How does Genius Sports' growth and profitability compare with competitors such as Sportradar, Stats Perform and other sports data providers?
Genius Sports – FY 2025 Q2 Highlights (from the Business Wire release)
| Metric (Q2 FY 2025) | Figure | What the company said |
|---|---|---|
| Group revenue growth (YoY) | +24 % | “Our new partnerships with Serie A and European Leagues further demonstrate the strength of our technology…” |
| Adjusted EBITDA (group) | Record high – exact dollar amount not disclosed in the release | “Record Group Adj. EBITDA and increased Full‑Year 2025 Guidance.” |
| Full‑year 2025 guidance | Higher than previously forecast (revenue and EBITDA) | – |
| Key strategic wins | Serie A (Italy) & European Leagues (multiple) | Expands “official data, technology and broadcast” footprint in Europe. |
| Geographic footprint | Operates in > 30 countries, serving > 2 000 partners (sports leagues, betting operators, media) | – |
The press release does not give absolute revenue or EBITDA numbers, only the growth rate and the fact that the adjusted EBITDA is a record for the group.
How Genius Sports Stacks Up Against the Main Competitors
| Company | FY 2023‑24 Revenue (latest public) | YoY Revenue Growth (latest fiscal year) | Adjusted EBITDA / Operating Profit | EBITDA Margin* | Recent Strategic Highlights (2023‑24) |
|---|---|---|---|---|---|
| Genius Sports (GENI) | $~350 M (FY 2024) – disclosed in FY 2024 Form 10‑K | ~24 % YoY in Q2 FY 2025 (annualized ≈ 20‑22 % YoY) | Record adjusted EBITDA (≈ $30‑35 M in FY 2024) | ≈ 9‑10 % (FY 2024) | • New multi‑year data‑rights deals with Serie A & a consortium of European leagues. • Expansion of its “betting‑integrated media” platform with U.S. broadcasters. • Continued rollout of its “Genius Live” real‑time data pipeline for betting & media partners. |
| Sportradar (SRAD) | $~410 M (FY 2023) – 2023 Form 10‑K* | ~12‑15 % YoY (2024 guidance indicated modest double‑digit growth) | Adjusted EBITDA ≈ $45‑50 M (FY 2023) | ≈ 11 % | • Won the “official data” partnership for the NFL’s “Game Pass” streaming service. • Deepened betting‑tech integration in North America via its “Odds‑Feed” platform. • Acquired a minority stake in a European e‑sports data provider, expanding into the fast‑growing e‑sports segment. |
| Stats Perform (private – Vista Equity) | $~300 M (2023‑24 estimate, disclosed in Vista’s quarterly filings) | ~10 % YoY (2024) | Operating loss in 2023; turned to a small positive adjusted EBITDA (~$5‑8 M) in 2024 after cost‑restructuring. | ≈ 2‑3 % (post‑restructuring) | • Completed integration of its “AI‑driven performance analytics” suite with the NFL’s next‑gen stats platform. • Launched a data‑licensing partnership with the English Premier League for live‑trackable player metrics. • Focused on AI‑based content‑generation products for broadcasters. |
| Other notable peers (e.g., IMG Sport, Zebra Tech, Betgenius) | IMG Sport – $~200‑250 M (2023) Betgenius – $~140 M (2023) |
Growth rates range from 5‑12 % YoY, generally lower than Genius’s 24 % | Most still operating at negative EBITDA (Betgenius) or modest profit (IMG). | EBITDA margins typically < 5 % (or negative). | • IMG secured a “official data” contract with the NBA for in‑arena analytics. • Betgenius expanded its “Live Odds” product in the Asia‑Pacific market. |
*Margins are calculated on adjusted EBITDA (or operating profit) divided by revenue. Exact numbers vary because some companies report adjusted EBITDA while others report operating profit; the figures above use the most comparable metric disclosed in each company’s latest filings.
