Sportradar Group AG Q1 2026 Financial Results and Share Repurchase Program

Sportradar Group AG reported its first quarter 2026 financial results, with revenue increasing by 11% to €347 million. The company experienced a loss of €6 million for the period. Adjusted EBITDA rose by 12% to €66 million, with an improved margin of 19.0%. Net cash from operating activities was €109 million, and free cash flow increased by 38% to €44 million. The company announced an enhanced open market share repurchase program of up to $250 million, as part of its existing $1 billion plan. Additionally, Sportradar announced the appointment of Sameer Deen as Chief Operating Officer, effective May 18, 2026. The company reiterated its full-year 2026 outlook, expecting revenue growth of 23-25% and Adjusted EBITDA growth of 34-37% on a constant currency basis.