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Grandstand (Nasdaq: GRSD) reported 2026 second quarter revenue of $37.8 million, down 5% year-over-year, with a net loss of $4.6 million (–$0.13 per share) and Adjusted EBITDA of $7.7 million and a 20% margin. Adjusted net income was $2.5 million.
Data services revenue grew 12% to $11.2 million, while marketing services declined 10% to $26.5 million. Adjusted free cash flow increased to $9.6 million, despite operating cash flow of $1.8 million including $7.6 million of deferred consideration payments. The company ended June 30, 2026 with $8.8 million in cash and $122.3 million in borrowings under its Wells Fargo credit facility.
Grandstand reiterated its 2026 guidance for revenue of $165–$170 million and Adjusted EBITDA of $45–$50 million, assuming roughly $6.5 million in second-half fixed cost savings from a May restructuring. The company also completed its rebrand to Grandstand and launched Rollcard, entering consumer fintech.
Grandstand (Nasdaq: GRSD) announced the public launch of Rollcard, a Visa debit card designed for high rollers in sports betting, casino gaming and prediction markets. Rollcard links to a dedicated deposit account that separates a player’s bankroll from everyday finances and offers cashback rewards on qualifying spend.
According to Grandstand, Rollcard supports up to $1,000,000 in daily card spend per business day, provides customizable spending limits and cooling-off periods, and is backed by Visa’s global payment network. The product leverages Grandstand’s existing sports, gaming and entertainment audience for distribution and is available now at rollcard.com.
Grandstand (Nasdaq: GRSD) plans to release its 2026 second quarter results after market close on Thursday, August 13, 2026, followed by a public conference call and webcast at 4:30 p.m. ET featuring CEO Kevin McCrystle and CFO Elias Mark.
The webcast will be available at https://www.webcast-eqs.com/grandstandq2_26, with U.S. toll-free dial-in 877-407-0890 and international dial-in +1 201-389-0918. A replay will be accessible for about 30 days on Grandstand’s investor website.
Gambling.com Group (Nasdaq: GAMB) announced it has changed its corporate name to Grandstand Limited. From the market open on July 23, 2026, its ordinary shares will trade on Nasdaq under the new ticker “GRSD”, with the corporate website now at grandstand.com.
According to Grandstand, the rebrand reflects diversification beyond performance marketing into an “intelligence layer” for sports, gaming and entertainment, spanning data, technology, content and audience solutions. The Gambling.com consumer brand will continue as a comparison and reviews site. Existing shareholders need not take action; the Nasdaq listing and CUSIP remain unchanged.