Genius Sports reported third-quarter 2025 revenue of $166.3m, up 38% year on year, and raised its full-year guidance. The company now expects 2025 revenue of about $655m and adjusted EBITDA of around $136m; it also reported a quarterly net loss of $28.8m.
The updated guidance informs investors and betting-sector partners about Genius Sports’ revised 2025 financial expectations.
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Genius Sports reported group revenue of $188 million for the three months ended 31 March 2026, up 30.5% year on year. The company said its net loss rose to $55.2 million, mainly because of the Legend acquisition and foreign-currency movements. It raised its 2026 outlook to revenue of $990 million-$1.01 billion and adjusted EBITDA of $270 million-$280 million, citing the acquisition.
Genius Sports reported 2025 revenue of $669.6m, up 31% from the previous year, and said it expects revenue to exceed $1bn by the end of 2026. Chief executive Mark Locke said the company would continue investing in prediction markets, while the acquisition of sports content and media firm Legend was described as a growth driver.
Macquarie analyst Chad Beynon said stronger NFL betting margins in November and December could help DraftKings and Flutter Entertainment exceed fourth-quarter earnings expectations. Macquarie estimated full-quarter hold rates of about 12% for Flutter and 9% for DraftKings, with potential additional EBITDA of $100 million to $200 million and $50 million to $100 million, respectively. The companies were scheduled to report results on 26 February and 12 February, respectively.
Genius Sports is targeting revenue of $1.2bn for FY 2028 as it pursues prediction markets, according to the report. The company outlined a three-year plan that includes its betting arm growing faster than the market, but the available details do not specify further targets.
Genius Sports said revenue rose 20% year on year to $144 million in Q1 2025, while adjusted EBITDA increased 188% to $19.8 million. Betting technology revenue grew 44% to just over $106.5 million, while media revenue fell 27% to $25.9 million. The company maintained its 2025 forecasts of $620 million in revenue and $125 million in adjusted EBITDA.