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Genius Sports Beats Third Quarter Guidance; Raises Full-Year Outlook, Delivered $54 Million of Free Cash Flow, 61% Free Cash Flow Conversion, and 32% Group Adjusted EBITDA Margin

Genius Sports

05 Nov 2026
Q3 2026
  • Group Revenue of $270m, up 62% year-over-year, vs. guidance of $260m
  • Income from operations of $10m, Genius Sports’ first quarter of positive operating income, a $36m improvement year-over-year
  • Group Net Loss of $16m, a $13m improvement year-over-year
  • Group Adjusted EBITDA of $87m vs. guidance of $85m; Group Adjusted EBITDA margin of 32%, up approximately 12 percentage points year-over-year
  • Group Free Cash Flow of $54m, representing 61% conversion; Unlevered Free Cash Flow of $69m, representing 80% conversion
  • Increased Full-Year 2026 Group Revenue guidance to $1.015b-$1.035b and Adjusted EBITDA guidance to $287m-297m; expect year-end cash of approximately $260m

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

“This quarter’s $54m of Free Cash Flow demonstrates the cash-generating power of the combined business and reflects the performance we always believed our model could deliver. Our predictable Betting business, expanding Media capabilities and growing opportunities in prediction markets position us to capture greater value from the data, technology and infrastructure we have spent 25 years building,” said Mark Locke, Genius Sports Founder and CEO. “Legend is also creating additional commercial value, and we are seeing the benefits of our combined scale. Our strategy is working, and we are well positioned to deliver sustained growth, profitability and free cash flow.”

Read the full press release here.