WWE released its financial report for full year 2021, confirming that it was the most profitable year in the company’s history.
The company closed 2021 with $1.095 billion in revenue, the highest level in the company’s history. Its 2021 revenue represented a 12% increase from the $974.2 million in revenue generated during 2020.
“We ended the year with strong performance across each of our business lines that reflected the engagement of a wider audience with distribution on new digital platforms, including Peacock, and the return of fans at our live events,” said Vince McMahon, WWE chairman and CEO. “We expect the execution of key initiatives in the coming year, such as the licensing of network content in international markets, monetization of new original series, and the continued shift to a stadium strategy for WWE’s premium live events, will further expand the reach of our brands and enhance the value of our content.”
Full Year 2021 Highlights
- Revenue increased 12% to $1.095 billion, the highest in the Company’s history.
- Operating income increased 24% to $259.0 million.
- Adjusted OIBDA1 increased 14% to a record $327.1 million.
- Returned capital to shareholders totaling $202.0 million, including share repurchases and dividends paid.