TKO Group Holdings, the parent company of the UFC, announced on Monday, August 4th, 2026, that it incurred a loss of approximately $30 million from the UFC Freedom 250 event held at the White House in June. Andrew Schleimer, TKO's chief financial officer, told investors during an earnings call that the event involved "significantly higher-than-normal costs," partially offset by sold-out global partnerships inventory. Schleimer noted the company had anticipated this financial outcome.
The UFC spent about $60 million on production costs for the event, which featured seven fights staged in an octagon on the south lawn of the White House. The event did not sell tickets to the general public; instead, it hosted roughly 4,000 attendees including Trump administration officials, members of Congress, business executives, and military servicemembers.
President Trump attended the spectacle on his June 14th birthday alongside UFC CEO Dana White, a longtime friend who introduced him at the 2024 Republican National Convention in Milwaukee. While White described the event as "an amazing experience," he stated that the company will not hold a similar event again due to its high costs.
According to TKO's quarterly earnings report, revenue from live events and hospitality decreased from $58.5 million in the second quarter of 2025 to $47.8 million in the same period this year. The report attributed this decline largely to the absence of ticket sales for UFC Freedom 250 and one fewer Numbered Event, partially offset by increased financial incentive package revenue.
Mark Shapiro, TKO's president and chief operating officer, said the Freedom 250 event generated more than $1 billion in "earned media value," describing it as the "kind of exposure only a handful of events in the world" can command.
Loading comments.