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Sep 30, 2023

Endeavor Q3 2023 Earnings Report

Endeavor's diversified portfolio and leading position in sports and entertainment were demonstrated.

Key Takeaways

Endeavor reported $1.344 billion in revenue for Q3 2023. The company is making progress on TKO integration, achieving record ticket sales at live events, and benefiting from demand for premium content and experiences. Endeavor is focused on maximizing shareholder value through capital return initiatives and evaluating strategic alternatives.

$1.344 billion in Q3 2023 revenue

Closed UFC and WWE transaction to form TKO Group Holdings, Inc., of which Endeavor holds a 51% controlling interest on a fully diluted basis

Multiple ticket sales records at UFC and WWE live events

Announced initiation of formal review to evaluate strategic alternatives for the Company

Total Revenue
$1.34B
Previous year: $1.22B
+10.1%
EPS
-$0.16
Previous year: $0.37
-143.2%
Gross Profit
$775M
Previous year: $1.22B
-36.5%
Cash and Equivalents
$1.34B
Previous year: $971M
+37.8%
Free Cash Flow
$40.8M
Previous year: $153M
-73.3%
Total Assets
$21.9B
Previous year: $11.9B
+83.8%

Endeavor

Endeavor

Endeavor Revenue by Segment

Forward Guidance

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Revenue & Expenses

Visualization of income flow from segment revenue to net income