SSportradar provides sports data and betting technology to operators and media worldwide. It collects live data from over a million events across 80+ sports using scouts, automation, and partnerships, then delivers it through data feeds, odds, risk management, and an end-to-end sportsbook platform called ORAKO, plus APIs and streaming for media. The company also runs Integrity Services to detect betting-related match fixing and offers ad:s marketing to help operators acquire and retain customers. Its goal is to be a leading global provider of sports data and betting technology that helps operators run bets, media tell stories, and federations protect sport’s integrity.
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1,001-5,000
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IPO
Headquarters
St. Gallen, Switzerland
Founded
2001
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$605.4M
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Sportradar reported 24% year-over-year revenue growth in the third quarter of 2026, driven by expansion into prediction markets and content integration. The company announced the results on an earnings call on November 3, 2026. Sportradar supplies official data feeds to prediction market exchanges, brokers, and market makers. Chief executive officer Carsten Koerl said it uses the same rights, technology, and teams that power its betting business, so the move needs minimal extra investment. One year after buying IMG Arena, Sportradar has integrated it and monetised premium golf and martial arts content. It also agreed to sell Atrium Sports, a coaching and scouting business, to Teamworks Innovations for $170 million. The proceeds will strengthen the balance sheet and fund share buybacks.
Sportradar Group AG reported 24% revenue growth in the third quarter of 2026, driven by demand for betting and gaming content and the integration of the IMG Arena rights portfolio. IMG has beaten its 25% revenue synergy target. The company sold Atrium Sports for $170 million to focus on core betting, gaming, and media work. It also signed a partnership with Polymarket, supplying official data and technology to prediction market players. Adjusted personnel expenses fell 5% year over year despite the added IMG staff. Managed betting revenue dropped 3% on unfavourable European soccer results. Brazil's pause on sports betting puts about $60 million in annual revenue at risk. Sportradar plans to launch PlayRadar, a 24/7 iGaming destination, in early 2027.
Sportradar's US revenue surges 47% as prediction markets and IMG Arena fuel broad Q3 gains. A dramatic rise in American market activity has emerged as one of the standout stories behind Sportradar's third-quarter performance, with US revenue climbing 47% to €98m. The surge reflects both geographic expansion and the fast-growing prediction markets sector, which has become an increasingly significant contributor to the company's top line. Overall, Sportradar posted total revenue of €362.5m for the three months to 30 September 2026, representing a 24% increase compared with the same period a year earlier. The acquisition of IMG Arena last November has also played a meaningful role in the group's growth trajectory heading into the back half of the year. Betting Technology and Solutions, Sportradar's largest division, was the primary engine of that growth, with revenue rising 27% to €296.7m during the quarter. Within that segment, betting and gaming content delivered the most striking gains, with revenue jumping 37% to €242m, underlining strong operator demand for live data and streaming products. Not every metric within the division moved in the same direction, however, as managed betting services revenue dipped 3% to €54.7m, providing a modest drag on the overall segment result. Sportradar's Sports Content, Technology and Services arm also recorded double-digit growth, with revenue advancing 11% to €65.8m for the quarter. Increased costs accompanied the revenue expansion, though pre-tax profit still managed to climb 14% to €33.1m, demonstrating that profitability continued to move in a positive direction. Zooming out to the year-to-date picture, total revenue reached €1.09bn, an 18% improvement, while adjusted EBITDA grew 20% to €244.5m across the first nine months of 2026. Looking ahead, Sportradar expects adjusted EBITDA growth on a constant currency basis to land within a range of 24% to 27%, signalling continued confidence in the company's near-term trajectory. The results reinforce how diversification across geographies and product lines, from traditional betting data to emerging prediction markets, is reshaping the company's revenue profile at pace. Andrew Fletcher is a veteran iGaming journalist, and he keeps a close watch on regulatory developments and emerging business deals. November 3, 2026
