Genius Sports raised its 2025 guidance Wednesday after second-quarter results showed strong momentum in its sports betting technology business along with a wave of rights deals that executives say will boost profits without significantly raising costs.
Genius Sports posted $118.7 million in revenue for Q2 2025, up 24% year-over-year, and $34.2 million in adjusted EBITDA, a 64% increase from the same period last year and the highest quarterly EBITDA margin in company history at 28.8%.
Betting technology, the data and media firm’s largest and fastest-growing business unit, generated $87.5 million in revenue, up 30% year-over-year. Management attributed the success to increased sports betting volume, expanded services and pricing gains from contract renewals.
