The company also reported growth in Adjusted EBITDA and Free Cash Flow, maintaining the solid operational performance seen in previous quarters.
“Our record second-quarter results, including historic revenue, expanded operating margins, and strong cash generation, reflect the success of our growth strategy and the positive momentum we’re experiencing globally, with Brazil standing out,” said Carsten Koerl, CEO of Sportradar.
Koerl also highlighted that the company’s business model, coupled with operational efficiency and investment in technology, has supported sustainable expansion, with key markets like Brazil playing a central role.
“Our premium portfolio of content and products, combined with AI and our global scale, is driving customer adoption and accelerating our above-market growth,” he added.
In light of its above-forecast performance, Sportradar has raised its full-year guidance and expects the acquisition of IMG ARENA to further enhance its ability to deliver value to clients and partners worldwide.
The company will host an earnings call later today with Carsten Koerl and CFO Craig Felenstein, who will discuss the quarterly results and answer questions from analysts. The full presentation is available at this link.
Adjusted EBITDA and Free Cash Flow are non-IFRS financial measures. Full definitions and reconciliations can be found in the official Q2 2025 earnings presentation.
Brazil
Brazil has emerged as one of Sportradar’s key growth drivers globally. The company estimates that the Brazilian sports betting market will grow at an annual rate of 17%, supported by the country’s recent regulation of the sector and the international appeal of Brazilian football.
Sergio Floris, Managing Director of Sportradar Brazil, commented that the country is establishing a stable regulatory environment, encouraging investment and the entry of new operators.
“Brazil is creating a regulated market that provides a stable environment for operators and fosters investment,” he explained.
Floris also credited the visibility of Brazilian football clubs, especially in continental competitions, as a key factor increasing international interest. This visibility, he said, drives betting platforms to pursue commercial partnerships in the country.
“We are confident that the market will continue to grow, attract more players, and that betting companies will maintain or increase their sponsorship investments to stay competitive,” he stated.
Source: GMB
