjusted EBITDA | $650 million (beat) |
| UFC Revenue | $536 million (beat) |
| WWE Revenue | $621 million (beat) |
| Adjusted EBITDA Margin | 42% (beat) |
| Free Cash Flow | $350 million (null) |
Guidance from management
TKO raised its full-year 2026 guidance to a revenue target of $5.775 billion to $5.825 billion and adjusted EBITDA of $2.275 billion to $2.305 billion, reflecting strong operational performance and visibility into the second half of the year.
What management said
Thanks, Brandon. Look, I would say that clearly, on an individual stand-alone basis, these promotions, both MVP and PFL were not necessarily sustainable. Now they've come together and we'll see what they can conjure up. What we know is, the competition's always made us stronger and a rising tide lifts all boats.
Look, as we said in our prepared remarks, as we've said quarter after quarter, as you just said, we are 100% focused on execution. And if we continue doing just that effectively TKO will remain a beat and raise story. We are not hunting for M&A of any kind. There are absolutely no conversations with F1, anybody else for that matter. And there's absolutely nothing on the horizon that would take our eye off the ball fr...
What analysts pressed on
Analysts expressed concerns regarding the impact of fewer premium live events on WWE's revenue and the potential long-term effects of increased costs associated with international expansion. There were also questions about how TKO plans to maintain engagement in core markets while expanding internationally.
Main topics on the call
- Revenue Growth and Guidance Increase — TKO reported Q2 revenue of $1.547 billion, an 18% increase YoY, and raised its full-year guidance by $75 million for revenue and $25 million for adjusted EBITDA. Management stated, "Given our performance to date and our ...
- UFC Freedom 250 Event Impact — The UFC Freedom 250 event incurred a loss of approximately $30 million but generated over $1 billion in earned media value and added 25 new marketing partners. Management noted, "Our investment in this event... delivered...
- Strong Performance in Media Rights — Media rights revenue increased 25% to $325 million, driven by the new Paramount deal. Management highlighted that this growth would have been even higher if not for the fewer numbered events held in the quarter.
- International Expansion Strategy — Management emphasized the importance of international events for long-term growth, stating, "We're a global brand... we're going to make investments for the long term." This strategy includes more international tours for...
Read the full Trekor Metals Limited transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Trekor Metals Limited
Trekor Metals Limited (TKO) is a publicly listed company in the Metals and Mining industry, within the Materials sector. It trades on TSX and is based in CA. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 74 calls on record spanning February 21, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 74 Trekor Metals Limited earnings call transcripts on record, spanning February 21, 2020 to August 6, 2026. Based on this history, Trekor Metals Limited reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TKO
- Exchange
- TSX
- Country
- CA
- Sector
- Materials
- Industry
- Metals and Mining
- Calls on record
- 74
- First call
- February 21, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly