Sportradar Group (NASDAQ:SRAD) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Sportradar Group (NASDAQ:SRAD) released its quarterly earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.08), FiscalAI reports. The company had revenue of $431.19 million for the quarter, compared to analysts’ expectations of $435.95 million. Sportradar Group had a net margin of 5.20% and a return on equity of 7.28%. The business’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.02 EPS.

Here are the key takeaways from Sportradar Group’s conference call:

• Second-quarter revenue rose 19% year over year to €378 million, driven by strong demand for betting and gaming content, cross-selling, and continued monetization of IMG ARENA rights.
• Sportradar reported adjusted EBITDA of €76 million, up 19%, while first-half free cash flow increased 23% to €103 million; the company also repurchased approximately $140 million of shares during the quarter.
• The company is expanding into prediction markets through agreements with Kalshi and Polymarket, with management expecting revenue contributions in the tens of millions of euros this year and a significantly larger opportunity in 2027.
• Sportradar lowered its 2026 guidance to 19%–21% constant-currency revenue growth and 24%–27% adjusted EBITDA growth, citing slower U.S. sportsbook expansion, tax and regulatory headwinds, and delays in completing prediction-market deals.
• Management continues to develop its PlayRadar iGaming offering and expects additional regulatory certifications and market launches later this year, while AI-driven efficiencies and cost-streamlining initiatives are intended to support longer-term margin expansion.

Sportradar Group Price Performance

Shares of SRAD stock opened at $12.34 on Tuesday. The company has a market capitalization of $3.70 billion, a P/E ratio of 51.42 and a beta of 1.61. The company’s 50-day simple moving average is $14.81 and its two-hundred day simple moving average is $16.03. Sportradar Group has a one year low of $11.55 and a one year high of $32.22. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06.

Institutional Trading of Sportradar Group

A number of large investors have recently modified their holdings of the company. Empowered Funds LLC bought a new position in Sportradar Group in the fourth quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd raised its position in Sportradar Group by 93.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,286 shares of the company’s stock valued at $31,000 after purchasing an additional 620 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in Sportradar Group during the 4th quarter valued at $45,000. Tower Research Capital LLC TRC lifted its holdings in shares of Sportradar Group by 10,125.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the company’s stock worth $46,000 after buying an additional 1,620 shares during the period. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Sportradar Group in the 4th quarter worth $63,000.

Wall Street Analysts Forecast Growth

SRAD has been the topic of a number of analyst reports. UBS Group reiterated a “buy” rating on shares of Sportradar Group in a research report on Tuesday, June 9th. Citizens Jmp lowered their target price on shares of Sportradar Group from $26.00 to $24.00 and set a “market outperform” rating for the company in a report on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on shares of Sportradar Group from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Wells Fargo & Company set a $20.00 price objective on shares of Sportradar Group in a research note on Tuesday. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Sportradar Group in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.25.

Key Stories Impacting Sportradar Group

Here are the key news stories impacting Sportradar Group this week:

• Positive Sentiment: Second-quarter revenue increased 19% year over year to €378 million, while Adjusted EBITDA rose 19% to €76 million and the margin expanded to 20.2%. Operating cash flow increased 20% to €117 million and free cash flow rose 14% to €59 million. Sportradar Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Sportradar raised or reaffirmed a solid 2026 outlook, targeting 19%–21% constant-currency revenue growth, reported revenue of approximately €1.518 billion–€1.533 billion, and Adjusted EBITDA of €360 million–€368 million. The company also expects free-cash-flow conversion to exceed 2025 levels.
• Positive Sentiment: New multiyear partnerships with prediction-market platforms Kalshi and Polymarket expand Sportradar’s addressable market, while the Wimbledon data and audiovisual-rights extension supports its premium sports-content portfolio.
• Positive Sentiment: The company repurchased $140 million of stock during the quarter and had no debt outstanding, although cash declined because of buybacks and sports-rights investments.
• Neutral Sentiment: Unusually high options activity accompanied the results: traders purchased 6,951 call contracts, about 77% above average volume. This may indicate speculative bullish interest but does not establish a lasting change in investor sentiment.
• Negative Sentiment: Reported EPS was a $0.01 loss, missing the roughly $0.06–$0.07 consensus estimate and declining from a profit a year earlier. Revenue also modestly missed expectations, with one market report citing $431.19 million versus a $435.95 million forecast. Sportradar shares tumble after Q2 revenue miss
• Negative Sentiment: Sportradar posted a €4 million quarterly loss, compared with €49 million of profit in the prior-year period. A €9 million unrealized foreign-currency loss—versus a €54 million gain previously—more than offset the company’s operating improvement.
• Negative Sentiment: Moderating U.S. market growth, unfavorable currency movements, higher sports-rights costs and severance expenses are weighing on near-term earnings quality. The results miss is particularly negative for a stock trading at a high earnings multiple, making the shares sensitive to weaker profitability and guidance concerns.

About Sportradar Group

Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.

Founded in 2001 and headquartered in St.