Sportradar has reported its financial results for the first quarter of 2026. The company posted revenue growth alongside improved EBITDA performance. The Sportradar Q1 results also include updates on strategy and capital allocation.

• Sportradar reported revenue of EUR 347m for the first quarter, up 11% year-on-year from EUR 311m. Growth was mainly driven by betting technology and content. The Sportradar Q1 results show continued demand from sportsbook and media clients.
• Adjusted EBITDA reached EUR 66m, up 12% year-on-year, with margin improving to 19%. This increase was supported by higher revenues, though partly offset by costs linked to the IMG Arena acquisition. Foreign exchange movements also continued to impact earnings.
• The company recorded a net loss of EUR 6m, compared to a EUR 24m profit in Q1 2025. This was mainly due to EUR 9m in foreign exchange losses and higher depreciation and finance costs. Operating performance remained positive despite these factors.
• Betting & Gaming Content revenue rose 20% to EUR 232m, while Managed Betting Services declined 2%. Marketing & Media Services fell 9% due to reduced campaign activity from clients. Growth outside the US was stronger, with Rest of World revenue up 14% compared to 4% growth in the US.
• Free cash flow increased 38% to EUR 44m, with operating cash flow at EUR 109m. Sportradar also announced a USD 250m (ca. EUR 214m) enhanced share repurchase programme, following USD 90m (ca. EUR 77m) in buybacks during the quarter. CEO Carsten Koerl said: “Sportradar’s first quarter growth reflects our position in the expanding global sports data ecosystem.”

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