SRAD on Nasdaq

Sportradar

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

Swiss multinational sports data services company

Sportradar AG is a Switzerland-based sports technology company. The company provides sports data services for national and international sports federations, media outlets, and bookmakers.3 It employed 1,900 people.1 Its shares trade on Nasdaq under the symbol SRAD.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 20, 2026.

Overview

1.3BRevenue, fiscal 20256
100.3MNet income, fiscal 20256
Aug 2000Founded1

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  • TickerSRAD on Nasdaq1
  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersSt. Gallen1
  • Founded inTrondheim1
  • Websitesportradar.com
  • Legal formAktiengesellschaft1
  • Incorporated inSwitzerland7
  • Business addressFeldlistrasse 2, St. Gallen, V8 Ch-90007
  • Filer categoryLarge accelerated filer7
  • LEI391200U6TZE68CJAXY774
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressFeldlistrasse 2, 9000 St. Gallen, Switzerland4
  • Registered withMinistry of Justice, CHE-113.910.1424

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Sportradar AG is a Switzerland-based sports technology company. The company provides sports data services for national and international sports federations, media outlets, and bookmakers.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.

Key numbers, fiscal 2025

7.8%Net margin6
16.6%Revenue growth, 20256
10.3%Return on equity6
0.05×Debt to equity6
398.1M EURFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue15¢190.9M EUR
  • Other costs69¢893.7M EUR
  • Interest7¢86.5M EUR
  • Income tax1¢18.4M EUR
  • Profit8¢100.3M EUR

Out of 1.3B EUR in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending1¢4.9M EUR
  • Share buybacks26¢105.2M EUR
  • Kept or used elsewhere73¢292.9M EUR

Out of 403.0M EUR of cash from operations.6

Financial statements

Revenue89101161.3B EUR in 2025+239% since 2019
0500.0M EUR1.0B EUR1.5B EUR2019: 380.4M EUR380.4M EUR20192020: 404.9M EUR404.9M EUR2020+6%2021: 561.2M EUR561.2M EUR2021+39%2022: 730.2M EUR730.2M EUR2022+30%2023: 877.6M EUR877.6M EUR2023+20%2024: 1.1B EUR1.1B EUR2024+26%2025: 1.3B EUR1.3B EUR2025+17%
Net income8910116100.3M EUR in 2025+760% since 2019
050.0M EUR100.0M EUR150.0M EUR2019: 11.7M EUR11.7M EUR20192020: 14.8M EUR14.8M EUR2020+27%2021: 12.8M EUR12.8M EUR2021−14%2022: 10.5M EUR10.5M EUR2022−18%2023: 33.9M EUR33.9M EUR2023+223%2024: 33.6M EUR33.6M EUR2024−1%2025: 100.3M EUR100.3M EUR2025+198%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenue1.3B EUR1.1B EUR877.6M EUR
Personnel expenses-402.2M EUR-349.7M EUR-326.0M EUR
Sport rights expenses (including amortization of capitalized sport rights licenses)-404.3M EUR-352.4M EUR-214.2M EUR
Purchased services-190.9M EUR-175.6M EUR-151.7M EUR
Other operating expenses-146.0M EUR-93.5M EUR-89.4M EUR
Internally-developed software cost capitalized46.7M EUR50.0M EUR28.3M EUR
Depreciation and amortization (excluding amortization of capitalized sport rights licenses)-67.0M EUR-50.8M EUR-46.3M EUR
Impairment loss on trade receivables, contract assets and other financial assets-9.4M EUR-5.7M EUR-6.2M EUR
Share of loss of equity-accounted investees0 EUR-3.7M EUR
Loss on disposal of equity-accounted investee0 EUR-13.6M EUR
Impairment loss on goodwill and intangible assets-935.0K EUR-167.0K EUR-9.9M EUR
Foreign currency gains (losses), net78.8M EUR-38.2M EUR23.2M EUR
Finance income10.5M EUR11.0M EUR12.8M EUR
Finance cost-86.5M EUR-78.9M EUR-33.7M EUR
Net income before tax118.8M EUR22.6M EUR47.2M EUR
Income tax (expense) benefit-18.4M EUR11.1M EUR-12.6M EUR
Profit for the year from continuing operations100.3M EUR33.6M EUR34.6M EUR
Loss from discontinued operations, net of tax0 EUR-751.0K EUR
Profit for the year100.3M EUR33.6M EUR33.9M EUR
Remeasurement of defined benefit liability-1.2M EUR-141.0K EUR-874.0K EUR
Related deferred tax income187.0K EUR26.0K EUR130.0K EUR
Items that will not be reclassified subsequently to profit or (loss)-987.0K EUR-115.0K EUR-744.0K EUR
Foreign currency translation adjustment attributable to the owners of the Company-19.6M EUR11.1M EUR-3.7M EUR
Foreign currency translation adjustment attributable to non-controlling interests-105.0K EUR188.0K EUR-37.0K EUR
Total Items that may be reclassified subsequently to profit or (loss)-19.7M EUR11.3M EUR-3.7M EUR
Other comprehensive (loss) income for the year, net of tax-20.7M EUR11.2M EUR-4.4M EUR
Owners of the Company100.3M EUR34.1M EUR34.7M EUR
Non-controlling interests2.0K EUR-538.0K EUR-761.0K EUR
Owners of the Company79.7M EUR45.1M EUR30.3M EUR
Non-controlling interests-103.0K EUR-350.0K EUR-798.0K EUR
Total comprehensive income for the year79.6M EUR44.8M EUR29.5M EUR

