Sportradar reports 24% growth to €363M in Q3 2026
US market and IMG ARENA rights monetization drove the quarter’s momentum
Key Takeaways
- Sportradar reported €363 million revenue in Q3 2026, a 24% year‑on‑year increase.
- US revenue rose 47% year‑on‑year, from €67 million to €98 million in the quarter.
- Net profit increased 20% to €27 million and adjusted EBITDA was €102 million, up 21%.
- The company reaffirmed 2026 guidance of constant‑currency revenue growth of 19–21% (€1.518bn–€1.533bn).
- The group agreed to divest Atrium Sports for $170 million, with closing expected before year end.
Sportradar reported third-quarter 2026 revenue up 24% year-on-year to €363 million, versus €296 million in Q3 2025. Growth was led by its United States business, where revenue rose 47% year-on-year from €67 million to €98 million.
Key financial results for the quarter
Group net income rose 20% to €27 million, while adjusted EBITDA increased 21%, from €85 million to €102 million. The [Betting Technology & Solutions](/b2b) division advanced 27% year-on-year to €297 million, driven by the commercial integration and monetization of rights acquired from IMG ARENA.
“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,” said Carsten Koerl, Chief Executive Officer of Sportradar.
Geographic and divisional breakdown
Revenue from the rest of the world rose 17% year-on-year to €265 million, representing 73% of the company’s total revenue for the quarter. The press release attributed the performance to greater fan engagement across multiple digital platforms and growth in prediction markets, noting higher demand for products and services on [sports](/sports) channels.
On the corporate front, after the quarter closed the group agreed to divest Atrium Sports for $170 million, a transaction expected to complete before year end.
Outlook for 2026 and market reaction
Sportradar reaffirmed its constant-currency revenue growth guidance for full-year 2026 of 19%–21%, equivalent to annual revenues of €1.518bn–€1.533bn. For adjusted EBITDA the company projects growth of 24%–27%, targeting between €360 million and €368 million.
Following the release, the company’s Nasdaq shares rose 5.67% to $13.60 in pre-market trading.
“Fans are engaging with sports across more platforms than ever before, expanding our addressable market and increasing demand for our products and solutions,” added Carsten Koerl.
Watchpoints
The monetization of IMG ARENA rights and commercial execution in the United States will be critical to meet the full-year guidance; the divestment of Atrium Sports is a material corporate action that could affect the asset base before year end.
Frequently Asked Questions
How much did Sportradar earn in Q3 2026?
Sportradar generated €363 million in revenue in Q3 2026, an increase of 24% compared with €296 million in Q3 2025.
What role did the US market play in these results?
The United States was the main growth driver, with revenue up 47% year‑on‑year from €67 million to €98 million in the quarter.
What was adjusted EBITDA and how did it change?
Adjusted EBITDA was €102 million in Q3 2026, a 21% increase from €85 million in the same period of 2025.
What forecasts does Sportradar keep for full‑year 2026?
Sportradar maintained guidance of 19–21% constant‑currency revenue growth for 2026 (€1.518bn–€1.533bn) and projects adjusted EBITDA of €360m–€368m.
Did the company announce any corporate transactions after the quarter?
Yes. The group agreed to sell Atrium Sports for $170 million, a transaction the company expects to close before the end of the year.
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About the author
Emilio Navarro
Industry Technology Correspondent
Emilio Navarro covers the cross-cutting technology and business of iGaming — platforms, data and AI, compliance tooling, affiliate marketing, financial results, and the stories that fit no single rubric. The reports open with the announcement, cite vendors and figures exactly as published, and keep a healthy distance from press-release language. When a supplier unveils a new engine or the advertising rulebook changes, Emilio Navarro reports what genuinely changes.
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