As previously reported, TKO released its fourth-quarter and full-year earnings results for 2025 on Wednesday, February 25th. The report indicated that WWE's revenue for the full year increased to $1.709 billion (it’s important to note that this figure represents revenue, not profit).
According to the latest Wrestling Observer Newsletter, TKO President Mark Shapiro mentioned during the earnings call that the 2026 WWE Royal Rumble Premium Live Event (PLE) generated the same revenue as previous PLEs held in Saudi Arabia, amounting to $55 million. There were expectations that the Royal Rumble would command a higher price due to its greater prestige and name value compared to WWE's other Saudi Arabia events, but the revenue remained consistent.
WrestleMania 43 is scheduled to take place in Saudi Arabia next year, as announced by WWE in September. The report suggests that WrestleMania is expected to secure a significantly larger payout from the Saudi Public Investment Fund, with sources indicating the figure will be "well in excess" of $100 million. WWE has not yet confirmed this information.
The 2026 WWE Royal Rumble PLE took place in Riyadh and featured Roman Reigns and Liv Morgan winning the Men's and Women's Royal Rumble matches, respectively. Reigns will challenge CM Punk for the World Heavyweight Championship at WrestleMania 42, while Morgan will face Stephanie Vaquer for the Women's World Championship at the two-night April PLE.
