Genius Sports announced Tuesday it generated a $144 million group revenue during 2025’s first quarter, led by a 44% profit increase from the data, technology, and media company’s sports betting segment.
Sports betting technology, content, and services created $106.5 million of the quarter’s total revenue. That’s up from $73.8 million in sports betting income in Q1 2024 and helped group revenue rise 20% overall.
Genius Sports cited “business growth with existing customers as a result of price increases on contract renewals and renovations ” as the primary reason for the segment’s growth during the period ending March 31.
Overall, the company’s Q1 Adjusted EBITDA jumped 187.5% from the previous year to $19.8 million, an 800 basis point margin expansion to 13.7%.
