TKO — the holding company for UFC, WWE, and several other sports assets — had a massive year in 2025:

• $4.7 billion in revenue

• $1.2 billion in free cash flow (+148%)

• 500+ events with over 3 million ticketed fans

• Signed $15 billion in long-term media rights deals

As a result, TKO's stock hit an all-time high last week and is now up 42% over the last 12 months, more than double the S&P 500's 20% return.

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