Sportradar kicked off 2025 with strong numbers. The company’s revenue hit €311 million in Q1, marking a 17% year-over-year increase. These Sportradar Q1 2025 results also showed growing margins and increased global momentum.

  • Betting Technology & Solutions led with €250 million in revenue, up 14% from last year. This growth came from higher customer demand and strong U.S. market performance. Managed Betting Services added €56 million, increasing 16%.

  • Sports Content, Technology & Services brought in €61 million, a 33% jump. Marketing & Media Services stood out with 36% growth, supported by increased spending from sportsbooks. Contributions from affiliate marketing also boosted the segment.

  • Profit for the period reached €24 million, compared to a €1 million loss last year. This swing included a €28 million foreign currency gain, mainly from U.S. dollar-based contracts. It was partly offset by higher expenses in share-based compensation and rights amortization.

  • Adjusted EBITDA rose 25% to €59 million, supported by 17% revenue growth. Increased investment in sports rights and product development influenced margins. Staff costs also grew to support the expansion.

  • Free cash flow hit €32 million, up from zero in the same period last year. Operating cash flow rose 52% to €102 million. Total liquidity reached €578 million with no debt.

  • U.S. revenue surged 31% to €86 million, now making up 28% of total revenue. The Rest of World also performed well, growing 12% to €225 million. Customer Net Retention Rate reached 122%, pointing to strong cross-sell and upsell.

  • Sportradar extended its partnership with Major League Baseball through 2032. It will now distribute MLB data and audiovisual content and co-develop AI-driven fan experiences. The deal strengthens its U.S. and global content offering.

  • The company announced plans to acquire IMG ARENA and its sports betting rights portfolio. The deal is expected to close in Q4 2025, pending regulatory approval. This will add content in top betting sports like tennis and basketball.

  • It launched AI-driven Alpha Odds for cricket, a market with €80 billion in annual betting turnover. New integrity and data partnerships were signed with Brazil’s football and volleyball bodies. Sportradar now monitors over 8,200 Brazilian matches each year.

  • Sportradar reaffirmed its 2025 guidance of at least €1.273 billion in revenue. It expects at least €281 million in adjusted EBITDA and 200 basis points of margin expansion. These forecasts don’t yet include the impact from the IMG ARENA deal.