Sportradar (SRAD) Q3 2026 Earnings
IFRS diluted profit per Class A share; quarter includes a €6,387 thousand foreign currency loss, €4,488 thousand restructuring costs, €2,808 thousand impairment charges, €1,521 thousand non-routine litigation costs and €1,526 thousand transaction-related costs
How Did SRAD Stock React to Q3 2026 Earnings?
Did SRAD Beat Earnings? Q3 2026 Results
Yes. Sportradar reported Q3 2026 earnings of $0.10 a share on Nov 3, 2026, beating the $0.10 consensus estimate by 0.7%. Revenue was $405.5M against a $358.3M estimate.
Sportradar Group AG delivered a strong third quarter of fiscal 2026, beating analyst expectations on both the top and bottom lines as its expansion into prediction markets and the integration of IMG ARENA fueled accelerating growth. Revenue climbed 24.1% year over year to $405.53 million, well ahead of the $358.27 million consensus, a 13.19% beat driven in large part by a 37% surge in Betting and Gaming Content. GAAP diluted EPS of $0.10, which includes a $6.71 million foreign currency loss, $5.02 million in restructuring costs, $3.14 million in impairment charges, and smaller litigation and transaction-related items, edged past the $0.10 consensus estimate by 0.70%. U.S. revenue rose 47% and expanded to 27% of total company revenue, reflecting robust prediction market adoption and premium content uptake. Adjusted EBITDA grew 21% to $114.32 million. Looking ahead, management reiterated its full-year 2026 guidance for constant-currency revenue growth of 19% to 21%, reaching $1.70 billion to $1.71 billion, alongside adjusted EBITDA of $402.72 million to $411.67 million and free cash flow conversion above last year's 56% level.
- IMG ARENA acquisition and rights monetization drove a 37% increase in Betting & Gaming Content
- Uptake by prediction market participants and new and existing customers
- Higher affiliate marketing spending from sportsbook and prediction market customers lifted Marketing & Media Services 15%
- U.S. revenue up 47% on market expansion, prediction market growth and premium content uptake
- Lower adjusted personnel costs supported Adjusted EBITDA growth
- Lower trading margins from unfavorable sport outcomes weighed on Managed Betting Services
- Higher sport rights costs tied to IMG ARENA pressured Adjusted EBITDA margin (28.2% vs 29.0%)
“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.”
Sportradar CEO, on the earnings call
What Is Sportradar's Outlook?
Sportradar reiterated its fiscal 2026 outlook: - Revenue growth of 19% to 21% on a constant currency basis, or €1,518 million to €1,533 million at current foreign currency rates. - Adjusted EBITDA growth of 24% to 27% on a constant currency basis, or €360 million to €368 million. - Adjusted EBITDA margin expansion of approximately 70 to 100 basis points on a reported basis. - Free cash flow conversion above the 2025 level of 56%, excluding non-routine litigation costs. The guidance excludes any impact from the anticipated Atrium Sports divestiture and will be updated after closing if necessary.
SRAD YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $405.5M | $326.7M | +24.1% |
| Net Income | $30.2M | $25.1M | +20.3% |
SRAD Revenue by Segment
SRAD Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.