Genius Sports kicked off 2025 with strong financial momentum. The company’s Q1 results showed a solid rise in revenue and a sharp improvement in profitability. This performance supports its continued focus on technology and operational efficiency. Genius Sports revenue growth was one of the key drivers behind these numbers.

  • Group revenue rose to $144 million, up 20% compared to Q1 2024. This increase was led by gains in its Betting Technology segment, which alone contributed $106.5 million. The segment saw 44% year-over-year growth due to contract renewals and renegotiations.

  • Media Technology revenue declined by 27%, coming in at $25.9 million. This was attributed to a drop in programmatic and social advertising. Sports Technology revenue grew 12% to $11.6 million, helped by demand for GeniusIQ-based products.

  • Adjusted EBITDA climbed 188% year-over-year to $19.8 million. This result came with a margin increase of 800 basis points, reaching 13.7% for the quarter. Incremental EBITDA margin stood at 53%.

  • Net loss dropped significantly from $25.5 million to $8.2 million. This was helped by foreign exchange gains and improved cost efficiency. Total operating expenses increased to $55.6 million, up from $37.1 million last year.

  • Cash and cash equivalents more than doubled to $209.8 million. Net operating cash flow, however, was negative at $30.8 million. A $144 million equity raise helped boost overall liquidity.

  • Genius Sports reaffirmed its 2025 outlook of $620 million in group revenue and $125 million in adjusted EBITDA. This would represent 21% and 46% annual growth, respectively. The company also aims for a 20% EBITDA margin.

  • The Board approved a share repurchase plan of up to $100 million. The repurchases will be funded using existing cash and operational cash flow. Genius sees this as a reflection of confidence in its long-term profitability.

  • Key partnerships and product updates included a new FANHub deal with Deep Blue Sports and new Ligue 1 broadcast tools. BetVision was also launched to enhance live betting for soccer fans.

  • After Q1, Genius Sports was confirmed as the exclusive NCAA data provider through 2032. It also introduced new 3D player analysis tools and semi-automated offside tech for the Premier League. “Our largely fixed cost base, coupled with several durable growth drivers, reinforces our confidence,” said CEO Mark Locke.