Q1 26 EPS
$-0.02
MISS 140.00%
Est. $0.05
Q1 26 Revenue
$346.5M
MISS 4.19%
Est. $361.7M
vs S&P Since Q1 26
+4.3%
BEATING MARKET
SRAD +10.4% vs S&P +6.1%
Market Reaction
Did SRAD Beat Earnings? Q1 2026 Results
Sportradar Group AG delivered a disappointing first quarter of 2026, missing on both the top and bottom lines as a sharp swing in foreign currency losses overwhelmed otherwise solid operating momentum. The Swiss sports data company posted revenue of … Read more Sportradar Group AG delivered a disappointing first quarter of 2026, missing on both the top and bottom lines as a sharp swing in foreign currency losses overwhelmed otherwise solid operating momentum. The Swiss sports data company posted revenue of $346.52 million, up 11.3% year over year but falling 4.19% short of the $361.66 million consensus estimate, while its loss per share of $0.02 came in well below the $0.05 profit analysts had expected, a 140.00% miss. The culprit was a $9.28 million foreign currency loss tied to unrealized fluctuations on U.S. Dollar-denominated sports rights, compared to a $27.52 million gain in the prior-year period, which flipped the company to a net loss of $6.29 million from net income of $24.34 million a year ago. Betting and Gaming Content remained the operational bright spot, growing 20% to $232.24 million, and adjusted EBITDA rose 12% to $66.01 million. The results arrive as the company faces a securities fraud investigation following research reports alleging exposure to illegal gambling markets. Sportradar maintained its full-year 2026 guidance, targeting reported revenues of $1.56 billion to $1.58 billion.
Key Takeaways
- • IMG ARENA acquisition contributions driving Betting & Gaming Content growth
- • Uptake of content and products by existing customers
- • U.S. market growth in sports betting
- • Customer Net Retention Rate of 108% excluding IMG contributions
- • Adjusted EBITDA margin expansion to 19.0% from 18.9%
- • Integrity Services revenue surged 81% year-over-year
SRAD Forward Guidance & Outlook
Sportradar reiterated its fiscal 2026 full-year outlook: constant-currency revenue growth of 23% to 25%, with reported revenues expected to range from €1,557 million to €1,582 million at current FX rates; constant-currency Adjusted EBITDA growth of 34% to 37%, with reported Adjusted EBITDA expected at €390 million to €400 million; Adjusted EBITDA margin expansion of approximately 200 to 225 basis points; and free cash flow conversion rate expected to exceed the 2025 level of 56%.
SRAD YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
SRAD Revenue by Segment
With YoY comparisons, source: SEC Filings
SRAD Revenue by Geography
With YoY comparisons, source: SEC Filings
“Sportradar's first quarter growth reflects our premier position as the scaled leader in the expanding global sports data ecosystem. We continue to deepen our relationships across our expansive distribution network, providing additional content, products and services to our sportsbook, media and technology clients.”
— Carsten Koerl, Q1 2026 Earnings Press Release
SRAD Earnings Trends
SRAD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SRAD EPS Trend
Earnings per share: estimate vs actual
SRAD Revenue Trend
Quarterly revenue: estimate vs actual
SRAD Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $0.05 | $-0.02 | -140.00% | $346.5M | -4.19% |
| Q4 25 MISS FY | $0.10 | $0.01 | -89.63% | $368.9M | -0.19% |
| FY Full Year | $0.44 | $0.34 | -22.45% | $1.29B | -0.05% |
| Q3 25 BEAT | $0.07 | $0.07 | +1.89% | $292.1M | -0.95% |
| Q2 25 BEAT | $0.03 | $0.17 | +466.67% | $317.8M | +0.73% |
| Q1 25 BEAT | $0.05 | $0.07 | +47.99% | — | — |