Genius Sports Beats Second Quarter Guidance and Raises Full-Year Outlook
-
Second Quarter Group Revenue of
$196m $185m -
Group Net Loss of
$77m -
Second Quarter Group Adjusted EBITDA of
$53m $45m -
Group Adjusted EBITDA margin of
26.9% in the Second Quarter, 258bps above the margin implied by guidance, reflecting early Legend synergies, strong execution across the combined Media business and incremental contribution from prediction markets -
Raised Full-Year 2026 Group Revenue guidance to
$1.005b -$1.025b $285m -295m28.6% at the midpoint
“We continue to realize the benefits of the infrastructure we've spent years building. Advertisers are placing greater value on our combination of official data and audience, prediction markets are opening an entirely new avenue for growth, and our core Betting business continues to outperform. As we continue to scale GeniusIQ, that foundation positions Genius to deliver durable long-term growth, profitability and cash generation,” said Mark Locke, Genius Sports Founder and CEO. “In our first quarter as a combined business, we exceeded our guidance on Revenue, Adjusted EBITDA and cash, raised our full-year outlook, and are already seeing the benefits of the Legend integration.”
$ in thousands |
|
Q226 |
|
Q225 |
|
% |
|||||||
Group Revenue |
|
|
195,503 |
|
|
|
118,719 |
|
|
|
64.7 |
% |
|
Betting Technology, Content & Services |
|
|
117,352 |
|
|
|
92,030 |
|
|
|
27.5 |
% |
|
Media Technology, Content & Services |
|
|
78,151 |
|
|
|
26,689 |
|
|
|
192.8 |
% |
|
Group Net Loss |
|
|
(76,731 |
) |
|
|
(53,948 |
) |
|
|
(42.2 |
%) |
|
Group Adjusted EBITDA |
|
|
52,600 |
|
|
|
34,150 |
|
|
|
54.0 |
% |
|
Group Adjusted EBITDA Margin |
|
|
26.9 |
% |
|
|
28.8 |
% |
|
|
(190 |
bps) |
|
|
|
|
|
|
|
|
|
|
|
|
|||
$ in thousands |
|
YTD26 |
|
YTD25 |
|
% |
|||||||
Group Revenue |
|
|
383,455 |
|
|
|
262,710 |
|
|
|
46.0 |
% |
|
Betting Technology, Content & Services |
|
|
263,565 |
|
|
|
201,738 |
|
|
|
30.6 |
% |
|
Media Technology, Content & Services |
|
|
119,890 |
|
|
|
60,972 |
|
|
|
96.6 |
% |
|
Group Net Loss |
|
|
(132,201 |
) |
|
|
(62,146 |
) |
|
|
(112.7 |
%) |
|
Group Adjusted EBITDA |
|
|
76,582 |
|
|
|
53,925 |
|
|
|
42.0 |
% |
|
Group Adjusted EBITDA Margin |
|
|
20.0 |
% |
|
|
20.5 |
% |
|
|
(50 |
bps) |
|
Q2 2026 Financial Highlights
-
Group Revenue: Group revenue increased
$76.8 million $195.5 million -
Betting Technology, Content & Services: Revenue increased
28% year-over-year to$117.4 million -
Media Technology, Content & Services: Revenue increased
193% year-over-year to$78.2 million
-
Betting Technology, Content & Services: Revenue increased
-
Group Net Loss: Group net loss was (
$76.7 million $22.8 million $53.9 million $25.1 million $55.6 million $28.9 million $13.8 million $8.0 million $27.0 million -
Group Adjusted EBITDA: Group Adjusted (non-GAAP) EBITDA was
$52.6 million 54% increase compared to the$34.2 million
Q2 2026 Business Highlights
- Struck a landmark technology and AI partnership with Liga MX, powering a suite of dynamic advertising, enhanced broadcast, officiating and performance solutions to drive the future of Mexican soccer
- Powered augmented experiences across DAZN's coverage of The National League Promotion Final, creating immersive fan experiences and integrated advertising activations for national sponsor, Enterprise