Sportradar Q3 revenue rises 24%, elevating YTD to €1.09bn. The data supplier has reported rises across the board for the third quarter, with US revenue subject to a 47% year-on-year increase. Key Points Sportradar has unveiled a Q3 revenue figure of €362.5m, with YTD revenue reaching €1.09bn US revenues surged 47% during the third quarter, with adjusted EBITDA and operating profit up 21% and 20%, respectively Q3 revenue overall was subject to a slight drop quarter-on-quarter, however full-year guidance remains unchanged Sportradar has announced its latest financial results, highlighting a Q3 revenue rise of 24% to €362.5m ($405.3m). Indeed, the company has reported a lucrative quarter, with the divestment of its Atrium Sports assets for approximately $170m confirmed as part of a broader streamlining strategy. Betting and gaming content led the way with regard to revenue earned by company sector, while rest-of-world revenue continued to outpace the US. US revenue surge: Sportradar's Q3 at a glance. Despite accounting for less overall revenue than the rest of the world - which generated €264.5m in Q3 - US revenues rose 47% year-on-year over the course of the third quarter, settling at €97.9m. Betting and gaming content revenues also rose 37% to €241.9m, with both Sportradar's key business sectors reporting revenue growth. Sports performance and managed betting services revenues each experienced respective downturns of 8% and 3% year-on-year, offset by marketing and media services revenue - up 15% - and integrity services revenue - up 16%. In comparison to results from the second quarter, Sportradar's revenue has also dropped 4.3%. More broadly, Q3 adjusted EBITDA rose 21% year-on-year to €102m, with net cash from operating activities rising 37% to €157m. Profits recorded over the third quarter also settled at €27m, up 20% in comparison to results from the prior year. Updates from the quarter saw Sportradar expand its partnership with Polymarket across 20 leagues and competitions, as well as extended its Euroleague Basketball rights deal to 2031. Sportradar quarterly results comparison. Betting & gaming drives Sportradar's 2026. Observing the data supplier's financial results over the course of the first nine months of 2026, revenues overall have maintained a steady climb of 18% to €1.86bn, with betting and gaming content once again being the key driver by company department, reporting €728.7m. US revenues have accounted for €289.2m of the overall figure, with rest of world revenues making up the remaining €797.6m. Growth of 21% in betting technology and solutions revenue, and 5% in sports content, technology and services revenue, have enabled the company to reiterate its full-year financial outlook as part of this latest release, with revenues expected to reach between €1.52bn and €1.53bn this year. Elsewhere, adjusted EBITDA is also expected to settle at between €360m and €368bn. CEO's comments. Speaking on these latest financial figures, Sportradar CEO Carsten Koerl stated: "Sportradar delivered another strong quarter of double-digit growth, once again demonstrating the value of its role as a key technology and content partner to the global sports ecosystem. "Its performance was driven by strong demand for its premium content portfolio, deep data and innovative technology solutions, including further monetization of the acquired IMG Arena rights and significant contributions from across the prediction markets landscape. Fans are engaging with sports across more platforms than ever before, expanding its addressable market and increasing demand for its products and solutions. "As we capitalize on these new opportunities, further leveraging our existing portfolio, we remain focused on innovation and execution to drive additional value for our partners and clients and deliver durable growth and expanding profitability for our shareholders." Good to know Sportradar CEO Carsten Koerl appeared alongside Michael Jordan as part of a panel presentation during Q3 at the 2026 SBC Summit in Lisbon
Sportradar follows global sports media and technology trends at SPORTEL Monaco 2026. With myFocus you can edit your personalised news feed, follow topics and more. Raphael Sobral, director of Sports Partnerships at Sportradar, reflected on the company's presence at the event. Interview.- Sportradar took part in the 36th edition of SPORTEL Monaco, held from October 19 to 21 at the Grimaldi Forum. The event brought together representatives from 73 countries and 780 companies across the sports media and technology sectors. Sportradar was represented by Raphael Sobral, director of Sports Partnerships at Sportradar. For those who may not be familiar with it, what is SPORTEL and why is it so relevant to the sports industry? SPORTEL is one of the leading global gatherings for the sports media and technology industry, with more than three decades of history. Over three days, Monaco brings together sports rights holders, broadcasters, federations, investors, agencies and technology companies. This diversity makes the event particularly relevant, as it brings together the different stakeholders involved in the production, distribution and innovation of sports content. It is also an opportunity to follow key industry trends, explore