Genius Sports has posted a strong efficiency for the primary quarter of 2025, with complete group income rising 20% year-over-year to $144 million. The firm’s Betting Technology, Content & Services phase was the first driver, rising 44% to $106.5 million on account of profitable contract renegotiations and pricing will increase throughout current shoppers.
Revenue development offset by media phase decline:
CEO Mark Locke hailed the outcomes as a mirrored image of continued operational energy. “This quarter demonstrates the strong execution of our strategic objectives, as we continue our technology distribution, product innovation, and commercial momentum,” he stated in the company’s press release. “Our largely fixed cost base, coupled with several durable growth drivers, reinforces our confidence in delivering sustainable growth, profitability, and cash flow in 2025 and beyond.”
While the corporate celebrated sturdy ends in its betting and sports activities expertise arms, the Media Technology, Content & Services division reported a 27% income decline, falling to $25.9 million. Genius attributed the drop to lowered demand for programmatic and social promoting providers, citing difficult year-on-year comparisons and subdued spending from operators in the course of the first quarter.
Despite the phase’s downturn, Genius stays optimistic about future development. Analysts from Citizens Financial famous that “bad game outcomes during March Madness did not impact the Genius business model,” however could have prompted sportsbooks to defer promoting budgets to the second quarter. They added, “We believe the sports betting companies shifted spend from Q1 into Q2, hence our EBITDA estimate increasing 10%.”
The Sports Technology & Services class grew by 12% to $11.6 million, supported by elevated demand for merchandise developed on GeniusIQ, the corporate’s proprietary AI-based platform.
Net loss shrinks as EBITDA jumps 188%:
Genius Sports considerably lowered its web loss to $8.2 million in Q1 2025, down from $25.5 million throughout the identical interval in 2024. Adjusted EBITDA surged 188% year-over-year, reaching $19.8 million in comparison with$6.9 million in Q1 2024. The firm additionally expanded its EBITDA margin to 13.7%, up from 5.7% final yr.
Locke and his management group expressed confidence in continued profitability, reaffirming 2025 steerage that tasks complete group income of roughly $620 million and adjusted EBITDA of $125 million—representing 21% and 46% development, respectively.
The quarter was marked by a number of notable product rollouts and partnership bulletins. Among the highlights was the growth of Genius’ BetVision platform, now out there for soccer after debuting in NFL markets. BetVision allows interactive, in-stream wagering and is now built-in with over 120 soccer leagues, together with France’s Ligue 1.
Additionally, Genius launched a brand new broadcast viewing mode for Ligue 1, branded “Data Zone,” delivering real-time information overlays for an enhanced fan expertise. The firm additionally debuted its Performance Studio platform with 3D immersive analytics for participant improvement.
Following the quarter, Genius was confirmed because the unique supplier of official NCAA information to licensed sportsbooks via 2032, overlaying March Madness and all postseason competitions.
In mild of the corporate’s sturdy monetary footing, Genius Sports’ Board of Directors authorized a share repurchase program of as much as $100 million. The program can be funded via current money reserves and operational money move. The firm clarified that the timing and scale of the repurchases would rely on market situations and shareholder approvals.
As of March 31, 2025, Genius reported $209.8 million in money and money equivalents, with complete belongings reaching $906.7 million—up from $792.3 million on the finish of 2024.
