Sportradar has cut its 2026 revenue forecast to €1.52–1.53 billion ($1.75–1.77 billion) from €1.56–1.58 billion ($1.80–1.82 billion), while adjusted EBITDA growth expectations dropped to 24–27% from 34–37%. The company cited slower growth in the US market, currency headwinds, and rising costs for sports rights and operations.
Second-quarter revenue reached €377.8 million ($436 million), with adjusted EBITDA up 19.5% to €76.3 million ($88 million). EBITDA margin held at 20.2% against 20.1% a year earlier. Betting Technology & Solutions grew 21.2% to €313.6 million ($362 million), while Betting & Gaming Content rose 27% on data rights and streaming assets from the IMG ARENA acquisition. Sports Content, Technology & Services added 8.8% to €64.2 million ($74 million). Sports Performance fell 13% on currency swings.
Sportradar posted a net loss of €3.5 million ($4 million) against a €49.1 million ($57 million) profit last year. Currency losses hit €9 million ($10 million) versus a €54 million ($62 million) gain a year ago, tied to dollar-denominated sports-rights contracts. Rights costs jumped 29.7% to €137.8 million ($159 million) because of IMG ARENA. Other operating expenses climbed 41.8% to €34.6 million ($40 million), driven by Brazil entry costs and legal spend on adjacent-market expansion.
Revenue outside the US rose 20%; US revenue gained 16%. CEO Carsten Koerl pointed to strong demand for premium content and technology, including monetisation of the IMG ARENA rights portfolio.