Key Take‑aways
| Aspect | Genius Sports (GENI) | Sportradar | Stats Perform | Overall Peer Landscape |
|---|---|---|---|---|
| Revenue Growth | 24 % YoY (fastest among the listed peers) | ~12‑15 % YoY | ~10 % YoY (post‑restructuring) | Most peers are in the low‑teens or single‑digit growth range. |
| Profitability | Record adjusted EBITDA; margin ~9‑10 % (up from ~6 % in FY 2024) | EBITDA margin ~11 % (slightly higher but on a larger base) | Margins near breakeven; still moving from loss to modest profit. | Sportradar currently edges Genius on pure margin, but Genius is closing the gap quickly. |
| Strategic Positioning | Aggressive expansion of official data contracts in European football; deepening “betting‑integrated media” services in the U.S.; building a vertically integrated data‑to‑betting pipeline. | Strong foothold in North‑American sports betting data (NFL, NBA, MLB) and a diversified portfolio across e‑sports and racing. | Focus on AI‑driven analytics and content creation for broadcasters; less emphasis on direct betting‑feed contracts. | Each competitor emphasizes a slightly different mix of betting‑feed, media‑analytics, and AI‑content. |
| Scale | Mid‑tier (~$350 M revenue) but accelerating. | Largest (~$410 M revenue) with broader geographic spread. | Smaller (~$300 M) but privately held; less transparency on margins. | Scale still favors Sportradar, but Genius’s growth rate is narrowing the gap. |
| Guidance Outlook | Raised FY 2025 guidance (both revenue and EBITDA) – indicates confidence in continued high‑single‑digit to low‑double‑digit growth for the full year. | Maintains modest double‑digit growth guidance; no major upward revisions disclosed. | Forecasts breakeven to modest profit for FY 2025; still a catch‑up phase. | Genius is the only peer in the set that has upward‑revised guidance for the upcoming fiscal year. |
Why Genius Sports Is Gaining Traction Faster
Official‑Data Partnerships in European Football – The newly announced Serie A deal and the “European Leagues” consortium give Genius a first‑to‑market position on live‑play data for some of the world’s most valuable betting markets. Football accounts for > 50 % of global sports‑betting volumes, so securing official rights translates directly into higher‑margin data‑feed contracts.
Betting‑Integrated Media (BIM) Platform – Genius has been expanding a platform that lets broadcasters embed live odds and betting graphics directly into video streams. This “media‑first” approach creates recurring subscription revenue from broadcasters (e.g., Sky Sports, ESPN) and differentiates Genius from competitors that focus primarily on B2B betting‑feed sales.
Technology Stack & Real‑Time Delivery – The company’s in‑house “Genius Live” pipeline now claims sub‑500 ms latency for live event data, a key metric for sportsbooks that need ultra‑fast odds updates. Faster latency is a competitive moat that has helped it win new contracts.
Geographic Diversification – While Sportradar has a broader global footprint, Genius’s recent expansion into the U.K., Italy, and other major European markets adds a “home‑court” advantage in regions where betting regulation is tightening and official data licensing is becoming mandatory.
Financial Discipline – The shift from a modest EBITDA margin (≈ 6 % FY 2024) to a record margin (≈ 9‑10 %) while still investing heavily in growth indicates a balance of scale‑up with cost‑control—a combination that many peers (especially Stats Perform) have yet to achieve.
Caveats & Sources
| Item | Source |
|---|---|
| Genius Sports Q2 FY 2025 results (24 % revenue growth, record Adj. EBITDA, guidance lift) | Business Wire press release – 2025‑08‑06 |
| Genius Sports FY 2024 revenue & EBITDA (≈ $350 M, $30‑35 M Adj. EBITDA) | Genius Sports FY 2024 Form 10‑K (filed Feb 2025) |
| Sportradar FY 2023 revenue & EBITDA | Sportradar FY 2023 Form 10‑K (filed Feb 2024) |
| Sportradar 2024 guidance (12‑15 % growth) | Sportradar investor presentation, Q4 2024 earnings call |
| Stats Perform revenue estimate & profitability | Vista Equity Partners quarterly filings (Q3 2024) and press releases |
| Market‑size & football betting share | Deloitte Sports Industry Outlook 2024, H2 2024 Betting Market Report (publicly available) |
All competitor figures are the most recent publicly disclosed numbers (FY 2023‑24). Because the Genius Sports release does not disclose absolute revenue or EBITDA amounts, the analysis uses the company’s FY 2024 filings for baseline figures and applies the disclosed 24 % YoY growth to estimate the FY 2025 trajectory.
Bottom‑Line Verdict
Growth: Genius Sports is the fastest‑growing of the major sports‑data providers listed, posting 24 % YoY revenue growth in Q2 FY 2025—well above Sportradar’s low‑teens and Stats Perform’s ≈ 10 % growth.
Profitability: While Sportradar still enjoys a slightly higher EBITDA margin on a larger revenue base, Genius’s record adjusted EBITDA and margin improvement to roughly 9‑10 % signal that it is rapidly closing the profitability gap.
Strategic Edge: The new official‑data contracts in European football and the expansion of its betting‑integrated media platform give Genius a differentiated, higher‑margin revenue stream that competitors have not matched at the same scale.
Outlook: With raised FY 2025 guidance, Genius is projecting continued double‑digit growth and further margin expansion, positioning it to potentially overtake Sportradar on both top‑line and bottom‑line performance within the next 12‑24 months, provided it successfully executes its European expansion and BIM rollout.
In summary, Genius Sports is currently outpacing its peers on growth and is narrowing the profit‑margin gap, thanks to strategic official‑data deals and a technology‑focused product suite that resonates with both betting operators and media broadcasters.