Genius Sports (NYSE:GENI) Announces Earnings Results

Genius Sports (NYSE:GENI) announced 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. The business had revenue of $269.86 million during the quarter, compared to analyst estimates of $261.13 million. Genius Sports had a negative net margin of 22.99% and a negative return on equity of 23.83%. The firm’s revenue for the quarter was up 62.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) earnings per share.

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 Trading Down 15.7%

Shares of GENI stock traded down $1.10 on Thursday, hitting $5.91. 22,198,580 shares of the company’s stock traded hands, compared to its average volume of 6,168,712. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -8.69 and a beta of 1.95. The company’s fifty day simple moving average is $6.56 and its 200 day simple moving average is $6.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.97 and a current ratio of 0.97. Genius Sports has a one year low of $3.83 and a one year high of $11.57.

Insiders Place Their Bets

In other news, insider Thomas Russell sold 50,000 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $6.51, for a total transaction of $325,500.00. Following the completion of the sale, the insider directly owned 471,467 shares in the company, valued at approximately $3,069,250.17. This represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Mark Locke sold 50,000 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $6.54, for a total transaction of $327,000.00. Following the completion of the transaction, the chief executive officer directly owned 19,375,216 shares of the company’s stock, valued at approximately $126,713,912.64. The trade was a 0.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 850,000 shares of company stock valued at $5,582,049 over the last quarter. 16.60% of the stock is currently owned by company insiders.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wall Street Zen lowered Genius Sports from a “sell” rating to a “strong sell” rating in a report on Saturday, October 31st. Citigroup restated a “market outperform” rating on shares of Genius Sports in a research note on Thursday, October 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $10.50 price objective on shares of Genius Sports in a research note on Friday, August 7th. BTIG Research decreased their target price on Genius Sports from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Benchmark restated a “buy” rating on shares of Genius Sports in a research note on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Genius Sports has an average rating of “Moderate Buy” and a consensus price target of $10.91.

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.