Genius Sports has raised its full-year group revenue guidance for 2026 to $1.01 billion – $1.03 billion, increasing its expected adjusted EBITDA guidance to $287 million – $297 million amongst strong third-quarter results.
According to its results release on Thursday, group revenue for the third quarter amounted to US$270 million, up by 62% yearly.
Genius Sports also recorded Group Free Cash Flow of $54 million, representing 61% conversion, and Unlevered Free Cash Flow of $69 million, representing 80% conversion.
Speaking of the results, Genius Sports Founder and CEO Mark Locke noted that “Our predictable Betting business, expanding Media capabilities and growing opportunities in prediction markets position us to capture greater value from the data, technology and infrastructure we have spent 25 years building.
