Genius Sports has released its Q2 2025 financial results, showcasing strong year-over-year growth, a record-breaking adjusted EBITDA, and an upward revision of its full-year outlook.
For the quarter ending June 30, 2025, the company posted $118.7 million in group revenue, up 24% compared to Q2 2024. This surge was primarily fueled by a 30% year-on-year increase in the Betting Technology, Content & Services division, which brought in $87.5 million. The growth was driven by higher betting activity, renegotiated contracts, and an expanded offering of value-added services.
The Media Technology, Content & Services segment saw more modest progress, rising 3.6% to $18.6 million due to stronger demand for programmatic advertising. Meanwhile, the Sports Technology & Services unit grew by 21.5%, generating $12.6 million in revenue on the back of higher sales of GeniusIQ-powered solutions.
Despite the revenue gains, Genius Sports reported a net loss of $53.9 million—up from $21.8 million a year earlier, largely due to one-off expenses tied to stock-based compensation and warrants related to executive incentives and the NFL partnership.
However, adjusted EBITDA jumped 64% year-over-year to $34.2 million, lifting the company’s EBITDA margin by 700 basis points to 28.8%.
The company’s year-to-date figures further underscored its positive momentum, with first-half 2025 revenue rising 22% to $262.7 million and adjusted EBITDA nearly doubling to $53.9 million. Following this performance, Genius Sports raised its full-year guidance to $645 million in revenue and $135 million in adjusted EBITDA, implying respective year-over-year increases of 26% and 57%. If realized, the company’s EBITDA margin would improve by over 400 basis points to reach 21%.
Mark Locke, CEO of Genius Sports, mentioned:
Our new partnerships with Serie A and European Leagues further demonstrate the strength of our technology and how it is fundamentally transforming the traditional rights model.
Additionally, our extended and expanded partnership with the NFL reinforces our confidence in the long-term model, paving the way for continued margin expansion and cash flow growth for the foreseeable future.
The strong momentum and new commercial successes across Betting, Media and Sports underpin our increased full-year 2025 guidance.
Among its recent milestones, Genius Sports secured exclusive official data and streaming rights for Italy’s Serie A through 2029 and signed a multi-year agreement with the European Leagues Association, covering over 8,000 matches across 46 competitions.
These partnerships are designed to strengthen the company’s BetVision and GeniusIQ offerings by integrating live data, video, and AI-driven analytics for sportsbooks, broadcasters, and sports teams.
Other notable updates include a new collaboration with TV analytics provider iSpot, a strategic alliance with PMG, and the implementation of semi-automated officiating systems in Belgian football.
Looking ahead, Genius Sports has named Bryan Castellani as its new Chief Financial Officer, effective October 1, 2025. Castellani brings a wealth of financial and media expertise from previous leadership roles at ESPN, Disney, and Warner Music Group.