- Expanded the distribution of GeniusIQ in European football through a long-term technology and AI partnership with the Swiss Football League, building on the Company's innovation partnership with European Leagues
- Announced the close of the acquisition of Legend on May 1, 2026
-
After the reporting period:
- Partnered with Polymarket and Kalshi to provide a broad portfolio of content, integrity services and marketing solutions, extending Genius Sports' infrastructure into the growing prediction markets category alongside the two leading platforms
- Launched Semi-Automated Offside Technology (SAOT) for Confederação Brasileira de Futebol (CBF)
Financial Outlook
Genius Sports expects to generate Group Revenue of
In the fiscal third quarter ending September 30, 2026, Genius Sports expects to generate Group Revenue and Adjusted EBITDA of approximately
Financial Statements & Reconciliation Tables
Genius Sports Limited
|
||||||||||||||||
|
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
||||||||||||
|
|
2026 |
|
2025 |
|
2026 |
|
2025 |
||||||||
Revenue |
|
$ |
195,503 |
|
|
$ |
118,719 |
|
|
$ |
383,455 |
|
|
$ |
262,710 |
|
Cost of revenue |
|
|
131,716 |
|
|
|
109,832 |
|
|
|
276,344 |
|
|
|
218,621 |
|
Gross profit |
|
|
63,787 |
|
|
|
8,887 |
|
|
|
107,111 |
|
|
|
44,089 |
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
Sales and marketing |
|
|
17,506 |
|
|
|
14,299 |
|
|
|
31,175 |
|
|
|
25,712 |
|
Research and development |
|
|
13,385 |
|
|
|
8,726 |
|
|
|
24,787 |
|
|
|
17,672 |
|
General and administrative |
|
|
59,537 |
|
|
|
64,500 |
|
|
|
113,452 |
|
|
|
99,035 |
|
Transaction-related expenses |
|
|
28,924 |
|
|
|
2,053 |
|
|
|
36,427 |
|
|
|
2,785 |
|
Total operating expenses |
|
|
119,352 |
|
|
|
89,578 |
|
|
|
205,841 |
|
|
|
145,204 |
|
Loss from operations |
|
|
(55,565 |
) |
|
|
(80,691 |
) |
|
|
(98,730 |
) |
|
|
(101,115 |
) |
Interest (expense) income, net |
|
|
(13,815 |
) |
|
|
556 |
|
|
|
(14,743 |
) |
|
|
993 |
|
Loss on disposal of assets |
|
|
(14 |
) |
|
|
(1 |
) |
|
|
(87 |
) |
|
|
(13 |
) |
Loss on fair value remeasurement of contingent consideration |
|
|
(8,000 |
) |
|
|
— |
|
|
|
(8,000 |
) |
|
|
— |
|
Impairment of equity method investment |
|
|
— |
|
|
|
— |
|
|
|
(1,735 |
) |
|
|
— |
|
Gain (loss) on foreign currency |
|
|
36 |
|
|
|
26,992 |
|
|
|
(9,661 |
) |
|
|
39,241 |
|
Total other (expense) income |
|
|
(21,793 |
) |
|
|
27,547 |
|
|
|
(34,226 |
) |
|
|
40,221 |
|
Loss before income taxes and gain from equity method investment |
|
|
(77,358 |
) |
|
|
(53,144 |
) |
|
|
(132,956 |
) |
|
|
(60,894 |
) |
Income tax expense |
|
|
(341 |
) |
|
|
(1,748 |
) |
|
|
(256 |
) |
|
|
(2,290 |
) |
Gain from equity method investment |
|
|
968 |
|
|
|
944 |
|
|
|
1,011 |
|
|
|
1,038 |
|
Net loss |
|
$ |
(76,731 |
) |
|
$ |
(53,948 |
) |
|
$ |
(132,201 |
) |
|
$ |
(62,146 |
) |
Loss per share attributable to common stockholders: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
Basic and diluted |
|
$ |
(0.28 |
) |
|
$ |
(0.21 |
) |
|
$ |
(0.48 |
) |
|
$ |
(0.25 |
) |
Weighted average common stock outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
Basic and diluted |
|
|
278,911,851 |
|
|
|
253,220,241 |
|
|
|
274,169,128 |
|
|
|
250,839,507 |
|
Genius Sports Limited
|
||||||||
|
|
(Unaudited) |
|
|
|
|||
|
|
June 30, |
|
December 31, |
||||
|
|
2026 |
|
2025 |
||||
ASSETS |
|
|
|
|
|
|
||
Current assets: |
|
|
|
|
|
|
||
Cash and cash equivalents |
|
$ |
155,076 |
|
|
$ |
280,559 |
|
Accounts receivable, net |
|
|
129,250 |
|
|
|
130,340 |
|
