Endeavor Q1 2022 Earnings Report
Key Takeaways
Endeavor reported a strong first quarter with revenue reaching $1.474 billion and net income of $517.7 million. The company raised its full year 2022 revenue guidance to $5.235 billion - $5.475 billion and adjusted EBITDA guidance to $1.1 billion - $1.15 billion.
Revenue reached $1.474 billion in Q1 2022.
All UFC Pay-Per-View events in the quarter were sold out, and PBR broke 10 all-time gross sales event records.
Representation revenue grew due to demand for clients across premium content and live events.
Live events and experiences growth was anchored by the most-attended Miami Open and the return of full-capacity On Location events.
Endeavor
Endeavor
Endeavor Revenue by Segment
Forward Guidance
Endeavor raised its full year 2022 revenue guidance to $5.235 billion – $5.475 billion and Adjusted EBITDA guidance to $1.1 billion – $1.15 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income