Genius Sports Limited · Q4 2026 earnings

Briefing

Genius Sports grew Q1 revenue 31% to $188M and raised full-year 2026 guidance after closing the Legend acquisition.

Genius Sports reported first quarter 2026 revenue of $188.0 million, up 31% year over year, with betting technology revenue up 33% to $146.2 million and media technology revenue up 22% to $41.7 million. Adjusted EBITDA rose 21% to $24.0 million despite a widened GAAP net loss of $55.5 million driven by foreign exchange, stock-based compensation, and Legend transaction costs. Following the May 1 close of Legend, management raised full-year 2026 guidance to $990 million–$1.01 billion of revenue and $270–$280 million of adjusted EBITDA, targeting roughly 28% adjusted EBITDA margin.

• Group revenue reached $188.0 million (+31% YoY), led by 33% growth in betting technology to $146.2 million.
• Adjusted EBITDA grew 21% to $24.0 million; GAAP net loss widened to $55.5 million on FX, SBC, and Legend deal costs.
• Post-Legend close, FY2026 revenue guidance was raised to $990M–$1.01B and adjusted EBITDA to $270M–$280M (≈28% margin).
• Q2 2026 outlook calls for roughly $185 million of revenue and $45 million of adjusted EBITDA including Legend from May 1.
• Product momentum included a record March Madness as NCAA exclusive data provider and expanded Moment Engine and BetVision partnerships.

Headline financials

Revenue & EPS history

After closing Legend on May 1, Genius raised FY2026 revenue guidance to $990M–$1.01B and adjusted EBITDA to $270M–$280M, implying ~28% margin; Q2 revenue and adjusted EBITDA are expected near $185M and $45M.