TKO Group Holdings (TKO) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined from the immediately preceding period, while it rose sharply compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined from the immediately preceding period, while it rose sharply compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
-43.5%
Change from the immediately preceding quarter.
Year-over-year
+298.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $305.2M | n/a |
| Sep 30, 2023 | $449.1M | +31.8% |
| Dec 31, 2023 | $2.2B | +696.2% |
| Mar 31, 2024 | $1.2B | +298.5% |
Revenue performance
The reported revenue was lower than the prior quarter, reflecting a reversal from the large sequential increase seen in the previous period.
Quarterly comparison
Compared to the previous quarter, revenue decreased; however, relative to the same quarter a year ago, revenue was significantly higher.
What to watch
The sequential decline in revenue warrants attention given the preceding quarter's substantial increase.