new solutions and identify collaboration opportunities that can contribute to market development. Sportradar attends SPORTEL every year. Why is the event so important to the company? SPORTEL is an important event on Sportradar's global calendar. As a company operating at the intersection of sports, media and technology, attending gives Focus Gaming News the opportunity to closely follow industry trends, strengthen relationships with existing partners and establish new connections. The event also allows Focus Gaming News to better understand market needs and demonstrate how its data and technology solutions can support the development of leagues, federations and media companies. Artificial intelligence was one of the key themes at this year's event. What is your take on this discussion? Artificial intelligence featured in several discussions, from live production to content distribution and monetisation. The conversation is evolving: rather than simply discussing the adoption of AI, the industry is looking at how to apply it strategically and deliver measurable results. At Sportradar, this process starts with accurate, reliable data available in real time. Combining this data with artificial intelligence makes it possible to automate processes, deepen analysis and develop new ways of presenting sports information. One example is AI Researcher, which helps broadcast and editorial teams identify relevant information and provide context for events based on verified data. 4Sight, meanwhile, integrates probabilities and metrics into live broadcasts, expanding analytical possibilities during games. The key differentiator lies in combining AI with data intelligence to develop practical, reliable solutions that meet its partners' needs. "The conversation is evolving: rather than simply discussing the adoption of AI, the industry is looking at how to apply it strategically and deliver measurable results." Raphael Sobral, director of Sports Partnerships at Sportradar. How are data and technology changing the sports fan experience? Fans are no longer passive spectators. Today, they expect a personalised, interactive experience that goes beyond the broadcast, with live statistics, advanced visualisations, tailored content and access across multiple screens. In this environment, speed makes all the difference. Often, milliseconds separate the moment something happens on the field from the moment that information reaches the fan. Its role is to make that journey fast and accurate. With widgets and Live Match Tracker, fans can follow games through visualisations and statistics on any screen. With Insights and 4Sight, a play becomes more than an isolated number: it gains context. And on OTT platforms, video and data are brought together in one place, allowing leagues and broadcasters to tell richer stories without fans having to leave the stream. "Fans are no longer passive spectators. Today, they expect a personalised, interactive experience that goes beyond the broadcast, with live statistics, advanced visualisations, tailored content and access across multiple screens." Raphael Sobral, director of Sports Partnerships at Sportradar. Which technology trends in the industry stand out to you? I would highlight three main trends. The first is the evolution of live broadcasts, with data and technology being used to provide context for sporting events and enrich the experience for viewers. At Sportradar, solutions such as OnAir, SRDI, Radar360 and 4Sight enable information and analysis to be incorporated into broadcasts, making content more dynamic and informative. The second is the growth of streaming and direct-to-consumer platforms. In this environment, integrating video and data makes it possible to offer more comprehensive content while gaining a better understanding of audiences and their preferences. The third trend is personalisation. With solutions such as FanID, leagues, brands and media companies can use their own data to develop more targeted communication strategies, understand fan behaviour and measure the results of their initiatives. Across all three areas, data intelligence plays a central role, connecting technology, content and audience insights to create value for the different stakeholders in the sports industry. What is the main takeaway for Sportradar from the event, and what can partners expect going forward? The main takeaway is that the evolution of the sports industry increasingly depends on the integration of data, technology and content distribution. SPORTEL Monaco highlighted the importance of developing solutions that meet the needs of broadcasters, leagues, federations and other partners, expanding the ways sports data can be used. Sportradar will continue to invest in artificial intelligence, data quality and new technologies to support its partners in content creation, enhancing broadcasts and developing new business opportunities.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
St. Gallen, Switzerland
Founded
2001
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs