Genius Sports has reported a 38% year-on-year increase in group revenue for the third quarter of 2025, reaching $166.3m.
The growth was primarily driven by an 89% rise in media revenue and a 28% increase in betting technology, content and services revenue.
The company's adjusted EBITDA also rose 32% to $34m, while net loss widened to $28.8m, compared to a $12.5m profit in the same period last year. Indeed, Genius attributed the loss mainly to foreign currency impacts, new data rights agreements and non-recurring litigation expenses.
Media technology and content services saw the strongest growth percentile, reaching $41.8m for the quarter, supported by higher demand for programmatic advertising solutions.
Betting technology and content revenue climbed to $110m, buoyed by price increases on contract renewals, expanded services and new market entries.
Finally, sports technology and services contributed $14.5m - a 16% increase.
Looking ahead, Genius Sports has raised its full-year 2025 guidance, now expecting total revenue of approximately $655m - a 28% increase year-on-year - and adjusted EBITDA of $136m, representing 59% growth and a 21% margin.
The company also anticipates generating positive cash flow for the full year.
Commenting on the results, Mark Locke, Genius Sports Co-Founder and CEO, stated: "Our growth this quarter reflects our unique ability to combine sports data with audience intelligence to deliver personalised fan experiences at scale.
"We're extending our leadership in online sports betting and sports advertising through richer content, rapid product adoption and strong commercial momentum, driving continued growth and long-term value for our partners."
Throughout the third quarter, Genius expanded its commercial reach through several key initiatives, including the acquisition of Sports Innovation Lab to enhance its fan data capabilities and an extended partnership with Hard Rock Bet Sportsbook to integrate its BetVision technology.
Genius Sports holds data and streaming rights for several major leagues worldwide, including the NFL and Italy's Serie A