Sportradar Shares Drop 11.8% Despite €369M Q4 Revenue Rise and $1B Buyback
Sportradar reported fourth-quarter revenue of €369 million, up 20% year-over-year, with adjusted EBITDA rising 48% to €89 million. Full-year 2025 revenue hit €1.29 billion as EBITDA grew 33%, and the company expanded its share repurchase to $1 billion, but shares fell 11.8% after 2026 revenue guidance of €1.557–1.582 billion underwhelmed.
1. Q4 and Full-Year Performance
Sportradar posted fourth-quarter revenue of €369 million, up 20% year-over-year, and adjusted EBITDA of €89 million, up 48%. For full-year 2025, revenue reached €1.29 billion, a 17% increase, while adjusted EBITDA grew 33% to €297 million and net profit rose to €100 million (7.8% margin).
2. Share Repurchase Expansion
The company expanded its share repurchase authorization from $300 million to $1 billion and has repurchased $171 million to date, aiming to enhance shareholder value through buybacks at current price levels.
3. 2026 Outlook and Market Reaction
Management forecasted 2026 revenue between €1.557 billion and €1.582 billion (23%–25% constant currency growth) and adjusted EBITDA of €390 million to €400 million, projecting margin expansion of 200–225 basis points. Despite robust results, the stock declined 11.8% on investor concerns over the guidance.