Sportradar Raises Third-Quarter Revenue by 24%

Sportradar reported that its revenue rose 24% year over year to 363 million euros in the third quarter of 2026. In the same period last year, revenue was recorded at 296 million euros. Profit increased 20% to 27 million euros, while adjusted EBITDA rose 21%, from 85 million euros to 102 million euros.

The main driver of growth was the company's operations in the United States, its core market. Revenue there rose 47%, from 67 million euros to 98 million euros. Revenue in the rest of the world increased 17% to 265 million euros and made up 73% of total revenue.

The integration of the newly acquired IMG ARENA sports rights and their conversion into revenue also stood out. As a result, the Betting Technology & Solutions segment grew 27% to 297 million euros. Right after the third quarter, the company also agreed to sell Atrium Sports for 170 million dollars. The sale is expected to be completed before year-end.

CEO Carsten Koerl said growth was fueled by fan engagement, which is increasing interest in sport, and by developments in prediction markets. The company, which trades on Nasdaq, expects year-end revenue growth of 19% to 21% at constant exchange rates and revenue between 1,518 million and 1,533 million euros. For adjusted EBITDA, it maintains a target of 24% to 27% growth and between 360 million and 368 million euros.

Following the announcement, shares rose 5.67% in pre-market trading to $13.60.