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Better Collective Interim Q1: Revenue up 5% to €86m, FY predictions unchanged

The affiliate experienced a significant revenue push from US operations, with EBITDA and operating profits also rising.

2 min read
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Key Points
Better Collective has reported its interim Q1 2026 results
Revenue, EBITDA and operating profits were each subject to year-on-year increases
The US market was a key driver for the affiliate during Q1

Better Collective has reported its latest financial report, unveiling 5% year-on-year growth for the first quarter of 2026.  

Indeed, the affiliate organisation generated €86m ($99.9m) over the course of the year’s first quarter, representing the aforementioned upward trajectory of 5% in comparison to results from the prior year – or up 9% on a constant currency basis.  

Elsewhere, EBITDA before special items amounted to €25m for Q1 2026, up 14% from the first quarter of 2025 and complemented by an EBITDA margin of 29%. As such, the company’s FY 2026 financial guidance will, as specified by Better Collective, remain unchanged.  

By region, a major revenue driver for the organisation over the course of the first quarter was the US market, from which Better Collective’s revenue share income grew by 46% year-on-year. This performance was offset slightly by poor metrics from the Brazilian market, which continues to be a pressure point for the company.  

As part of its report, Better Collective also outlined a profit figure of €7.3m after tax, up significantly from the €3.6m reported during the first quarter of last year – and complemented by an operating profit margin of 15%, compared to 13% during Q1 2025.  

Better Collective quarterly revenue comparison (€m)

Speaking on these latest interim results via LinkedIn, Better Collective Co-CEO and Founder Jesper Søgaard said: “Better Collective’s Q1 report marks a strong start to the year, with a return to organic revenue growth of 9% in constant currencies and EBITDA. growing even faster at 14% to €25m. The growth was mainly driven by continued strong momentum in Paid Media, Talent-led Media and the ongoing transition to revenue share in North America. 
 
“During the quarter, we also expanded our partnership with X (Twitter), becoming an Official Global Partner. The agreement includes an enhanced global scope for Playbook and marks another important step in our ambition to bring sports fans closer to the action through innovative products and technology. 
 
“We have also increased our focus on Prediction Markets, which remains an early-stage category, but one that we believe represents a significant long-term opportunity for our business. Looking ahead, we are deep into preparations for the upcoming FIFA World Cup, which starts in just three weeks. As one of the largest sporting events in the world, it represents a major opportunity across our House of Brands.” 

Good to know

Better Collective’s expansion into prediction markets is almost entirely limited to the US market, its strongest Q1 growth region

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