Sportradar Group (SRAD) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$859.63M17.73%
2022-12-31$730.19M30.11%
2021-12-31$561.20M38.59%
2020-12-31$404.92M6.45%
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

DateRevenueChange
2024-03-31$267.46M8.68%
2023-12-31$246.11M22.42%
2023-09-30$201.04M-7.11%
2023-06-30$216.43M4.27%
2023-03-31$207.56M0.62%
2022-12-31$206.29M15.35%
2022-09-30$178.84M0.93%
2022-06-30$177.19M5.55%
2022-03-31$167.88M10.18%
2021-12-31$152.37M11.41%
2021-09-30$136.76M-4.76%
2021-06-30$143.60M100.00%
2021-03-31--100.00%
2020-12-31$108.03M2.60%
2020-09-30$105.29M28.10%
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/ServiceDec 23Dec 22Dec 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

CountryDec 23Dec 22Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
ENVEnvestnet$1.25B$340.38M
GWREGuidewire Software$980.50M$240.68M
PCORProcore$950.01M$295.88M
SRADSportradar Group$859.63M$267.46M
PYCRPaycor HCM$654.95M$167.48M
ETWOE2open Parent$634.55M$151.16M
APPFAppFolio$620.45M$205.73M
INSTInstructure$530.21M$173.16M
BRZEBraze$471.80M$145.50M
CWANClearwater Analytics$368.17M$115.83M
MLNKMeridianLink$303.62M$80.37M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M
AMSWAAmerican Software$102.52M$26.19M
CCRDCoreCard$56.00M$15.70M

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.