Genius Sports reports strong Q2 2025 results, raises full-year guidance

Key points:

– Genius Sports reported 24% year-over-year revenue growth in Q2 2025 and a record adjusted EBITDA of $34.2m

– The company raised its full-year 2025 revenue and EBITDA guidance to $645m and $135m, respectively

– Major recent deals include exclusive data and streaming rights for Serie A and 8,000+ matches via the European Leagues Association

Genius Sports has reported its financial results for Q2 2025, highlighting solid year-over-year growth, record adjusted EBITDA and raised guidance for the remainder of the year.

For the quarter ending 30 June 2025, Genius Sports generated group revenue of $118.7m, marking a 24% increase compared to Q2 2024.

This performance was largely driven by the company’s Betting Technology, Content & Services segment, which grew 30% year-over-year to $87.5m. Growth in this segment was attributed to increased betting volumes, contract renegotiations and expansion of value-added services.

Media Technology, Content & Services saw modest growth of 3.6% to $18.6m, driven primarily by higher demand for programmatic advertising services.

Meanwhile, Sports Technology & Services grew 21.5% to $12.6m, supported by increased sales of GeniusIQ-powered products.

Despite the revenue increase, the Group reported a net loss of $53.9m, compared to a loss of $21.8m in the same quarter the previous year. The widened loss was primarily due to one-time stock-based compensation and warrant expenses related to executive equity awards and the NFL partnership.

However, adjusted EBITDA rose significantly to $34.2m – an increase of 64% year-over-year – reflecting a 700 basis point improvement in margin, now at 28.8%.

Year-to-date results also painted a picture of growth. Revenue for the first half of 2025 stood at $262.7m, up 22% from the same period in 2024. Meanwhile, adjusted EBITDA nearly doubled, reaching $53.9m.

Alongside its financial results, Genius Sports announced an upward revision of its full-year 2025 guidance. The company now expects to achieve $645m in group revenue and $135m in adjusted EBITDA – representing 26% and 57% year-over-year growth, respectively.

If achieved, this would result in over 400 basis points of adjusted EBITDA margin expansion to 21%.

Good to know: The company also reported a strong balance sheet, with cash and cash equivalents totalling $221.6m at the end of June

Commenting on the results, CEO Mark Locke stated: “Our new partnerships with Serie A and European Leagues further demonstrate the strength of our technology and how it is fundamentally transforming the traditional rights model.

“Additionally, our extended and expanded partnership with the NFL reinforces our confidence in the long-term model, paving the way for continued margin expansion and cash flow growth for the foreseeable future.

“The strong momentum and new commercial successes across Betting, Media and Sports underpin our increased full-year 2025 guidance.”

Recent business highlights include Genius securing exclusive official data and streaming rights with Italy’s Serie A through 2029, and entering a multi-year partnership with the European Leagues Association covering over 8,000 matches across 46 competitions.

These deals aim to bolster Genius’ BetVision and GeniusIQ product lines, combining real-time data, video and AI-powered insights for sportsbooks, broadcasters and teams.

Additional developments include a new collaboration with TV measurement firm iSpot, a partnership with PMG and the roll-out of semi-automated officiating technologies in Belgian football.

Looking ahead, Genius Sports has announced the appointment of Bryan Castellani as Chief Financial Officer, effective 1 October 2025. Castellani brings extensive media and financial leadership experience from roles at ESPN, Disney and Warner Music Group.