TKO Group Holdings, Inc. (TKO) Q3 2025 Earnings Call Transcript

Operator

Good afternoon. Thank you for attending the TKO Q3 2025 Earnings Call. My name is Matt, and I’ll be the moderator for today’s call. [Operator Instructions]

I’d now like to pass the conference over to our host, Seth Zaslow, Head of Investor Relations. Seth, please go ahead.

Seth Zaslow
Senior VP & Head of Investor Relations

Good afternoon, and welcome to TKO’s Third Quarter 2025 Earnings Call. A short while ago, we issued a press release, which you can view on our Investor Relations website. A recording of this call will also be available via our website for at least 30 days. After prepared remarks from Ari Emanuel, TKO’s Executive Chair and Chief Executive Officer; and Andrew Schleimer, TKO’s Chief Financial Officer, we’ll open the call for questions. Mark Shapiro, our President and Chief Operating Officer; and Andrew will be handling the Q&A.

The purpose of this call is to provide you with information regarding our third quarter 2025 performance. I want to remind everyone that the information discussed will include forward-looking statements and/or projections that involve risks, uncertainties and assumptions. Please see our filings with the Securities and Exchange Commission for further detail. If these risks or uncertainties were to