Sportradar Q3 revenue up 24% to €363m, driven by US growth and IMG ARENA rights
Sportradar reported Q3 2026 revenue of €363m, up 24% year on year, with US revenue rising 47%. The company kept its full-year guidance and agreed to sell Atrium Sports for $170m.
GamblingSource: SBC News
Sportradar has posted third-quarter 2026 revenue of €363m, a 24% increase on the €296m recorded in the same period of 2025. The sports data and technology group said its home market in the United States was the main driver of growth, with revenue there climbing 47% from €67m to €98m.
Profit for the quarter rose 20% to €27m, while adjusted EBITDA increased 21% from €85m to €102m. Revenue from the Rest of the World grew 17% to €265m and made up 73% of the group total.
The Betting Technology & Solutions division grew 27% year on year to €297m. Sportradar said the quarter saw further integration and monetisation of the recently acquired IMG ARENA sports rights, which supported that result. Shortly after the quarter closed, the company agreed to divest Atrium Sports for $170m, with completion expected before the end of the year.
Chief Executive Carsten Koerl described the period as another strong quarter of double-digit growth. He pointed to demand for the company's premium content, data and technology products, as well as what he called significant contributions from across the prediction markets landscape. He also said fans are engaging with sports on more platforms than before, which widens the company's addressable market.
Sportradar left its outlook for 2026 unchanged. It expects constant currency revenue growth of 19% to 21%, equivalent to €1.518bn to €1.533bn, and adjusted EBITDA growth of 24% to 27%, or €360m to €368m.
At the time of the original report, shares in the Nasdaq-listed company were up 5.67% to $13.60 in pre-market trading.
Based on reporting by SBC News.