Genius Sports (NYSE:GENI) on Wednesday posted a 31% increase in full-year revenue for 2025, reaching $669.5 million.
The company’s fourth-quarter performance was even more robust, with sales climbing 37% year-over-year to $240.5 million, fueled by an "inflection point" in its media segment and continued dominance in the betting data sector.
Profitability metrics also saw sharp improvements.
Full-year adjusted EBITDA rose 59% to $136.2 million, with margins expanding 360 basis points to 20.4%.
While the company reported a net loss of $111.6 million for the year—largely due to compensation and litigation expenses—the fourth-quarter net loss narrowed to $20.6 million, a $7.6 million improvement over the prior year.
The centerpiece of the company's forward-looking strategy is its definitive agreement to acquire Legend, a global digital sports media and iGaming network, in a deal valued at up to $1.2 billion.
Legend’s portfolio, which includes major brands like Covers.com and Casino.org, reached over 118 million unique visitors in 2025.