Sportradar is the data backbone for sports betting and media, feeding live scores, odds, and streaming to bookmakers and broadcasters worldwide. Think of it as the referee's official scorekeeper, but for the entire betting industry.
Money comes from recurring contracts with betting operators and media firms, with annual revenue of EUR 1.24B in 2025. Gross margin was 21.11% that year, though it hit 56.80% in 2024, showing volatile but potentially high-margin data licensing.
Sportradar holds exclusive data rights with major leagues like the NBA and NHL, which competitors like Genius Sports and Stats Perform can't easily replicate. However, leagues are increasingly selling rights to multiple providers, eroding this exclusivity.
Sell (sector percentile 12) — value A-, growth C-, profitability C-, momentum D-, revisions C-. Updated daily, sector-relative, identical for every user.
Key events, in time order
SRAD appears on downgrade list Aug 5, extending post-earnings negative sentiment
Multiple independent sources confirm earnings timing, a key market focus
Multiple sources highlight the Kalshi deal; World Cup touted as biggest betting event, driving options flow
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Facts and opinions separated · All items sourced · Not investment advice