Contract assets |
|
|
75,536 |
|
|
|
57,358 |
|
Prepaid expenses |
|
|
73,767 |
|
|
|
66,150 |
|
Other current assets |
|
|
28,331 |
|
|
|
15,276 |
|
Total current assets |
|
|
461,960 |
|
|
|
549,683 |
|
Property and equipment, net |
|
|
40,612 |
|
|
|
32,322 |
|
Intangible assets, net |
|
|
754,486 |
|
|
|
144,203 |
|
Operating lease right-of-use assets |
|
|
33,227 |
|
|
|
28,321 |
|
Goodwill |
|
|
775,410 |
|
|
|
338,049 |
|
Deferred tax asset |
|
|
1,781 |
|
|
|
1,643 |
|
Investments |
|
|
40,851 |
|
|
|
32,585 |
|
Other assets |
|
|
6,345 |
|
|
|
3,481 |
|
Total assets |
|
$ |
2,114,672 |
|
|
$ |
1,130,287 |
|
LIABILITIES AND SHAREHOLDERS’ EQUITY |
|
|
|
|
|
|
||
Current liabilities: |
|
|
|
|
|
|
||
Accounts payable |
|
$ |
70,973 |
|
|
$ |
112,246 |
|
Accrued expenses |
|
|
116,204 |
|
|
|
118,017 |
|
Deferred revenue |
|
|
70,737 |
|
|
|
97,098 |
|
Current debt |
|
|
30,937 |
|
|
|
— |
|
Operating lease liabilities, current |
|
|
7,034 |
|
|
|
5,024 |
|
Other current liabilities |
|
|
178,981 |
|
|
|
20,498 |
|
Total current liabilities |
|
|
474,866 |
|
|
|
352,883 |
|
Long-term debt – less current portion |
|
|
754,358 |
|
|
|
— |
|
Deferred tax liability |
|
|
71,860 |
|
|
|
7,186 |
|
Operating lease liabilities, non-current |
|
|
28,686 |
|
|
|
25,471 |
|
Other liabilities |
|
|
100,946 |
|
|
|
20,272 |
|
Total liabilities |
|
|
1,430,716 |
|
|
|
405,812 |
|
Shareholders’ equity |
|
|
|
|
|
|
||
Common stock, |
|
|
2,717 |
|
|
|
2,504 |
|
B Shares, |
|
|
1 |
|
|
|
1 |
|
Additional paid-in capital |
|
|
2,077,262 |
|
|
|
1,992,257 |
|
Treasury stock, at cost, 4,105,948 shares at June 30, 2026 and December 31, 2025 |
|
|
(17,653 |
) |
|
|
(17,653 |
) |
Accumulated deficit |
|
|
(1,331,309 |
) |
|
|
(1,199,108 |
) |
Accumulated other comprehensive loss |
|
|
(47,062 |
) |
|
|
(53,526 |
) |
Total shareholders’ equity |
|
|
683,956 |
|
|
|
724,475 |
|
Total liabilities and shareholders’ equity |
|
$ |
2,114,672 |
|
|
$ |
1,130,287 |
|
Genius Sports Limited
|
||||||||
|
|
Six Months Ended June 30, |
||||||
|
|
2026 |
|
2025 |
||||
Cash Flows from operating activities: |
|
|
|
|
|
|
||
Net loss |
|
$ |
(132,201 |
) |
|
$ |
(62,146 |
) |
Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
|
|
||
Depreciation and amortization |
|
|
53,594 |
|
|
|
31,674 |
|
Loss on disposal of assets |
|
|
87 |
|
|
|
13 |
|
Loss on fair value remeasurement of contingent consideration |
|
|
8,000 |
|
|
|
— |
|
Stock-based compensation |
|
|
42,309 |
|
|
|
97,676 |
|
Non-cash consideration, net |
|
|
(15,133 |
) |
|
|
— |
|
Non-cash interest expense, net |
|
|
3,266 |
|
|
|
— |
|
Non-cash lease expense |
|
|
3,336 |
|
|
|
2,066 |
|
Amortization of contract costs |
|
|
710 |
|
|
|
752 |
|
Deferred income taxes |
|
|
(2,161 |
) |
|
|
(867 |
) |
Provision for expected credit losses |
|
|
150 |
|
|
|
173 |
|
Gain from equity method investment |
|
|
(1,011 |
) |
|
|
(1,038 |
) |
Impairment of equity method investment |
|
|
1,735 |
|
|
|
— |
|
Loss (gain) on foreign currency remeasurement |
|
|
8,317 |
|
|
|
(38,976 |
) |
Changes in operating assets and liabilities |
|
|
|
|
|
|
||
Accounts receivable |
|
|
23,194 |
|
|
|
1,569 |
|
Contract assets |
|
|
2,437 |
|
|
|
(10,838 |
) |
Prepaid expenses |
|
|
11,973 |
|
|
|
(10,111 |
) |
Other current assets |
|
|
1,553 |
|
|
|
(2,003 |
) |
Other assets |
|
|
(2,836 |
) |
|
|
(1,230 |
) |
Accounts payable |
|
|
(46,777 |
) |
|
|
(6,541 |
) |
Accrued expenses |
|
|
