Genius Sports announced strong financial results for Q1 2025, with Group Revenue increasing by 20% year-over-year to $144.0 million and Group Adjusted EBITDA nearly tripling to $19.8 million. The company also significantly reduced its net loss to ($8.2 million) from ($25.5 million) in the prior year.
Genius Sports delivered a solid Q4 2024 performance, with revenue growing by 38% year-over-year to $175.5 million. The company reduced its net loss to $28.2 million and achieved a 171% increase in Adjusted EBITDA, reaching $32.4 million. Growth was primarily driven by the Betting Technology, Content & Services segment, which expanded by 48%. The company also provided an optimistic outlook for 2025, projecting 21% revenue growth and a 20% Adjusted EBITDA margin.