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Collects and distributes live sports data, odds and streaming used by sportsbooks, media companies and sports leagues.
Collects and distributes live sports data, odds and streaming used by sportsbooks, media companies and sports leagues.
Licenses official data and streaming rights from leagues and resells them, with its own odds and risk-management services, to bookmakers, mainly under multi-year licences, so renewals and the league rights it holds matter most. Integrity monitoring is sold to leagues. It is based in St. Gallen, Switzerland.
Moat: narrow (scale, distribution, data). Exclusive data rights deals with leagues and scale in real-time sports data are hard to replicate.
Headquarters: St. Gallen, Switzerland · Founded: 2001 · Employees: 5,090
Size Sportradar (SRAD) is a United States Information Technology company (Packaged Software) with a market value of $4.22B, the 1308th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.54 on 6 Nov 2026.
Performance Over six months the shares gained 3.8%, against +10.8% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue grew 24.7% over the last twelve months (peer median +14.5%); the operating margin is 12.9% (peer median 3.5%).
Valuation It trades at 30.2× forward earnings against a peer median of 19.3× (6th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.2 points above its cost of capital (13.1% WACC).
Backlog Backlog (remaining performance obligations) was €2.12B at 31 Dec 2025, up 14% on a year earlier — 1.6 years of trailing revenue. Backlog detail →
Short interest Short interest is 7.2% of the free float (15 Oct 2026).
Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.69B | $1.46B | $1.20B | $949M | $767M |
| Revenue growth | — | +22% | +26% | +24% | — |
| Gross profit | $359M | $307M | $247M | $181M | $127M |
| EBITDA | $702M | $561M | $453M | $310M | $245M |
| Net income | $24.8M | $113M | $36.9M | $37.5M | $11.4M |
| Free cash flow | $530M | $449M | $376M | $264M | $168M |
| Capital expenditure | $308M | $258M | $246M | $217M | $171M |
| Total debt | $67.2M | $73.8M | $48.4M | $55.4M | $24.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Sportradar SRAD | $4.22B | +4% | +25% | 13% | 30.2× | 11.3% |
| Genius Sports GENI | $1.66B | +36% | +33% | -17% | n/a | 37.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SRAD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.8% | +5.2% | 9th highest of 21 |
| 6-month return | +3.8% | +10.8% | 8th lowest of 19 |
| Distance from 52-week high | -44.0% | -22.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +24.7% | +14.5% | 7th highest of 21 |
| Operating margin | 12.9% | 3.5% | 8th highest of 21 |
| Forward P/E | 30.2× | 19.3× | 6th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 11.3% | 20.8% | 6th least demanding of 14 |
| Growth delivered (Del g) | +25.8% | +17.8% | 5th highest of 14 |
| Hurdle (Req g minus delivered) | -14.5 pp | -0.1 pp | 3rd least demanding of 14 |
| ROIC minus cost of capital | +14.2 pp | -6.4 pp | 2nd highest of 20 |
| EV / EBITDA | 5.8× | 23.5× | cheapest of 12 |
| Net debt / EBITDA | -0.2× | 0.0× | 6th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sportradar SRAD | United States | $4.22B | +4% | +25% | 13% | 30.2× | 11.3% | +25.8% |
| China National Software & Service 600536.SS | China | $4.22B | -20% | -16% | 0% | 131.0× | 49.7% | -7.3% |
| OPENLANE OPLN | United States | $4.22B | -9% | +13% | 17% | 20.7× | 11.1% | -2.4% |
| Sega Sammy 6460.T | Japan | $4.28B | +46% | +24% | 10% | 17.8× | -2.3% | +11.9% |
| Kingdee International Software 0268.HK | Hong Kong | $4.16B | +3% | +17% | 2% | 65.4× | 45.4% | +15.0% |
| Talkweb Information System 002261.SZ | China | $4.11B | -39% | +9% | 1% | n/a | n/a | n/a |
| HUB24 HUB.AX | Australia | $4.39B | -4% | +23% | 29% | 42.6× | 35.6% | +35.7% |
| Tenable TENB | United States | $4.40B | +93% | +10% | 5% | 17.8× | 30.1% | +17.8% |
| First Advantage FA | United States | $4.04B | +47% | +33% | 11% | 17.4× | 20.8% | +25.3% |
| Momenta Global 6880.HK | Hong Kong | $4.02B | n/a | +82% | -32% | n/a | n/a | n/a |
| Kinaxis KXS.TO | Canada | $4.01B | +35% | +16% | 18% | 30.9× | 12.9% | +20.6% |
| Kingsoft 3888.HK | Hong Kong | $4.46B | +4% | 0% | 14% | 15.1× | -5.8% | +10.8% |
| BILL BILL | United States | $4.50B | +25% | +13% | 1% | 13.7× | 36.5% | +47.3% |
| Maase MAAS | United States | $4.51B | +7% | -84% | -16% | n/a | n/a | n/a |
| DLocal DLO | United States | $3.94B | +2% | +57% | 18% | 14.4× | 2.4% | +60.0% |
| Magnite MGNI | United States | $3.93B | +94% | +8% | 16% | 20.9× | 31.9% | +26.4% |
| CCC Intelligent Solutions CCC | United States | $4.54B | +50% | +11% | 18% | 15.1× | 11.2% | +10.8% |
| RXO RXO | United States | $4.55B | +27% | +10% | 0% | 53.0× | n/a | n/a |
| HeartFlow HTFL | United States | $4.56B | +15% | +40% | -34% | n/a | n/a | n/a |
| Planet Labs PBC PL | United States | $4.57B | -68% | +44% | -26% | n/a | n/a | n/a |
| Beijing DeepZero Technology 2723.HK | Hong Kong | $4.58B | n/a | +31% | 1% | n/a | n/a | n/a |
Sportradar reported €2.12B of remaining performance obligations at 31 Dec 2025, up 14% from a year earlier. That is 1.6 years of trailing revenue already under contract.