Genius Sports Beats Q3 Guidance and Raises 2026 Outlook

London and New York - Genius Sports Limited (NYSE:GENI), a leader in real-time sports data and AI-powered technology, has reported strong financial results for its fiscal third quarter ended September 30, 2026. The company notably surpassed its previous guidance and announced an increase in its full-year revenue and EBITDA expectations, driven by substantial growth in both its betting and media segments.

The company achieved its first-ever quarter of positive operating income, a major milestone in its growth strategy. The business model has demonstrated significant cash-generating capabilities, with the firm delivering solid free cash flow metrics. Management highlighted that the combined scale of the business, particularly following the integration of recent acquisitions, is creating sustainable commercial value.

Financial Highlights

• Group Revenue reached 270 million USD, marking a 62 percent year-over-year increase, exceeding the guidance of 260 million USD.
• Group Adjusted EBITDA rose to 87 million USD, surpassing the guidance of 85 million USD.
• The company achieved 54 million USD in free cash flow, representing a 61 percent conversion rate.
• Operating income reached 10 million USD, representing a 36 million USD improvement year-over-year.
• Raised full-year 2026 revenue guidance to a range of 1.015 billion to 1.035 billion USD and Adjusted EBITDA guidance to 287 million to 297 million USD.

Business and Operational Updates

• Genius Sports expanded its infrastructure into the prediction markets category through partnerships with Polymarket and Kalshi, while launching its own platform, Prediction.com.
• The company implemented new technological solutions, including Semi-Automated Offside Technology (SAOT) for major football organizations.
• Strategic content and media partnerships were established with high-profile entities, including a collaboration with athlete Chris Paul and enhanced live broadcast features for Liga MX.