Gambling.com Q3 Revenue Jumps 21.4% as Sports Data Hits 24% of Sales
Gambling.com reported Q3 revenue of $39.0 million, up 21.4% year-over-year, driven by sports data services that surged 304% and now account for 24% of sales. The stock trades at roughly 1× price-to-sales with analysts’ consensus $8.50 target.
1. Q3 Financial Results
Gambling.com generated $39.0 million in Q3 revenue, marking a 21.4% increase year-over-year. The sports data segment, powered by OpticOdds and OddsJam, posted 304% growth and now comprises 24% of total revenue, while performance marketing slipped 4% amid search quality challenges.
2. Valuation, Outlook and Risks
The shares trade at approximately 1× price-to-sales with a consensus target of $8.50, implying modest upside. Management expects marketing headwinds to ease in 2026 as enterprise subscription pipelines accelerate, but resolution timing remains uncertain.