Genius Sports Q2 revenue increases 64.7%, H1 net loss totals $132.2m

Genius Sports has reported its financial results for Q2 and H1 2026, having witnessed respective net losses of $76.7m and $132.2m during both periods, representing increases of 42.2% and 112.7% year-over-year. 

Despite the losses for Q2 and H1, quarterly revenue for Genius Sports increased 64.7% to $195.5m, primarily generated by betting technology, content and services which accounted for $117.4m and rose 27.5%. 

Media technology, content and services drove $78.2m of revenue and increased by a significant 192.8%, while the organization’s adjusted EBITDA for Q2 grew 54% for a total of $52.6m. 

Gross profit for the second quarter of 2026 increased 617.7% to nearly $63.8m, although Genius Sports still reported a loss from operations of nearly $55.6m. 

During H1, revenue increased 46% to $383.5m, while adjusted EBITDA climbed 42% to $76.6m. Betting technology, content and services accounted for $263.6m of H1 revenue and increased 30.6%, while media technology, content and services revenue grew 96.6% to $119.9m. 

Gross profit for the first half of 2026 totaled just over $107.1m, equating to a rise of 142.9%, while Genius Sports also managed to decrease its loss from operations during the period by 2.4% to $98.7m. 

As a result of Q2 and H1 2026 results, Genius Sports expects group revenue to fall between $1.005bn and $1.025bn for FY2026, as well as adjusted EBITDA to produce $285-295m, both having been raised from Q1 projections. 

To grow its presence across prediction markets, Genius Sports signed new agreements with both Kalshi and Polymarket in recent days. 

Genius Sports agreed to provide Polymarket with exclusive live sports streaming, official data and integrity services for its US prediction market platform, while Kalshi will collaborate with the organization on integrity monitoring and information sharing initiatives.