Genius Sports’ Q2 Net Loss Offsets Double-Digit Revenue Growth

Genius Sports Limited, a company that powers sports, betting and media businesses with data, technology and broadcast services, has published its financial results for the second quarter of 2025. The company reported a double-digit increase in revenue and unveiled its outlook for the year.

The Company’s Strong Revenues Were Offset by Net Loss of $53.9M

In Q2, Genius Sports’ group revenue increased by 24% to $118.7 million. The Betting Technology. Content & Services segment, meanwhile, saw its revenues increase 30% year-on-year to $87.5 million, thanks to an increase in the betting volume, price of contract renewals and renegotiations of existing agreements. The Media Technology, Content & Services division, on the other hand, experienced an increase of 4% to $18.6 million. The Sports Technology & Services segment’s revenue, meanwhile, reached $12.6 million, up 22% YOY.

Despite the favorable revenue, the group’s net loss increased to $53.9 million in Q2 2025 from $21.8 million in Q2 2024. Genius Sports attributed this deterioration to “non-recurring increase in stock-based compensation related to one-time equity awards issued to management and employees as well as warrants issued to the NFL, pursuant to the extended License Agreement.”

In the meantime, Genius Sports’ group adjusted EBITDA reached $34.2 million, up 64% YOY, reflecting 700 basic points of margin expansion.

The company published an update on its revenue and EBITDA forecasts for the year, saying that it expects them to reach $645 million and $135 million, respectively. These figures imply revenue and adjusted EBITDA growth of 26% and 57%, respectively.

Genius Sports Seeks to Maintain Its Momentum

In the second quarter of the year, Genius Sports was added to the broad-market Russell 3000 Index. In addition to that, the company formed a strategic Super Bowl agreement with the NFL, as well as a partnership with TV measurement company iSpot.

At the beginning of Q3, Genius Sports secured exclusive official data and streaming rights with Serie A, formed new betting data rights partnership with the European Leagues Association, unveiled a new partnership with PMG, and launched a new partnership with Belgian Pro Leagues.

The company also showcased its GeniusIQ technology for the FIBA U19 Basketball World Cup.

Mark Locke, the company’s co-founder and CEO, praised the new partnerships and the strong business momentum.

The strong momentum and new commercial successes across Betting, Media and Sports underpin our increased full-year 2025 guidance.

Mark Locke, co-founder & CEO, Genius Sports

Genius Sports Appoints New CFO

In the meantime, Genius Sports announced the appointment of a new chief financial officer. Effective October 1, 2025, the appointment will see the experienced financial specialist Bryan Castellani step into the role.

A former member of ESPN, The Walt Disney Company, and Warner Music Group, Castellani boasts deep financial expertise and leadership skills that are poised to improve Genius Sports’ profitability.