Sportradar grew revenue by 24% to EUR 362.5m in the third quarter of 2026, up from EUR 292.1m a year earlier. Adjusted EBITDA rose 21% to EUR 102.2m, although the margin eased to 28.2% from 29.0% as the company absorbed the cost of sports rights acquired with IMG ARENA.

Profit for the period rose 20% to EUR 27.0m. Chief Executive Carsten Koerl said “Sportradar delivered another strong quarter of double-digit growth”, citing further monetisation of the IMG ARENA rights.

Q3 2026 in numbers

  • Revenue: EUR 362.5m, up 24%.
  • Adjusted EBITDA: EUR 102.2m, up 21%, a 28.2% margin.
  • Profit for the period: EUR 27.0m (EUR 22.5m).
  • Net cash from operating activities: EUR 157m, up 37%.
  • Free cash flow: EUR 73m, up 12%.

Where the growth came from

  • Betting Technology & Solutions revenue rose 27% to EUR 296.7m, led by Betting & Gaming Content, up 37% to EUR 242.0m.
  • Managed Betting Services slipped 3% to EUR 54.7m.
  • Sports Content, Technology & Services grew 11% to EUR 65.8m, with Marketing & Media Services up 15%.
  • US revenue jumped 47% to EUR 98.0m and now accounts for 27% of the group, up from 23%. Rest of World grew 17% to EUR 264.5m.

Prediction market clients contributed to growth in both Betting & Gaming Content and the US. Sportradar expanded its Polymarket partnership to more than 20 leagues and competitions, including the Bundesliga, Euroleague Basketball and the tennis Grand Slams, and signed agreements with prediction market makers and brokers. Hacksaw this week also put a dedicated leader in charge of its own prediction markets business.

Deals and outlook

  • Sportradar agreed to sell Atrium Sports for USD 170m, with the deal expected to close in the fourth quarter.
  • It extended its Euroleague Basketball data and audiovisual betting rights to 2031, covering more than 650 games a year.
  • It bought back USD 157m of shares in the quarter and USD 408m so far in 2026.
  • The 2026 outlook is unchanged: revenue of EUR 1,518m to EUR 1,533m and adjusted EBITDA of EUR 360m to EUR 368m at current exchange rates.

The full figures are in Sportradar’s third-quarter 2026 results release.