Sportradar recorded a net loss of €4m for the second quarter of 2026, reversing the €49m profit achieved during the same period last year. The sports technology firm attributed the financial swing to "unrealised currency fluctuations" associated with US dollar-denominated sports rights.
Despite the net loss, the company maintained positive operational metrics. Total revenue reached €378m, marking a 19% year-on-year increase, while adjusted EBITDA rose by the same percentage to €76m. The financial report notes that strong operating results were offset by a €9m foreign currency loss, compared to a €54m gain in Q2 2025. Additional deductions included severance costs and reduced income taxes.
Divisional and Regional Performance
Growth was distributed across key business units. The Betting Technology and Solutions division generated €313.6m, up 21%, while the Sports Content, Technology and Services arm contributed €64.2m, a 9% rise. Betting and Gaming Content saw a 27% increase, driven by the integration of IMG Arena and new customer agreements.
Regionally, revenue outside the United States grew 20% to €276m, whereas US revenue climbed 16% to €101.8m.
The company noted that Managed Betting Services revenues remained stable, as higher trading margins compensated for lower platform revenues. Recent strategic moves include a partnership with prediction markets operator Kalshi and the launch of Playradar, the company's igaming arm.