Genius Sports has released its Q3 report, outlining double-digit revenue growth and leading to a raise of the company’s full-year guidance. The growth was driven by the strong performance of the Media division.

The Company Had a Favorable Quarter

In its official report, Genius Sports highlighted group revenue of $166.3 million, up 38% year-on-year. As mentioned, the growth was driven by a staggering 89% increase in the revenue of Genius Sports’ Media Technology, Content and Services division to $41.8 million.

The Betting Technology, Content and Services division, on the other hand, experienced a 28.5% increase in revenue to $110 million. The company’s Sports Technology and Services arm, meanwhile, reported revenue of $14.5 million, up 16.4% year-on-year.

Despite the increase in revenue, Genius Sports reported group net loss of $28.8 million. The company attributed this to a $7.5 million loss on foreign currency, as well as the timing of new data rights agreements and non-recurring litigation costs.

The group’s adjusted EBITDA, on the other hand, experienced a 32% increase to $34 million.

As a result of the favorable quarterly results, Genius Sports raised its guidance. The company now expects to record $655 million in group revenue for 2025, as well as adjusted EBITDA of roughly $136 million. These figures imply growth of 28% and 59%, respectively.

Genius Sports added that it expects to generate positive annual cash flow for the full year.  

Genius Sports Solidified Its Presence in Sports

Genius Sports’ Q3 highlights included the acquisition of sports data leader Sports Innovation Lab, as well as an expansion of the agreements with Hard Rock Bet Sportsbook and ESPN BET. Another noteworthy arrangement was a partnership with the PMG agency, which represents several leading brands.

Genius Sports also secured multi-year sports betting data rights for a select group of competitions within European Leagues.

Another important milestone was the launch of a BetVision product for basketball competitions. Speaking of BetVision, the company secured exclusive official data and streaming rights with Serie A through 2029 to enhance BetVision.

In Q3, Genius Sports also delivered augmented advertising content for Shopify, NBA 2K and Point3 on FanDuel Sports Network’s broadcasts.

CEO Locke Says the Report Highlights His Company’s Unique Abilities

Mark Locke, Genius Sports’ co-founder and chief executive officer, commented on the company’s results, saying that Q3 reflected his company’s “unique ability to combine sports data with audience intelligence to deliver personalized fan experiences at scale.”

He added: “We’re extending our leadership in online sports betting and sports advertising through richer content, rapid product adoption, and strong commercial momentum, driving continued growth and long-term value for our partners.”