Genius Sports reported stronger revenue and EBITDA in the first quarter of 2026, helped by growth in betting and media. The company also raised its full-year outlook after completing the acquisition of Legend – see more details:

• Genius Sports posted Q1 revenue of USD 188m (ca. EUR 160m), up 31% from the same period last year. Adjusted EBITDA increased 21% to $24m (ca. EUR 20m). The company also lifted its 2026 EBITDA margin target from 23% to 28%.
• Betting Technology, Content & Services revenue rose 33% to USD 146.2m (ca. EUR 124m). Genius said the increase came from renewed contracts, price increases and new services. Media revenue also grew 22% to USD 41.7m (ca. EUR 35m), supported by GeniusIQ products and the Moment Engine rollout.
• Group net loss widened to USD 55.5m (ca. EUR 47m) during the quarter, compared to USD 8.2m (ca. EUR 7m) a year earlier. The company linked this to foreign exchange movements, stock compensation costs and Legend deal expenses. Operating expenses increased to USD 86.5m (ca. EUR 73m) from USD 55.6m (ca. EUR 47m).
• Genius highlighted several new partnerships and launches during the quarter. These included BetVision for Tennis, a deal with Magnite and a partnership with the Pac-12 focused on betting, integrity and AI tools. Genius Sports revenue guidance for 2026 was increased to between USD 990m (ca. EUR 841m) and USD 1.01bn (ca. EUR 858m).
• CEO Mark Locke said the Legend acquisition would expand the company further into fan engagement and participation. Genius expects Q2 2026 revenue of around USD 185m (ca. EUR 157m) and adjusted EBITDA of about USD 45m (ca. EUR 38m).

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