"Revenue -- $669 million, up 31%, the company's strongest annual growth rate since 2021, balanced between betting and media. Adjusted EBITDA -- $136 million with a 20% margin, the highest annual margin since becoming public."
"Betting Revenue -- Increased 33%, marking its strongest year since gaining NFL data rights, primarily from expanding product use with existing customers. Media Revenue -- $144 million, up 37%, with the second half nearly doubling compared to the prior year's second half."
"Legend Acquisition Accretion -- Post-close, annualized pro forma group revenue expected at $1.1 billion, group adjusted EBITDA of $320 million to $330 million, EBITDA margin around 30%, and free cash flow conversion near 50%."
"2026 Organic Guidance -- Revenue expected between $810 million and $820 million (up 22%); adjusted EBITDA between $180 million and $190 million (up 36%), with growth balanced across segments."
The company reported strong financial performance with $669 million in revenue, up 31%, representing its strongest annual growth since 2021. Betting revenue increased 33% from expanded product adoption among existing customers following NFL data rights acquisition. Media revenue grew 37% to $144 million, with second-half performance nearly doubling year-over-year. Adjusted EBITDA reached $136 million with a 20% margin, the highest since becoming public. Geographic expansion showed Americas revenue growing 41% and European markets accelerating to above 20% growth. For 2026, the company projects $810-820 million revenue and $180-190 million adjusted EBITDA. The pending Legend acquisition is expected to generate $1.1 billion annualized revenue with 30% EBITDA margins and 50% free cash flow conversion.
#financial-performance #revenue-growth #betting-and-media-expansion #legend-acquisition #geographic-expansion
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