(62,712 |
) |
|
|
(15,018 |
) |
Deferred revenue |
|
|
(31,579 |
) |
|
|
(12,747 |
) |
Other current liabilities |
|
|
(9,878 |
) |
|
|
(381 |
) |
Operating lease liabilities |
|
|
(3,611 |
) |
|
|
(1,790 |
) |
Net cash used in operating activities |
|
|
(147,238 |
) |
|
|
(29,763 |
) |
Cash flows from investing activities: |
|
|
|
|
|
|
||
Purchases of property and equipment |
|
|
(11,500 |
) |
|
|
(8,397 |
) |
Capitalization of internally developed software costs |
|
|
(29,239 |
) |
|
|
(28,814 |
) |
Distributions from equity method investments |
|
|
3,913 |
|
|
|
2,787 |
|
Purchases of intangible assets |
|
|
(1,784 |
) |
|
|
(449 |
) |
Acquisition of business, net of cash acquired |
|
|
(578,760 |
) |
|
|
— |
|
Proceeds from disposal of assets |
|
|
— |
|
|
|
9 |
|
Net cash used in investing activities |
|
|
(617,370 |
) |
|
|
(34,864 |
) |
Cash flows from financing activities: |
|
|
|
|
|
|
||
Proceeds from issuance of common shares, net of equity issuance costs |
|
|
— |
|
|
|
144,000 |
|
Cash-settled withholding taxes on stock‑based compensation |
|
|
(3,272 |
) |
|
|
— |
|
Proceeds from issuance of long-term debt |
|
|
825,000 |
|
|
|
— |
|
Debt issuance costs |
|
|
(41,073 |
) |
|
|
— |
|
Repayment of loans and mortgage |
|
|
(137,697 |
) |
|
|
(11 |
) |
Net cash provided by financing activities |
|
|
642,958 |
|
|
|
143,989 |
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
(3,833 |
) |
|
|
6,960 |
|
Net (decrease) increase in cash, cash equivalents and restricted cash |
|
|
(125,483 |
) |
|
|
86,322 |
|
Cash, cash equivalents and restricted cash at beginning of period |
|
|
280,559 |
|
|
|
135,239 |
|
Cash, cash equivalents and restricted cash at end of period |
|
$ |
155,076 |
|
|
$ |
221,561 |
|
Supplemental disclosure of cash activities: |
|
|
|
|
|
|
||
Cash paid during the period for interest |
|
$ |
4,035 |
|
|
$ |
1,630 |
|
Cash paid during the period for income taxes |
|
$ |
4,427 |
|
|
$ |
1,684 |
|
Supplemental disclosure of noncash investing and financing activities: |
|
|
|
|
|
|
||
Contingent consideration for acquisition of business included in other liabilities |
|
$ |
202,489 |
|
|
$ |
— |
|
Issuance of common stock in connection with business combinations |
|
$ |
43,987 |
|
|
$ |
— |
|
Genius Sports Limited
|
||||||||||||||||
|
|
Three Months Ended |
|
Six Months Ended |
||||||||||||
|
|
2026 |
|
2025 |
|
2026 |
|
2025 |
||||||||
|
|
(dollars, in thousands) |
||||||||||||||
Net loss |
|
$ |
(76,731 |
) |
|
$ |
(53,948 |
) |
|
$ |
(132,201 |
) |
|
$ |
(62,146 |
) |
Adjusted for: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
Interest expense (income), net |
|
|
13,815 |
|
|
|
(556 |
) |
|
|
14,743 |
|
|
|
(993 |
) |
Income tax expense |
|
|
341 |
|
|
|
1,748 |
|
|
|
256 |
|
|
|
2,290 |
|
Amortization of acquired intangibles (1) |
|
|
13,543 |
|
|
|
2,182 |
|
|
|
16,268 |
|
|
|
4,364 |
|
Other depreciation and amortization (2) |
|
|
19,442 |
|
|
|
13,486 |
|
|
|
38,036 |
|
|
|
28,062 |
|
Stock-based compensation (3) |
|
|
25,221 |
|
|
|
84,991 |
|
|
|
56,125 |
|
|
|
102,303 |
|
Transaction-related expenses (4) |
|
|
28,924 |
|
|
|
2,053 |
|
|
|
36,427 |
|
|
|
2,785 |
|
Litigation and related costs (5) |
|
|
2,401 |
|
|
|
10,547 |
|
|
|
8,438 |
|
|
|
13,915 |
|
Loss on fair value remeasurement of contingent consideration |
|
|
8,000 |
|
|
|
— |
|
|
|
8,000 |
|
|
|
— |
|
Impairment of equity method investment |
|
|
— |
|
|
|
— |
|
|
|
1,735 |
|
|
|
— |
|
