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.
By integrating Legend’s "participation layer" technology, Genius Sports aims to capture fan intent signals at the moment of research and convert them directly into betting or retail transactions.
Meanwhile, Genius Sports reaffirmed its standalone 2026 guidance, projecting revenue between $810 million and $820 million.