Sportradar Revenue Up 24%, Betting Unit Stands Out
Sportradar's third-quarter 2026 revenue rose 24% to 362.5 million euros. The Betting Technology segment was the main driver of growth, and net profit also rose 43%.
Sportradar reported total revenue of 362.5 million euros for the three-month period ending September 30. Revenue grew 24% compared with the same period last year. Adjusted EBITDA rose 21% to 102 million euros, and net profit improved 43%.
The largest part of the growth came from the Betting Technology and Solutions segment. Revenue in this segment rose 27% to 296.7 million euros. Betting content and gaming revenue increased 37% to 242 million euros. The company attributed this growth to IMG Arena, which it acquired last November. Increased product usage in prediction markets also contributed.
Revenue from managed betting services fell 3% to 54.7 million euros. The company said that unfavorable sports results reduced transaction margins, despite an increase in transaction volume.
Revenue from the Sports Content, Technology and Services segment rose 11% to 65.8 million euros. Marketing and media services revenue grew 15% to 50.7 million euros. Integrity services revenue increased 16% to 4.8 million euros, while sports performance revenue fell 8% to 10.3 million euros.
By geography, revenue in the United States rose 47% to 98 million euros. Revenue in other markets increased 17% to 264.5 million euros.
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