NewsCompanyInvestor NewsPress Releases

Genius Sports beats second quarter guidance and raises full-year outlook

George Smith

06 Aug 2026
Q2 Earnings Financial Summary
  • Second Quarter Group Revenue of $196m vs. guidance of $185m
  • Group Net Loss of $77m in the Second Quarter, primarily driven by non-recurring transaction-related expenses
  • Second Quarter Group Adjusted EBITDA of $53m vs. guidance $45m
  • Group Adjusted EBITDA margin of 26.9% in the Second Quarter, 258bps above the margin implied by guidance, reflecting early Legend synergies, strong execution across the combined Media business and incremental contribution from prediction markets
  • Raised Full-Year 2026 Group Revenue guidance to $1.005b-$1.025b and Adjusted EBITDA guidance to $285m-295m, implying a Group Adjusted EBITDA Margin of approximately 28.6% at the midpoint

Genius Sports Limited (NYSE:GENI) (“Genius Sports,” “Genius” or the “Group”), a global leader in real-time sports data, today announced financial results for its fiscal second quarter ended June 30, 2026.

“We continue to realize the benefits of the infrastructure we’ve spent years building. Advertisers are placing greater value on our combination of official data and audience, prediction markets are opening an entirely new avenue for growth, and our core Betting business continues to outperform. As we continue to scale GeniusIQ, that foundation positions Genius to deliver durable long-term growth, profitability and cash generation,” said Mark Locke, Genius Sports Founder and CEO. “In our first quarter as a combined business, we exceeded our guidance on Revenue, Adjusted EBITDA and cash, raised our full-year outlook, and are already seeing the benefits of the Legend integration.”

Read the full press release here.