Sportradar has reported 24% year-on-year revenue growth in Q3 2026 as the figure reached €363m (Q3 2025: €296m).
Growth was driven by the firm’s operations in its home market of the US, where revenue surged 47% YoY from €67m to €98m.
Sportradar’s profit rose 20% to €27m as adjusted EBITDA went up 21% YoY from €85m to €102m.
“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.
“Our performance was driven by strong demand for our premium content portfolio, deep data and innovative technology solutions, including further monetisation of the acquired IMG ARENA rights and significant contributions from across the prediction markets landscape.”
Rest of the World revenue for Sportradar grew 17% YoY to €265m, representing 73% of total company revenue.
The results come from a quarter in which the business further integrated and monetised the recently-acquired IMG ARENA sports rights, which helped to drive 27% YoY growth in Sportradar’s Betting Technology & Solutions division to €297m.
Shortly after the end of Q3, the group agreed the $170m divestment of Atrium Sports, which is expected to close before the end of the year.
Koerl has attributed the growth to wider fan engagement with sports as the company continues to capitalise on this as well as the burgeoning prediction markets sector.
Sportradar’s 2026 remains on track
The Nasdaq-listed business expects constant currency revenue growth between 19-21% for the full year – equating to €1.518bn-€1.533bn.
The firm is still on target to experience adjusted EBITDA growth of between 24-27% (€360m-€368m).
At the time of writing (1:00pm GMT), Sportradar shares are up by 5.67% to $13.60 in pre-market trading.
Koerl added: “Fans are engaging with sports across more platforms than ever before, expanding our addressable market and increasing demand for our products and solutions.
“As we capitalise on these new opportunities, further leveraging our existing portfolio, we remain focused on innovation and execution to drive additional value for our partners and clients and deliver durable growth and expanding profitability for our shareholders.”
