Sportradar has released its full Q2 and H1 2026 financial report, highlighting a revenue figure of €378m ($435.7m) over the course of the second quarter, as H1 revenues also increase year-over-year.
Indeed, this revenue figure represents a 19% upswing in comparison to results from the second quarter of 2025, with H1 2026 revenue also rising 15% to €724.3m. Both the supplier’s key departments – Betting Technology & Solutions and Sports Content, Technology & Services – saw revenue rises over both Q2 and H1, however a subject of the latter, Sports Performance, saw revenue declines over both periods.
Q2: IMG Arena and betting content drive growth
Broadly, Q2 revenues hit €378m, up 19% year-over-year – complemented by an adjusted EBITDA figure of €76m, up by the same amount over the course of the second quarter. Net cash from operating activities also increased by 20% in comparison to results from the second quarter of 2025, settling at €117m – as free cash flow rose 14% to €59m.
Elsewhere, however, the supplier reported a loss of €4m for the overall Q2 period. By company segment, Betting & Gaming Content revenue rose 27% to €254.5m, with Managed Betting Serviced remaining flat at €59m. Marketing & Media Services rose 16% to €47.4m, with Integrity Services reaching €6.2m, up 7%. Revenue from Sportradar’s Sports Performance segment fell by 13% to €10.6m.
The supplier’s overall revenue figure also reflects an 8.9% increase in comparison to results from Q1 2026.
H1 on the rise as FY 2026 outlook remains strong
Through the year’s first half, revenue rose 15% to €724.3m – driven largely by Betting & Gaming Content revenue, up 24% to €486.69m. Revenue from managed betting services dropped 1% year-over-year to €114.5m, as Marketing & Media Services reached €89.86m, up 3%.
Sportradar Revenue Breakdown US vs Rest of World (€m)
Integrity Services were subject to the sharpest revenue upswing of the year so far, settling at €11.98m and rising by 33%, offset by a 10% year-over-year decline in Sports Performance Revenue which fell to €21.28m. By region, US revenue reached €191.23m during H1, up 10%, while rest of World revenue reached €533.12m, up 17%.
In the wake of these results, Sportradar has reinforced its expectation of a revenue rise to between €1.52bn to €1.53bn and an adjusted EBITDA of €360m to €368m for the full-year 2026 period.
CEO’s comments
Speaking on these results was Sportradar CEO Carsten Koerl, who said: "Sportradar’s second-quarter financial growth, along with the progress we delivered across a variety of key strategic initiatives, reflects our mission-critical role at the center of the global sports ecosystem.
Strong demand for our premium content, data and technology solutions, including increased monetization of our IMG ARENA rights portfolio, drove double-digit growth while deepening our relationships across our unparalleled global distribution network.
We also further expanded our addressable market, entering into strategic partnerships with key prediction market participants that will enable us to capitalize on this fast-growing ecosystem. As we benefit from new avenues of growth, we remain focused on innovating across our core product suite to drive additional value for our partners, and clients as well as our shareholders."
Sportradar ended Q2 strong, with recent updates from the end of the quarter seeing the company broker a new data partnership with Kalshi – as well as extending its pre-existing collaboration with Wimbledon.
Sportradar acquired IMG Arena in November 2025 as part of a unique structure which saw the supplier receive $225m in payments from Endeavor
