Sportradar announced its Q2 2025 financial results, achieving a record-breaking revenue of €318 million, a 14% increase year-over-year, with significant improvements in net profit and adjusted EBITDA, boosting its full-year financial outlook.

Q2 revenue set a new historical high for the company, with overall revenue in the first half of the year also growing by 12% year-over-year, and both operating profit and EBITDA rising. The company now expects total revenue for the fiscal year 2025 to reach at least €1.28 billion, with adjusted EBITDA increasing to €284 million, a 28% growth from the previous year.

In Q2, Sportradar's revenue in the US market reached €87.97 million, a sharp increase of 30% year-over-year; other global markets contributed €229.8 million, up 9% year-over-year. By business division, the gaming technology and solutions sector generated €258.8 million in revenue, up 12%, with gaming content as the main source, contributing €199.6 million, a 10% increase year-over-year; managed services revenue reached €59.2 million, with a growth rate of 21%.

Financially, net income turned from a loss of €293,000 in the same period last year to a profit of €61.5 million this year; profit rose from a loss of €1.5 million last year to €49.1 million. EBITDA grew by 26.6%, reaching €63.8 million, with a profit margin of 20.1%.

In the first half of 2025, overall revenue grew by 16% year-over-year, reaching €629 million, with the gaming services business contributing €508.8 million, and gaming content accounting for €393.4 million, up 12% year-over-year. The US market performed well in the first half of the year, with revenue soaring by 31% to €174.1 million, while other markets contributed €454.95 million.

Net income increased by 133.8% year-over-year, reaching €90.8 million, with profit turning from a loss of €2.2 million last year to €73.4 million. EBITDA for the first half reached €122.8 million, a growth of 24.5%.

This quarter, Sportradar extended its AI-supported Alpha Odds to the cricket sector, offering customers up to 400 in-play betting options and 200 pre-match betting markets. In May, the company signed a data-sharing agreement with the Brazilian Ministry of Sports and announced a partnership with Dazn to host the 2025 FIFA Club World Cup.

In the first quarter, Sportradar also announced the acquisition of IMG Arena, which is currently under review by the UK's Competition and Markets Authority.

CEO Carsten Koerl stated, "Record revenues and strong cash flow indicate our strategy is robustly executed, and our leading technology and AI product portfolio are driving continuous growth for our clients. We remain optimistic about the full-year performance and look forward to the integration of IMG Arena bringing greater value to our clients and shareholders."