Genius Sports raises 2026 revenue outlook after Legend acquisition
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.
The revised forecast gives investors updated revenue and EBITDA expectations following the Legend acquisition.