Sportradar Group (SRAD) Revenue & Revenue Breakdown
Sportradar Group Revenue Highlights
Latest Revenue (Y)
$859.63M
Latest Revenue (Q)
$267.46M
Main Segment (Y)
Betting data / Betting entertainment tools
Main Geography (Y)
Other Countries
Sportradar Group Revenue by Period
Sportradar Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $859.63M | 17.73% |
| 2022-12-31 | $730.19M | 30.11% |
| 2021-12-31 | $561.20M | 38.59% |
| 2020-12-31 | $404.92M | 6.45% |
| 2019-12-31 | $380.40M | - |
Sportradar Group generated $859.63M in revenue during NA 2023, up 17.73% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Sportradar Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $267.46M | 8.68% |
| 2023-12-31 | $246.11M | 22.42% |
| 2023-09-30 | $201.04M | -7.11% |
| 2023-06-30 | $216.43M | 4.27% |
| 2023-03-31 | $207.56M | 0.62% |
| 2022-12-31 | $206.29M | 15.35% |
| 2022-09-30 | $178.84M | 0.93% |
| 2022-06-30 | $177.19M | 5.55% |
| 2022-03-31 | $167.88M | 10.18% |
| 2021-12-31 | $152.37M | 11.41% |
| 2021-09-30 | $136.76M | -4.76% |
| 2021-06-30 | $143.60M | 100.00% |
| 2021-03-31 | - | -100.00% |
| 2020-12-31 | $108.03M | 2.60% |
| 2020-09-30 | $105.29M | 28.10% |
| 2020-06-30 | $82.20M | - |
Sportradar Group generated $267.46M in revenue during Q1 2024, up 8.68% compared to the previous quarter, and up 129.65% compared to the same period a year ago.
Sportradar Group Revenue Breakdown
Sportradar Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Sports Solutions | $36.80M | $33.73M | $17.59M |
| Betting data / Betting entertainment tools | $278.16M | - | - |
| Managed Betting Services ("MBS") | $175.86M | - | - |
| Betting revenue | $50.63M | $29.74M | - |
| Other revenue | $55.35M | - | - |
| Virtual Gaming and E Sports | - | $16.15M | $15.36M |
| Betting Data Betting Entertainment Tools | - | $237.04M | $214.03M |
| Managed Betting Services (MBS) | - | $135.90M | $79.97M |
| Other Revenue | - | $53.13M | $39.98M |
| Betting AV revenue | - | $10.96M | - |
| Media and Ads Revenue | - | $53.01M | $33.80M |
| Betting Revenue | - | - | $15.15M |
| Betting AV Revenue | - | - | $5.17M |
Sportradar Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Betting data / Betting entertainment tools (46.61%), Managed Betting Services ("MBS") (29.47%), Other revenue (9.27%), Betting revenue (8.48%), and Sports Solutions (6.17%).
Sportradar Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Switzerland | $9.15M | $10.82M | - |
| UNITED STATES | $144.19M | $123.68M | $67.09M |
| Other Countries | $536.93M | $421.52M | $347.50M |
| MALTA | $105.60M | $95.70M | $70.53M |
| SWITZERLAND | - | - | $7.40M |
Sportradar Group's latest annual revenue breakdown by geography, as of Dec 23: Other Countries (67.47%), UNITED STATES (18.12%), MALTA (13.27%), and Switzerland (1.15%).
Sportradar Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENV | Envestnet | $1.25B | $348.27M |
| GWRE | Guidewire Software | $980.50M | $240.68M |
| PCOR | Procore | $950.01M | $284.35M |
| SRAD | Sportradar Group | $859.63M | $267.46M |
| PWSC | PowerSchool | $697.65M | $191.59M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| ETWO | E2open Parent | $634.55M | $151.16M |
| APPF | AppFolio | $620.45M | $197.38M |
| INST | Instructure | $530.21M | $170.44M |
| BRZE | Braze | $471.80M | $145.50M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| ALKT | Alkami | $264.83M | $82.16M |
| AGYS | Agilysys | $237.46M | $63.51M |
| ENFN | Enfusion | $174.53M | $49.45M |
| AMSWA | American Software | $102.52M | $26.19M |
| CCRD | CoreCard | $56.00M | $13.80M |
SRAD Revenue FAQ
What is Sportradar Group’s yearly revenue?
Sportradar Group's yearly revenue for 2023 was $859.63M, representing an increase of 17.73% compared to 2022. The company's yearly revenue for 2022 was $730.19M, representing an increase of 30.11% compared to 2021. SRAD's yearly revenue for 2021 was $561.2M, representing an increase of 38.59% compared to 2020.
What is Sportradar Group’s quarterly revenue?
Sportradar Group's quarterly revenue for Q1 2024 was $267.46M, a 8.68% increase from the previous quarter (Q4 2023), and a 28.86% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $246.11M, a 22.42% increase from the previous quarter (Q3 2023), and a 19.30% increase year-over-year (Q4 2022). SRAD's quarterly revenue for Q3 2023 was $201.04M, a -7.11% decrease from the previous quarter (Q2 2023), and a 12.41% increase year-over-year (Q3 2022).
What is Sportradar Group’s revenue growth rate?
Sportradar Group's revenue growth rate for the last 3 years (2021-2023) was 53.18%, and for the last 5 years (2019-2023) was 125.98%.
What are Sportradar Group’s revenue streams?
Sportradar Group's revenue streams in c 23 are Sports Solutions, Betting data / Betting entertainment tools, Managed Betting Services ("MBS"), Betting revenue, and Other revenue. Sports Solutions generated $36.8M in revenue, accounting 6.17% of the company's total revenue, up 9.08% year-over-year. Betting data / Betting entertainment tools generated $278.16M in revenue, accounting 46.61% of the company's total revenue Managed Betting Services ("MBS") generated $175.86M in revenue, accounting 29.47% of the company's total revenue Betting revenue generated $50.63M in revenue, accounting 8.48% of the company's total revenue, up 70.26% year-over-year. Other revenue generated $55.35M in revenue, accounting 9.27% of the company's total revenue
What is Sportradar Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Sportradar Group was Betting data / Betting entertainment tools. This segment made a revenue of $278.16M, representing 46.61% of the company's total revenue.