Genius Sports reported fourth quarter results that missed earnings expectations while revenue exceeded analyst estimates on Wednesday.

The company’s shares were down 5.56% in pre-market trading following the announcement.

The sports data and technology company posted a fourth quarter loss of -$0.08 per share, significantly worse than the analyst consensus of $0.04. 

However, revenue of $240.5 million beat expectations of $227.14 million and increased 37% YoY from $175.5 million in the prior year period. The company’s adjusted EBITDA reached $48.3 million, up 49% YoY, with margins expanding 170 basis points to 20.1%.

For the full year 2025, Genius Sports generated revenue of $669.5 million, up 31% YoY, with adjusted EBITDA of $136.2 million, representing 59% growth and a 20.4% margin. 

The company’s net loss widened to $111.6 million from $63.0 million in 2024, primarily due to increased stock-based compensation related to NFL warrants and one-time equity awards.

“2025 was a year of accelerated Group Revenue growth and record Group Adj. EBITDA for Genius Sports,” said Mark Locke, Co-Founder and CEO. “Our Betting business continues to outpace the broader industry, while our Media business is reaching a clear inflection point.”