Earnings ·
Sportradar Group AG reported second quarter 2026 financial results with revenue increasing 19% to €378 million and…
SRADSportradar Group AG
Sportradar Group AG reported second quarter 2026 financial results with revenue increasing 19% to €378 million and Adjusted EBITDA rising 19% to €76 million. The company posted a net loss of €4 million, primarily due to €9 million in unrealized foreign currency losses offsetting strong operating performance. Management provided an updated full-year 2026 outlook, forecasting revenue growth of 19% to 21% on a constant currency basis and Adjusted EBITDA growth of 24% to 27%. The company also announced strategic partnerships with prediction market exchanges Kalshi and Polymarket, extended its agreement for Wimbledon rights, and upsized its revolving credit facility to €250 million. Sportradar Group AG operates in the sports technology industry, providing data, content, and betting solutions to operators, media companies, and sports federations.