← Back to Newsroom

Sportradar profit swings to loss in second quarter

Monday, August 3, 2026 12:06 PM
Photo: Sportradar (courtesy)
  • David McKee, COMPLETE iGAMING

Sportradar recorded a loss of €3.5 million (US$4 million) in the second quarter, marking a reversal of a €49.1 million (US$56.6 million) profit seen in 2025’s second quarter and a miss of earnings projections.

The turnabout came despite an 18.9% increase in revenue. The company’s Betting Technology & Solutions division saw revenues rise 21.2% to €313.6 million (US$362 million). Its Sports Content, Technology & Services division was up 8.8% to €64.2 million (US$74.0 million). Cash flow grew from €64 million (US$74 million) to €76 million (US$88 million), a 19% surge.

However, sports-rights expenses shot up 29.7%, consuming €137.8 million (US$159 million).