Sportradar has announced a 14% year-over-year revenue increase in its report for the second quarter of 2025.
The Swiss-based sports technology heavyweight has partnerships with 400 leagues and federations including the NBA, UEFA, NASCAR and Major League Baseball.
Among its clients are some of the world’s leading sports betting sites, such as bet365, FanDuel, William Hill and DraftKings.
Total revenue for Q2 2025 was €317.8 million ($367.1 million), a 14% improvement on the same period last year.
That was a significant rise as it produced a profit of €49.1 million, comparing favourably to Q2 2024 which recorded a €1.5m loss.
It has already been a busy year for the sports tech giant, with the announcement in March that it had reached an agreement to acquire IMG Arena and its portfolio of global sports betting rights.
In May it launched live streaming events on FanDuel’s mobile sports betting app, allowing US bettors to watch tennis and European football with live, updating odds.
Sportradar Q2 2025 Report In Detail
Betting and gaming content drove strong revenue figures for the quarter.
Overall, betting technology and solutions services generated €258.8 million for Q2 2025, a year-over-year increase of €28.7 million, a 12% hike.
The bulk of that revenue came from betting and gaming content, which contributed €199.6 million (a 10% rise) to the total recorded, while the remaining €59.2 million was attributed to managed betting services, which saw a 21% increase.
Sports content, technology and services accounted for the remaining €59 million revenue generated for the quarter, a 22% increase.
The firm’s revenue from the US was €88 million, a 30% year-over-year improvement, while revenue from the rest of the world was €229.8 million, a 9% bump up.
Sportradar has now adjusted its revenue expectations for 2025 and is looking to generate at least €1.28 billion for the full year, which would amount to a 16% year-over-year increase.
Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation) is projected to reach at least €284m, which would represent 28% growth year-over-year.
Carsten Koerl, Sportradar CEO, said: “Our second quarter results, including record quarterly revenue, expanding operating margins and significant cash flow reflect our sustained operating momentum and execution against our growth strategy.
“Looking ahead, given our momentum we are raising our full year expectations and anticipate the acquisition of IMG ARENA will further expand our capabilities, creating even greater value for our clients, partners and shareholders.”
Deals With The Bundesliga And FIFA Club World Cup
At the start of this year Sportradar extended and enhanced its football data rights partnership with the Bundesliga in Germany.
The firm announced in February that the agreement, which had been due to expire at the end of the 2025-26 season, will now run through to 2031-32.
That new arrangement also gives Sportradar the authority to sublicense video content from the top two divisions of German football, making it the official provider of betting and streaming rights for the Bundesliga and Bundesliga 2 outside of the DACH region (Germany, Austria and Switzerland).
Over the summer, Sportradar secured a partnership with the DAZN Group to acquire the betting data rights for the FIFA Club World Cup, played in the United States.
That saw Sportradar deliver data including betting odds from all 63 games during June and July to its global network of sportsbook clients, as well as becoming a non-exclusive distributor of media content.