WWE Made Over 330 Million Dollars In Quarter 1 Of 2022

Pro wrestling as a whole is a very lucrative industry. WWE in particular do a good job at managing to have massive amounts of profits every year and this year is no different.

Brandon Thurston of Wrestlenomics posted an interesting thread with all of the data regarding WWE’s earnings report for quarter 1 of 2022. In the thread, it was noted WWE had earned 333.4 million dollars in revenue in quarter 1 alone.

WWE reports $333.4 million in revenue for Q1 2022, operating income of $92.4 million, adjusted OIBDA of $111.7 million, net income of $66.1 million, and an EPS of $0.77.https://t.co/lemPBozuWC pic.twitter.com/1amQ6RGRt9

— Brandon Thurston (@BrandonThurston) May 5, 2022

WWE beat expectations on revenue and beat consensus on EPS.

The release calls Wrestlemania "he most viewed WWE premium live event of all time. Global unique viewership increased 54% and domestic unique viewership increased 61% year-over-year" pic.twitter.com/WHDlA8Igv6

— Brandon Thurston (@BrandonThurston) May 5, 2022

This comes just a week after WWE released ten NXT talents from their contracts. Those ten talents included Dakota Kai, Malcolm Bivens and Dexter Lumis.

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