Genius Sports Reports 38% Revenue Growth Despite Net Loss in Q3 2025
Genius Sports reported strong top-line growth for the third fiscal quarter ending September 30, 2025 (Q3 2025). The company’s Group Revenue increased by 38% year-over-year to $166.3 million. Group Adjusted EBITDA also saw a significant rise, increasing by 32% to $34.0 million. However, the quarter was marked by a substantial Net Loss of ($28.8 million), a sharp reversal from the net income recorded in the prior year.
Key Group Financial Performance
The $41.3 million difference between Q3 2025’s net loss and Q3 2024’s net income was primarily caused by non-operational factors. These factors included a $7.5 million foreign currency exchange loss (compared to a $21.1 million gain in the prior year) and costs related to new data rights agreements and one-time litigation expenses.
Genius Sports co-founder and CEO Mark Locke noted the growth reflects the firm’s “unique ability to connect sports data with audience intelligence to deliver personalized fan experiences at scale.”
Segmental Revenue Drivers
All three of Genius Sports’ operating segments delivered strong double-digit growth, driven by key product expansions:
- Betting Technology, Content & Services: Revenue grew by 28% to $110.0 million. This increase was driven by business growth with existing clients, including price hikes from contract renewals, the expansion of value-added services, and customer acquisition in new and existing markets.
- Media Technology, Content & Services: This segment recorded the highest growth, surging 89% year-over-year to $41.8 million. The primary driver was increased revenue from programmatic advertising services.
- Sports Technology & Services: Revenue rose by 16% to $14.5 million. This growth was mainly due to increased sales of products built on the company’s GeniusIQ technology.
Business Strategy and Outlook
The quarter was defined by strategic moves to secure content and strengthen the firm’s fan activation platform. Key non-financial highlights included:
- Acquisition: Genius Sports acquired Sports Innovation Lab, a sports fan data leader, to enhance its fan activation technology platform.
- Content Rights: The company secured exclusive official data and streaming rights for Italy’s Serie A football league through 2029. It also secured multi-year exclusive data rights for selected European Leagues competitions.
- Partnerships: The company expanded its partnerships with major US sportsbooks, including Hard Rock Bet Sportsbook and ESPN BET, to provide official data, live trading, and the BetVision product, which integrates streaming with live betting data.
Based on the strong Q3 performance, Genius Sports has raised its full-year 2025 financial guidance. It now projects Group Revenue of $655 million (28% year-over-year growth) and Group Adjusted EBITDA of $136 million (59% year-over-year growth). The company also expects to generate positive annual cash flow for the full year 2025.
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