BetMakers reports second quarter revenue of $22.9 million
BetMakers Technology Group reported Q2 FY26 revenue of A$22.9 million, up 14.1% year-on-year, with gross profit rising 23.1% and gross margin improving to 66.4%.
The company delivered A$2.7 million in positive adjusted EBITDA, its fourth consecutive profitable quarter on this metric, highlighting the operating leverage of its technology-led model and a more resilient financial footing even through the seasonally weakest period.
Strategic momentum was reinforced by three major deals: a multi-year global racing agreement with Stake.com to power its international horse racing offering, an exclusive five-year technology and services partnership to relaunch CrownBet in Australia using BetMakers’ full wagering stack, and a renewed and expanded three-year exclusive content distribution agreement with PENN Entertainment, which is expected to lift annual EBITDA through lower cost of goods.
These contracts deepen BetMakers’ role as a core infrastructure provider to leading operators and are expected to support further earnings growth in the second half as contributions from the new agreements begin to flow through.