Sportradar has reported its highest-ever quarterly revenue in Q2 2025, reaching €317.79 million ($366.84 million) — a 14% increase year-on-year. Net profit rose sharply to €49 million ($56.56 million), more than doubling the previous quarter’s €24 million and marking a clear turnaround from the €2 million loss recorded in Q2 2024.
Betting Technology and Global Markets Drive Growth
The company’s Betting Technology & Solutions segment remained its biggest revenue source, contributing €258.76 million ($298.7 million). Within this, Betting & Gaming Content brought in €199.58 million ($230.4 million) — a 10% increase — while Managed Betting Services surged 21% to €59.18 million ($68.32 million).
Meanwhile, revenue from Sports Content, Technology & Services jumped 22% to €59.02 million ($68.13 million). Integrity Services was the standout performer in this category, nearly doubling to €5.8 million ($6.7 million).
Although the U.S. market showed strong momentum with a 30% rise in revenue, Sportradar still derived the bulk of its income from outside the U.S. — €229.82 million ($265.3 million), up 9% from last year.
Strong Outlook for FY2025
Thanks to strong performance across multiple regions and segments, Sportradar has raised its full-year revenue forecast to at least €1.27 billion ($1.47 billion) — representing a 16% increase. It also expects adjusted EBITDA to grow 28% to €284 million ($327.84 million).
IMG ARENA Deal Still Pending
The company’s revised forecast doesn’t yet include the impact of its pending acquisition of IMG ARENA, which would bring global rights to events like Wimbledon, PGA Tour, and MLS. The deal, expected to close in Q4 2025, is currently under regulatory review due to antitrust concerns.
