Genius Sports Reports 31% Revenue Growth and 21% Adjusted EBITDA Growth; Raises 2026 Guidance, Targeting 28% Adjusted EBITDA Margin Following Legend Acquisition

fidelity
2026.05.07 11:00
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Genius Sports Limited reported a 31% year-over-year revenue growth, reaching $188 million, and a 21% increase in Adjusted EBITDA to $24 million for Q1 2026. Following the acquisition of Legend, the company raised its 2026 revenue guidance to between $990 million and $1.01 billion, with an Adjusted EBITDA margin target of 28%. Despite a net loss of $55.5 million, the company highlighted strong performance in Betting and Media sectors, driven by long-term contracts and new product offerings.