Quoted By:
WWE (via TKO Group in 2025):
For the first half of 2025 (Q2 plus Q1), WWE’s segment—not including UFC or IMG—generated net income of $273.1 million in Q2 and had a cumulative adjusted EBITDA of $523.7million in the first six months .
That means, conservatively, WWE is in the black for YTD 2025 by a wide margin.
AEW:
As of now, there’s no officially reported YTD profit, but we do have some semi-informed guesstimates and projections:
AEW reportedly lost $77.5 million in 2024—a massive single-year loss .
Estimates for 2025 profits run somewhere between $61 million to $76 million, according to a post on Reddit referencing a Wrestling Observer Newsletter note .
Another projection suggests that, under the new media deal, AEW could swing to a modest $14 million profit in 2025 if everything else holds steady .
So: WWE is quite comfortably profitable YTD, whereas AEW is likely either marginally profitable or still working its way out of the red, depending on which estimate you believe. Safe to say WWE is ahead in the profit department.
For the first half of 2025 (Q2 plus Q1), WWE’s segment—not including UFC or IMG—generated net income of $273.1 million in Q2 and had a cumulative adjusted EBITDA of $523.7million in the first six months .
That means, conservatively, WWE is in the black for YTD 2025 by a wide margin.
AEW:
As of now, there’s no officially reported YTD profit, but we do have some semi-informed guesstimates and projections:
AEW reportedly lost $77.5 million in 2024—a massive single-year loss .
Estimates for 2025 profits run somewhere between $61 million to $76 million, according to a post on Reddit referencing a Wrestling Observer Newsletter note .
Another projection suggests that, under the new media deal, AEW could swing to a modest $14 million profit in 2025 if everything else holds steady .
So: WWE is quite comfortably profitable YTD, whereas AEW is likely either marginally profitable or still working its way out of the red, depending on which estimate you believe. Safe to say WWE is ahead in the profit department.