Genius Sports (NYSE:GENI) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Key Points

• Genius Sports missed EPS expectations, reporting a loss of $0.06 per share versus analysts’ forecast of $0.01 profit. Revenue rose 62.3% year over year to $269.9 million, topping estimates of $261.1 million.
• The company raised its 2026 outlook, projecting revenue of $1.015 billion–$1.035 billion and adjusted EBITDA of $287 million–$297 million. It also reported $87 million in quarterly adjusted EBITDA and a 32% adjusted EBITDA margin.
• Cash flow improved, with $54 million of free cash flow for the quarter; management expects more than $100 million in the second half and plans to prioritize debt repayment.

Genius Sports (NYSE:GENI - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.07), FiscalAI reports. Genius Sports had a negative net margin of 22.99% and a negative return on equity of 23.83%. The company had revenue of $269.86 million for the quarter, compared to the consensus estimate of $261.13 million. During the same period in the previous year, the business posted ($0.11) earnings per share. The firm's revenue was up 62.3% compared to the same quarter last year.

Here are the key takeaways from Genius Sports' conference call:

• Q3 beat expectations and full-year guidance was raised. Revenue was $270 million and adjusted EBITDA was $87 million; Genius now expects 2026 revenue of $1.015 billion–$1.035 billion and adjusted EBITDA of $287 million–$297 million.
• Cash generation and margins improved. The company reported $54 million in free cash flow, a 32% adjusted EBITDA margin, and $10 million in GAAP operating income; it expects more than $100 million of free cash flow in the second half and is prioritizing debt repayment.
• Betting revenue grew 33%, supported by contract renewals, stronger in-play activity, and new prediction-market business. Genius said BetVision engagement was rising, while management argued that it can earn revenue across prediction-market customer acquisition, trading data, and settlement.
• Legend integration is progressing ahead of plan, with management citing early commercial synergies and strong engagement. Media revenue rose 126% year over year, and the Moment Engine added 279 advertisers in Q3, with net revenue retention of 224% versus Q2.
• Management sees prediction markets expanding its opportunity but acknowledged that regulation and the market structure may evolve; its 2028 targets do not assume NFL participation. The CEO also disclosed selling about 800,000 shares and collaring another 4.4 million shares, citing personal financial planning while saying he remains substantially invested.

Genius Sports Stock Performance

Genius Sports stock traded down $1.10 during trading hours on Thursday, hitting $5.91. The company had a trading volume of 22,198,580 shares, compared to its average volume of 6,168,712. Genius Sports has a one year low of $3.83 and a one year high of $11.57. The firm has a 50-day moving average of $6.56 and a 200 day moving average of $6.23. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market cap of $1.46 billion, a PE ratio of -8.69 and a beta of 1.95.

Insiders Place Their Bets

In other Genius Sports news, insider Thomas Russell sold 50,000 shares of Genius Sports stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $6.51, for a total value of $325,500.00. Following the completion of the sale, the insider owned 471,467 shares in the company, valued at $3,069,250.17. The trade was a 9.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Locke sold 50,000 shares of the firm's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $6.54, for a total value of $327,000.00. Following the transaction, the chief executive officer owned 19,375,216 shares in the company, valued at approximately $126,713,912.64. This trade represents a 0.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 850,000 shares of company stock valued at $5,582,049 in the last three months. Insiders own 16.60% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Oppenheimer raised their price objective on shares of Genius Sports from $10.00 to $12.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Stifel Nicolaus cut their price target on shares of Genius Sports from $8.50 to $7.00 and set a "hold" rating on the stock in a research report on Monday, October 26th. Benchmark restated a "buy" rating on shares of Genius Sports in a research report on Friday, August 28th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $10.50 price target on shares of Genius Sports in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Genius Sports in a report on Friday, September 25th. They issued an "overweight" rating and a $8.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Genius Sports presently has an average rating of "Moderate Buy" and an average price target of $10.91.

Key Genius Sports News

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Revenue rose 62.3% year over year to $269.9 million, topping analyst expectations of $261.1 million. The company also reported $54 million of free cash flow, a 61% conversion rate, and a 32% group adjusted EBITDA margin. Article: Genius Sports Beats Third Quarter Guidance; Raises Full-Year Outlook
• Positive Sentiment: Genius Sports raised its full-year outlook after beating its Q3 guidance. FY 2026 revenue guidance is $1.0 billion, in line with consensus. Article: Genius Sports beats guidance in first quarter post-Legend acquisition
• Neutral Sentiment: BTIG kept a Buy rating but cut its price target from $10 to $8, signaling reduced expectations while still seeing potential upside. BTIG Research recommendations
• Negative Sentiment: Adjusted performance did not translate into an EPS beat: the company reported a loss of $0.06 per share versus analysts’ expectation of $0.01 in earnings. Reports also flagged higher debt, adding to investor concerns about profitability and the balance sheet. Article: Genius Sports Reports Q3 2026 Revenue Growth and Higher Debt

Genius Sports Company Profile

Genius Sports Limited NYSE: GENI is a sports technology and data company that provides official sports data, technology, and digital media solutions. Its platform helps sports organizations collect, manage, and distribute live game data while supporting fan engagement and commercial activities.

The company supplies real-time data and related products to sportsbooks, media companies, sports leagues, teams, and brands. Its services include live statistics, betting data and trading solutions, streaming and video content, digital marketing, sponsorship activation, and tools designed to connect sports audiences with content and advertising.

Genius Sports serves customers across international sports markets, including North America, Europe, and other regions.

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