Sportradar Group AG has posted record-breaking second quarter results for 2025, with strong revenue growth, higher profitability, and an upgraded full-year outlook.
The global sports and esports technology company, which provides data to various betting operators, reported revenue of $370 million (€318 million) for the quarter ending on June 30, up 14% year-over-year. Profit surged to $57 million (€49 million), and adjusted EBITDA rose 31% to $74 million (€64 million), with the margin expanding to 20.1%.
Net cash from operating activities increased 14% to $113 million (€97 million), with free cash flow at $60 million (€52 million). The company also achieved a customer net retention rate of 117% and repurchased $65.5 million worth of shares during the quarter.
“Our second quarter results, including record quarterly revenue, expanding operating margins and significant cash flow reflect our sustained operating momentum and execution against our growth strategy,” Sportradar CEO Carsten Koerl said.
“Given our momentum, we are raising our full year expectations and anticipate the acquisition of IMG ARENA will further expand our capabilities, creating even greater value for our clients, partners and shareholders,” Koerl added.
Sportradar reports growth across segments along with partnerships
Revenue from Betting Technology & Solutions climbed 12% to $302 million (€259 million), driven by a 10% increase in Betting & Gaming Content and a 21% surge in Managed Betting Services. Sports Content, Technology & Services revenue jumped 22% to $68 million (€59 million), buoyed by stronger marketing, media, integrity, and performance services.
Sportradar also strengthened its partnership with the German Bundesliga, introducing advanced in-game products such as player markets, 4Sight streaming, and live match tracking. Additionally, the company secured exclusive global betting rights for all 63 matches of the FIFA Club World Cup and deployed its AI-powered Universal Fraud Detection System to safeguard the tournament.
Sportradar now expects full-year revenue of at least $1.489 billion (€1.278 billion) (16% growth) and adjusted EBITDA of at least $330 million (€284 million) (28% growth), with margin expansion of at least 210 basis points. Guidance does not yet account for the potential impact of the pending IMG ARENA acquisition.
Check out Sportradar’s full Q2 2025 report here.
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