(Gain) loss on foreign currency |
|
|
(36 |
) |
|
|
(26,992 |
) |
|
|
9,661 |
|
|
|
(39,241 |
) |
Expenses incurred related to acquisition related employee payments |
|
|
15,478 |
|
|
|
— |
|
|
|
15,478 |
|
|
|
— |
|
Other (6) |
|
|
2,202 |
|
|
|
639 |
|
|
|
3,616 |
|
|
|
2,586 |
|
Adjusted EBITDA |
|
$ |
52,600 |
|
|
$ |
34,150 |
|
|
$ |
76,582 |
|
|
$ |
53,925 |
|
| ___________ | |||||||||
(1) |
Includes amortization of intangible assets generated through business acquisitions (inclusive of amortization for marketing products, acquired technology, and historical data rights related to the acquisition of a majority interest in Genius in 2018). |
||||||||
(2) |
Includes depreciation of Genius’ property and equipment, amortization of contract costs, and amortization of internally developed software and other intangible assets. Excludes amortization of intangible assets generated through business acquisitions. |
||||||||
(3) |
Includes stock options, equity-settled restricted share units, cash-settled restricted share units and equity-settled performance-based restricted share units granted to employees and directors (including related employer payroll taxes) and equity-classified non-employee awards issued to suppliers. |
||||||||
(4) |
Includes non-recurring advisory, legal, accounting, valuation, and other professional or consulting fees in connection with Genius’ corporate development activities, as well as integration expenses related to acquisitions. |
||||||||
(5) |
Includes litigation and related costs incurred by Genius relating to discrete and non-routine legal proceedings that are not part of the normal operations of Genius’ business. For the three and six months ended June 30, 2026, legal proceedings included Sportscastr litigation, dMY litigation, Sage & Thompson litigation and Volleystation litigation (as described in Note 16 – Commitments and Contingencies). For the three and six months ended June 30, 2025, legal proceedings included Sportscastr litigation and dMY litigation. All other legal proceedings are expensed as part of our on-going operations and included in general and administrative expenses. |
||||||||
(6) |
Includes severance costs, tax penalties, gain/loss on disposal of assets, and professional fees for finance transformation project. |
||||||||
Webcast and Conference Call Details
Genius Sports management will host a conference call and webcast today at 8:00AM ET to discuss the Group’s second quarter results.
The live conference call and webcast may be accessed on the Genius Sports investor relations website at investors.geniussports.com along with Genius’ earnings press release and related materials. A replay of the webcast will be available on the website within 24 hours after the call.
About Genius Sports
Genius Sports is a global leader in real-time sports data, and the official technology and media partner powering the global sports ecosystem. Its platform is used in more than 150 countries, connecting leagues, teams, sportsbooks, broadcasters, brands and fans through official data, video, analytics and fan engagement solutions.
Genius Sports partners with more than 1,000 sports organizations worldwide, including the NFL, English Premier League, NCAA, DraftKings, FanDuel, bet365, CBS, NBC and ESPN. Through AI, computer vision and live sports technology, Genius Sports helps rights holders capture, manage and commercialize their content across the full fan journey.