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Corporate structure

Sportradar sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Sportradar

  • T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G/A on Sportradar, latest Aug 14, 2026 (2 filings since Feb 17, 2026)
  • SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G on Sportradar, latest Aug 11, 2026
  • Radcliff SR I LLC Filed SCHEDULE 13G/A on Sportradar, latest Aug 14, 2025 (2 filings since Feb 2, 2022)
  • Carsten Koerl Filed SCHEDULE 13G/A on Sportradar, latest Jul 18, 2025 (2 filings since Feb 10, 2022)
  • Technology Crossover Management IX, Ltd. Filed SCHEDULE 13G/A on Sportradar, latest Jul 18, 2025 (3 filings since Feb 14, 2022)
  • CANADA PENSION PLAN INVESTMENT BOARD Filed SCHEDULE 13G/A on Sportradar, latest May 14, 2025 (4 filings since Feb 14, 2022)
  • Sportradar St. Gallen, Switzerland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sportradar reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)61.1M EUR6 Dec 31, 202546.4M EUR6 Dec 31, 2024+31.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents365.3M EUR6 Dec 31, 2025348.4M EUR6 Dec 31, 2024+4.9%

Leadership

Who has led Sportradar, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Carsten Koerl2026–now

Chief financial officer

  1. Craig Felenstein2026–now

Chief operating officer

  1. Sameer Deen2026–now
20052010201520202025
Board members and other officers (7)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Dec 3, 2013Acquired Sportradar US1

Former names

  • Sportradar Holding AGMay 7, 2021 to Jun 17, 20217
  • Sportrader Holding AGFeb 19, 2021 to Feb 19, 20217

Timeline

  1. Mar 18, 2026New chief executive Carsten Koerl becomes CEO12
  2. Aug 2000Founded Founded in Trondheim1

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.08 a share, on Nov 5, 2025.21

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

152 filings to the SEC since October 2021: 5 annual reports, 46 insider forms, 14 large holders, 87 other. The latest 20:

  1. Oct 15, 2026144 EDGAR
  2. Oct 9, 20264 OWNERSHIP DOCUMENT EDGAR
  3. Oct 7, 20266-K EDGAR
  4. Aug 14, 2026SCHEDULE 13G/A EDGAR
  5. Aug 11, 2026SCHEDULE 13G EDGAR
  6. Aug 3, 20266-K EDGAR
  7. Jul 2, 20264 OWNERSHIP DOCUMENT EDGAR
  8. Jul 1, 20264 OWNERSHIP DOCUMENT EDGAR
  9. Jun 11, 20264 OWNERSHIP DOCUMENT EDGAR
  10. Jun 3, 20264 OWNERSHIP DOCUMENT EDGAR
  11. May 22, 20266-K EDGAR
  12. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  13. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  14. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  15. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  16. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  17. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  18. May 21, 20264 OWNERSHIP DOCUMENT EDGAR
  19. May 19, 20264 OWNERSHIP DOCUMENT EDGAR
  20. May 19, 20264 OWNERSHIP DOCUMENT EDGAR

The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 11 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 10, 2026MILLER MICHAEL CONNOLLYChief Legal OfficerSale1,500$16.50$24.8KForm 4
May 6, 2026Koerl CarstenChief Executive OfficerBuy157,801$13.49$2.1MForm 4
May 5, 2026Koerl CarstenChief Executive OfficerBuy158,000$13.40$2.1MForm 4
May 4, 2026Koerl CarstenChief Executive OfficerBuy182,000$13.38$2.4MForm 4
May 1, 2026Koerl CarstenChief Executive OfficerBuy143,000$13.23$1.9MForm 4
Apr 30, 2026Koerl CarstenChief Executive OfficerBuy111,100$13.06$1.5MForm 4
Apr 30, 2026Walder MarcDirectorBuy66,000$12.77$842.8KForm 4
Apr 30, 2026YABUKI JEFFERY WDirectorBuy10,000$12.94$129.4KForm 4
Apr 30, 2026Ramanathan RajaniDirectorBuy8,003$12.50$100.0KForm 4
Apr 30, 2026KURTZ WILLIAMDirectorBuy8,000$12.97$103.8KForm 4
Apr 30, 2026Fleet GeorgeDirectorBuy7,850$12.73$99.9KForm 4
Apr 30, 2026Bigley Deirdre MaryDirectorBuy3,940$12.57$49.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Sportradar is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSportradar Group AG2
  • CIK0001836470
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company28
  • Incorporated inSwitzerland28
  • Fiscal year endsDecember 312
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business addressFeldlistrasse 2, St. Gallen, V8 CH-90002
  • Phone49 89 2000 845 11372
  • Shares outstanding221,390,294 Class A Ordinary Shares shares; 903,670,701 Class B Ordinary Shares shares as of Dec 31, 202528
  • AuditorKPMG, Zurich, Switzerland PCAOB ID 3240; it also attests to the company’s internal control over financial reporting28
  • On EDGAR sinceFeb 19, 20212
  • Filings179 in all: 6-K (49), 4 (33), 144 (25), 3 (13), CORRESP (7), UPLOAD (7), 20-F (5), SCHEDULE 13G/A (5)2
    All 25 form types

    DRSLTR (4), FWP (4), SC 13G (4), DRS/A (3), F-1/A (3), SC 13G/A (3), 424B7 (2), ARS (2), SCHEDULE 13G (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-3ASR (1), S-8 (1)

  • Latest filingsAnnual report (20-F) Mar 27, 2026

Securities registered for trading

ClassSymbolExchange
Class A ordinary shares, nominal value CHF 0.10 per shareSRADThe Nasdaq Global Select Market

From the cover page of the 20-F filed Mar 27, 2026 (Section 12(b) of the Exchange Act).28

Sources

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