Genius Sports Targeting $1bn in 2026 Revenue as Legend Deal Closes

Genius Sports maintains $1bn 2026 outlook after Legend deal closure

Genius Sports has declared a hefty net loss for the first quarter of the year, but this has not deterred group leadership from its lofty expectations for the end of the year. The London-based, NYSE-listed sportstech published its Q1 financials this afternoon, revealing overall year-over-year revenue growth of 30.5% from $143.9m (£105.6m) to $187.9m. Group-wide adjusted EBITDA was also up 21.3% from $19.8m to $24m. Despite this, Genius’ march tow…

Genius Sports targeting $1bn in 2026 revenue as Legend deal closes

Genius Sports has reported a 30.5% year-over-year (YOY) jump in Q1 revenue to $188m, as the firm said its $1.2bn acquisition of media business Legend should “drive meaningful margin expansion and cash flow over time.” Adjusted EBITDA rose 21.3% YOY from $19.8m to $24m, with adjusted EBITDA margin contracting 90 basis points to 12.8%. Net losses widened significantly from $8.2m to $55.5m, predominantly due to costs associated with the Legend deal…

Genius Sports, Sports Data company announces Close of Acquisition of Legend

Genius Sports Limited (“Genius Sports”), a global leader in real-time sports data, announced it has completed its previously announced acquisition of Legend, a global, digital sports and gaming media network. Legend provides a scaled media platform, with world-class marketing technology powering owned and operated digital properties including Covers.com, Casino.org and Casino Guru. In 2025, Legend generated 320 million annual visits from 118 mil…