Genius Sports has declared some solid financial returns in its figures published for the second quarter of this year.
The data, technology and broadcast operator reported a 24% group revenue growth for Q2 2025, posting $118.7 million, up from the $95.4 million recorded during the same period last year.
The bulk of that revenue was earned by the Betting segment which generated $87.5 million, a 30% increase on Q2 2024.
Genius Sports’ betting partners include over 300 brands such as bet365 and William Hill, two of the biggest UK betting sites, and they provide streams from over 240,000 live sports events every year.
The group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 64% to $34.2 million.
Reasons Behind A $53.9m Net Loss
Despite that success, the company also reported a group net loss of $53.9 million for the second quarter, a $32.2 million deterioration compared to Q2 2024 which disclosed a $21.8 million loss.
This was attributed to “a non-recurring increase in stock-based compensation related to one-time equity awards issued to management and employees as well as warrants issued to the NFL, pursuant to the extended License Agreement.”
In June the NFL announced that it had a agreed a multi-year extension and expansion of its strategic technology partnership with Genius Sports, which will now run through the 2027 season.
At the start of this month there were further positive steps as Genius Sports penned an exclusive data rights deal with European football leagues.
The firm is already one year into a four-year contract to be the English Premier League’s data supplier and the new deal with the European League Association will see it collect, process and distribute official data for sports betting apps from over 8,000 matches per season across 46 men’s and women’s competitions.
“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,” said Mark Locke, CEO and co-founder.
“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”
Genius Sports Q2 2025 Revenue
The $118.7 million total revenue generated owed a lot to the contribution from the Betting Technology, Content & Services segment.
The division’s $87.5 million revenue was gained through higher betting volumes, an increase in contract pricing and the expansion of product value.
There was a further $18.6 million from the Media Technology, Content & Services segment, which gained a modest 4% increase.
The Sports Technology, Content & Services division weighed in with $12.6 million, a 22% rise in revenue year-over-year.
The firm’s year-to-date results also paint a positive trend.
Revenue generated for the first half of 2025 amounted to $262.7m, a 22% increase on the same period last year, while adjusted EBITDA has nearly doubled, reaching $53.9m.
Jim Munro is a betting industry and gambling expert who has been a national newspaper journalist for over 30 years, predominantly at The Sunday Times and The Sun, where he wrote a weekly soccer betting column. Jim also worked on the launch of Virgin Bet with Gamesys and was subsequently head of editorial at LiveScore, the sports media and betting group.
