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Sportradar Revenue Rises 24% to 363 Million Euros in Third Quarter on Prediction Market Growth

Sportradar reported third-quarter revenue of 363 million euros, up 24% from a year earlier, as its betting technology business grew 27% and prediction market deals added to demand. Profit rose 20% to 27 million euros.

By admin Nov. 3, 2026 · 6:48 PM ET 2 min read

A soccer stadium at night under floodlights, with a full crowd watching a match on a green pitch.
A soccer stadium at night under floodlights, with a full crowd watching a match on a green pitch.

Sportradar Group reported revenue of 363 million euros for the third quarter ended September 30, 2026, up 24% from 292 million euros in the same quarter a year earlier, the company said Tuesday in a release carried by GlobeNewswire.

Profit for the quarter rose 20% to 27 million euros, and adjusted EBITDA rose 21% to 102 million euros, a margin of 28.2%, the company said.

Analysts seated with their backs to the camera facing large screens showing charts and a dotted world map.

Betting technology led the growth

Betting Technology and Solutions revenue rose 27% to 297 million euros. The company said Betting and Gaming Content rose 37%, helped by the acquired IMG Arena rights and by more uptake from existing and new customers, including prediction market participants.

Sports Content, Technology and Services revenue rose 11% to 66 million euros, helped by a 15% rise in Marketing and Media Services. Revenue in the United States rose 47% to 98 million euros, or 27% of the company total, while revenue in the rest of the world rose 17% to 265 million euros.

A basketball game in progress in an indoor arena, with players on court and spectators in the stands.

Chief executive Carsten Koerl said the company “delivered another strong quarter of double-digit growth” and pointed to demand for its premium content, data and technology. Sports Business Journal reported that chief financial officer Craig Felenstein told analysts it was the first quarter in which Sportradar saw the benefits of its move into prediction markets, where it has deals with brokers, exchanges and market makers including Robinhood, Kalshi, Polymarket and Novig.

Workers at desks facing rows of monitors showing rising line charts in a bright office.

Outlook held, and a sale agreed

Sportradar kept its full-year outlook: revenue growth of 19% to 21% on a constant currency basis, reaching 1,518 million to 1,533 million euros, and adjusted EBITDA of 360 million to 368 million euros.

On October 7, the company agreed to sell Atrium Sports, the coaching and scouting business of Synergy Sports, to Teamworks Innovations for 170 million dollars. The sale is expected to close in the fourth quarter of 2026, subject to customary closing conditions. It also extended its EuroLeague Basketball data and audiovisual betting rights through 2031, covering more than 650 games a year.

A soccer stadium at night under floodlights, with a full crowd watching a match on a green pitch.

Reporting based on coverage by Morningstar/GlobeNewswire and Sports Business Journal.

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