For more information, visit geniussports.com.
Non-GAAP Financial Measures
This press release includes non-GAAP financial measures not presented in accordance with U.S. GAAP.
We present Group adjusted EBITDA and Group adjusted EBITDA margin, non-GAAP performance measures, to supplement our results presented in accordance with U.S. GAAP. Group Adjusted EBITDA is defined as earnings before interest, income tax, depreciation and amortization and other items that are unusual or not related to Genius’ revenue-generating operations, including but not limited to stock-based compensation expense (including related employer payroll taxes), litigation and related costs, transaction-related expenses and gain or loss on foreign currency. Group adjusted EBITDA margin is defined as Group adjusted EBITDA as a percentage of Group Revenue.
Group Adjusted EBITDA and Group Adjusted EBITDA margin are used by management to evaluate Genius’ core operating performance on a comparable basis and to make strategic decisions. Genius believes these measures are useful to investors for the same reasons as well as in evaluating Genius’ operating performance against competitors, which commonly disclose similar performance measures. However, Genius’ calculation of Group Adjusted EBITDA and Group Adjusted EBITDA margin may not be comparable to other similarly titled performance measures of other companies. These measures are not intended to be a substitute for any US GAAP financial measure.
We do not provide a reconciliation of non-GAAP measures on a forward-looking basis because we are unable to forecast certain items required to develop meaningful comparable GAAP financial measures without unreasonable efforts. These items are difficult to predict and estimate and are primarily dependent on future events. The impact of these items could be significant to our projections.
Forward-Looking Statements
This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve significant risks and uncertainties. All statements other than statements of historical facts are forward-looking statements, including but not limited to statements relating to our updated financial outlook and the benefits from the acquisition of Legend (the “Transaction”) and our updated financial outlook. These forward-looking statements include information about our possible or assumed future results of operations or our performance. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “estimates,” and variations of such words and similar expressions are intended to identify such forward looking statements. Although we believe that the forward-looking statements contained in this press release are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in such forward-looking statements, including but not limited to: the outcome of any legal proceedings related to the Transaction or otherwise, including the risk of shareholder litigation in connection with the Transaction, including resulting expense; the ability of the Genius to successfully manage legal, tax and regulatory risks relating to the Transaction; difficulties and delays in integrating Legend’s business into that of Genius’ business; failing to fully realize anticipated cost savings and other anticipated benefits of the Transaction when expected or at all; business disruptions from the Transaction that will harm Genius’ business, including current plans and operations; potential adverse reactions or changes to business relationships resulting from the completion of the Transaction or our business with prediction markets; the ability of Genius to retain and hire key personnel; uncertainty as to the long-term value of the ordinary shares of Genius following the Transaction, including the dilution caused by Genius’ issuance of additional shares as earn-out consideration; the continued availability of capital and financing following the Transaction; the effects of global economic, political, market, and social events or other conditions; risks related to our reliance on relationships with sports organizations and the potential loss of such relationships or failure to renew or expand existing relationships; risks related to our partnerships and business with prediction markets, including providing liquidity on prediction markets, our ability to realize anticipated benefits from these activities and grow related revenue, potential trading or market-making losses, and legal and regulatory uncertainty regarding the treatment of prediction markets, including sports-related event contracts, under applicable gaming, derivatives and other law; fraud, corruption or negligence related to sports events, or by our employees or contracted statisticians; risks related to changes in domestic and foreign laws and regulations or their interpretation; compliance with applicable data protection and privacy laws; pending litigation and investigations; the failure to protect or enforce our proprietary and intellectual property rights; claims for intellectual property infringement; our reliance on information technology; elevated interest rates and inflationary pressures, including fluctuating foreign currency and exchange rates; risks related to domestic and international political and macroeconomic uncertainty; our share repurchase program; and other factors included under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Although we believe that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements contained in this press release, or the documents or communications to which we refer readers in this press release, to reflect any change in our expectations with respect to such statements or any change in events, conditions or circumstances upon which any statement is based.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260806572935/en/
Media
Tony Marlow, Chief Marketing Officer
+1 (917) 767-9826
tony.marlow@geniussports.com
Investors
Brandon Bukstel, Investor Relations Manager
+1 (954)-554-7932
brandon.bukstel@geniussports.com
Source: Genius Sports