Sportradar Q3 revenue rises 24%, elevating YTD to €1.09bn

Sportradar has announced its latest financial results, highlighting a Q3 revenue rise of 24% to €362.5m ($405.3m).  

Indeed, the company has reported a lucrative quarter, with the divestment of its Atrium Sports assets for approximately $170m confirmed as part of a broader streamlining strategy. Betting and gaming content led the way with regard to revenue earned by company sector, while rest-of-world revenue continued to outpace the US.  

US revenue surge: Sportradar's Q3 at a glance 

Despite accounting for less overall revenue than the rest of the world – which generated €264.5m in Q3 – US revenues rose 47% year-on-year over the course of the third quarter, settling at €97.9m. Betting and gaming content revenues also rose 37% to €241.9m, with both Sportradar’s key business sectors reporting revenue growth.  

Sports performance and managed betting services revenues each experienced respective downturns of 8% and 3% year-on-year, offset by marketing and media services revenue – up 15% – and integrity services revenue – up 16%. In comparison to results from the second quarter, Sportradar's revenue has also dropped 4.3%.  

More broadly, Q3 adjusted EBITDA rose 21% year-on-year to €102m, with net cash from operating activities rising 37% to €157m. Profits recorded over the third quarter also settled at €27m, up 20% in comparison to results from the prior year. Updates from the quarter saw Sportradar expand its partnership with Polymarket across 20 leagues and competitions, as well as extended its Euroleague Basketball rights deal to 2031. 

Betting & gaming drives Sportradar's 2026  

Observing the data supplier's financial results over the course of the first nine months of 2026, revenues overall have maintained a steady climb of 18% to €1.86bn, with betting and gaming content once again being the key driver by company department, reporting €728.7m.  

US revenues have accounted for €289.2m of the overall figure, with rest of world revenues making up the remaining €797.6m.  

Growth of 21% in betting technology and solutions revenue, and 5% in sports content, technology and services revenue, have enabled the company to reiterate its full-year financial outlook as part of this latest release, with revenues expected to reach between €1.52bn and €1.53bn this year. Elsewhere, adjusted EBITDA is also expected to settle at between €360m and €368bn.  

CEO's comments  

Speaking on these latest financial figures, Sportradar CEO Carsten Koerl stated: "Sportradar delivered another strong quarter of double-digit growth, once again demonstrating the value of our role as a key technology and content partner to the global sports ecosystem.  

"Our performance was driven by strong demand for our premium content portfolio, deep data and innovative technology solutions, including further monetization of the acquired IMG Arena rights and significant contributions from across the prediction markets landscape. Fans are engaging with sports across more platforms than ever before, expanding our addressable market and increasing demand for our products and solutions.  

"As we capitalize on these new opportunities, further leveraging our existing portfolio, we remain focused on innovation and execution to drive additional value for our partners and clients and deliver durable growth and expanding profitability for our shareholders."