Sportradar has delivered a year of solid top-line growth and improved margins. The Sportradar FY 2025 results highlight steady demand from betting operators and media partners. US expansion and the IMG ARENA deal played a central role in the year’s performance.

• Full-year revenue rose 17% to EUR 1.29bn, up from EUR 1.11bn in 2024. Betting Technology & Solutions generated EUR 1.05bn, an increase of 15%, with Betting & Gaming Content up 16% to EUR 817m. The core betting-facing business continues to account for the majority of group revenue.

• Adjusted EBITDA increased 33% to EUR 297m, with margin expanding to 23%. Profit for the year reached EUR 100m, compared with EUR 33.6m in the previous year. Free cash flow improved to EUR 167m, reflecting stronger operating performance across the business.

• The US market remained a key growth driver, with revenue up 23% year-on-year. The US contributed 25% of total group revenue in 2025, slightly higher than 24% in 2024. Customer net retention stood at 109%, showing continued upselling within the existing client base.

• In November 2025, Sportradar completed the acquisition of IMG ARENA and its global sports betting rights portfolio, adding more than 70 rights holders. Fourth-quarter revenue rose 20% to EUR 369m, while adjusted EBITDA increased 48% to EUR 89m. CEO Carsten Koerl said the company “delivered on all fronts, achieving record revenue, substantial margin expansion, and increased free cash flow generation.”

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