Earnings ·
Reports Q3 revenue of €363 million and agrees to sell Atrium Sports for $170M
SRADSportradar Group AG
Sportradar reported third-quarter 2026 revenue of €363 million, a 24% increase year-over-year, driven by strong growth in Betting Technology & Solutions. Profit for the period rose 20% to €27 million, while Adjusted EBITDA increased 21% to €102 million with a margin of 28.2%. The company also announced an agreement to divest its Atrium Sports business to Teamworks Innovations for $170 million, expected to close in the fourth quarter. Additionally, Sportradar repurchased US$157 million of shares during the quarter under its existing buyback program and reiterated its full-year 2026 financial outlook. The company operates as a global sports technology provider delivering data, content, and betting solutions.