vs
Side-by-side financial comparison of TKO Group Holdings (TKO) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.0B, roughly 1.9× TKO Group Holdings). Tapestry, Inc. runs the higher net margin — 17.9% vs -0.2%, a 18.1% gap on every dollar of revenue. On growth, TKO Group Holdings posted the faster year-over-year revenue change (61.6% vs 21.0%). Over the past eight quarters, TKO Group Holdings's revenue compounded faster (28.4% CAGR vs 9.9%).
TKO Group Holdings, Inc. (TKO) is an American sports and sports entertainment company. Established on September 12, 2023, the public company was formed by a merger between Endeavor subsidiary Zuffa—the parent company of the Ultimate Fighting Championship (UFC), a mixed martial arts promotion—and the professional wrestling promotion World Wrestling Entertainment (WWE).
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
TKO vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $1.9B |
| Net Profit | $-2.4M | $343.8M |
| Gross Margin | — | 76.9% |
| Operating Margin | 5.5% | 22.3% |
| Net Margin | -0.2% | 17.9% |
| Revenue YoY | 61.6% | 21.0% |
| Net Profit YoY | -107.7% | — |
| EPS (diluted) | $-0.07 | $1.65 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $642.2M | $2.2B | ||
| Q3 24 | $681.3M | $1.5B | ||
| Q2 24 | $851.2M | $1.6B |
| Q1 26 | — | $343.8M | ||
| Q4 25 | $-2.4M | $561.3M | ||
| Q3 25 | $41.0M | $274.8M | ||
| Q2 25 | $98.4M | $-517.1M | ||
| Q1 25 | $58.4M | $203.3M | ||
| Q4 24 | $31.0M | $310.4M | ||
| Q3 24 | $23.1M | $186.6M | ||
| Q2 24 | $59.1M | $159.3M |
| Q1 26 | — | 76.9% | ||
| Q4 25 | — | 75.5% | ||
| Q3 25 | — | 76.3% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 76.1% | ||
| Q4 24 | — | 74.4% | ||
| Q3 24 | — | 75.3% | ||
| Q2 24 | — | 74.9% |
| Q1 26 | — | 22.3% | ||
| Q4 25 | 5.5% | 28.6% | ||
| Q3 25 | 15.4% | 19.3% | ||
| Q2 25 | 28.1% | -33.9% | ||
| Q1 25 | 18.7% | 16.0% | ||
| Q4 24 | 15.9% | 22.4% | ||
| Q3 24 | 20.0% | 16.7% | ||
| Q2 24 | 30.0% | 14.8% |
| Q1 26 | — | 17.9% | ||
| Q4 25 | -0.2% | 22.4% | ||
| Q3 25 | 3.7% | 16.1% | ||
| Q2 25 | 7.5% | -30.0% | ||
| Q1 25 | 4.6% | 12.8% | ||
| Q4 24 | 4.8% | 14.1% | ||
| Q3 24 | 3.4% | 12.4% | ||
| Q2 24 | 6.9% | 10.0% |
| Q1 26 | — | $1.65 | ||
| Q4 25 | $-0.07 | $2.68 | ||
| Q3 25 | $0.47 | $1.28 | ||
| Q2 25 | $1.17 | $-2.30 | ||
| Q1 25 | $0.69 | $0.95 | ||
| Q4 24 | $0.28 | $1.38 | ||
| Q3 24 | $0.28 | $0.79 | ||
| Q2 24 | $0.72 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $831.1M | $1.1B |
| Total DebtLower is stronger | $3.8B | $2.4B |
| Stockholders' EquityBook value | $3.7B | $682.4M |
| Total Assets | $15.5B | $6.5B |
| Debt / EquityLower = less leverage | 1.01× | 3.48× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $831.1M | $1.1B | ||
| Q3 25 | $861.4M | $743.2M | ||
| Q2 25 | $535.1M | $1.1B | ||
| Q1 25 | $470.9M | $1.1B | ||
| Q4 24 | $525.6M | $1.0B | ||
| Q3 24 | $457.4M | $7.3B | ||
| Q2 24 | $277.5M | $7.2B |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $3.8B | $2.4B | ||
| Q3 25 | $3.7B | $2.4B | ||
| Q2 25 | $2.7B | $2.4B | ||
| Q1 25 | $2.8B | $2.4B | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $2.7B | $7.0B | ||
| Q2 24 | $2.7B | $6.9B |
| Q1 26 | — | $682.4M | ||
| Q4 25 | $3.7B | $551.2M | ||
| Q3 25 | $3.8B | $399.5M | ||
| Q2 25 | $4.3B | $857.8M | ||
| Q1 25 | $4.2B | $1.5B | ||
| Q4 24 | $4.1B | $1.3B | ||
| Q3 24 | $4.0B | $3.0B | ||
| Q2 24 | $4.0B | $2.9B |
| Q1 26 | — | $6.5B | ||
| Q4 25 | $15.5B | $6.5B | ||
| Q3 25 | $15.5B | $6.4B | ||
| Q2 25 | $15.3B | $6.6B | ||
| Q1 25 | $15.0B | $7.3B | ||
| Q4 24 | $12.7B | $7.3B | ||
| Q3 24 | $12.8B | $13.7B | ||
| Q2 24 | $12.7B | $13.4B |
| Q1 26 | — | 3.48× | ||
| Q4 25 | 1.01× | 4.32× | ||
| Q3 25 | 0.98× | 5.95× | ||
| Q2 25 | 0.64× | 2.77× | ||
| Q1 25 | 0.66× | 1.59× | ||
| Q4 24 | 0.67× | 1.78× | ||
| Q3 24 | 0.67× | 2.35× | ||
| Q2 24 | 0.68× | 2.39× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $309.9M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $309.9M | $1.1B | ||
| Q3 25 | $416.8M | $112.6M | ||
| Q2 25 | $396.2M | $446.8M | ||
| Q1 25 | $162.8M | $144.3M | ||
| Q4 24 | $56.8M | $506.0M | ||
| Q3 24 | $236.5M | $119.5M | ||
| Q2 24 | $230.7M | $256.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $80.2M | ||
| Q2 25 | — | $411.5M | ||
| Q1 25 | — | $113.4M | ||
| Q4 24 | — | $475.1M | ||
| Q3 24 | — | $93.9M | ||
| Q2 24 | — | $209.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 41.5% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 13.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.93× | ||
| Q3 25 | 10.16× | 0.41× | ||
| Q2 25 | 4.03× | — | ||
| Q1 25 | 2.79× | 0.71× | ||
| Q4 24 | 1.83× | 1.63× | ||
| Q3 24 | 10.22× | 0.64× | ||
| Q2 24 | 3.90× | 1.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
TPR
Segment breakdown not available.