Key Highlights

  • Genius Sports (NYSE:GENI) is due to report third quarter 2026 results on November 5, 2026, after guiding to Revenue of about USD 260 million and adjusted EBITDA of about USD 85 million.
  • Second quarter 2026 revenue was USD 195.5 million, up 64.7%, and adjusted EBITDA was USD 52.6 million, up 54%, helped by the Legend acquisition.
  • Net loss widened to USD 76.7 million from USD 53.9 million, while published market data lists a 1 year EPS change of 110.37%, which does not match that direction.
  • Full year 2026 guidance was raised to revenue of USD 1.005 billion to USD 1.025 billion and adjusted EBITDA of USD 285 million to USD 295 million.

Third Quarter Preview: What Guidance Sets Up

Genius Sports (NYSE:GENI) provides data, technology and content to sports leagues, sportsbooks and media companies, with customers that include the NFL, English Premier League, DraftKings and FanDuel. It will report on November 5, 2026 and has guided to third quarter revenue of about USD 260 million, which is about 33% above the second quarter, simple arithmetic. Guided adjusted EBITDA of about USD 85 million implies a Margin near 33%, also simple arithmetic. This is a preview, as results are not yet reported. No verified options-implied move or consensus figure was found, so none is given, and the guidance figures are company expectations, not analyst estimates.

The 110.37% EPS Figure and the Base Effect

The 110.37% 1 year EPS change is published market data and is unverified. Reported GAAP results do not support a simple reading: the second quarter net loss widened to USD 76.7 million, driven by USD 28.9 million of Legend transaction expenses, USD 13.8 million of net interest expense and a USD 8.0 million loss on contingent consideration remeasurement. A growth rate from a negative or shifting base can look extreme, and an adjusted or trailing measure may differ from GAAP, so the figure should not be taken as proof of profit growth. The Legend Acquisition lifted media technology revenue by 192.8% to USD 78.2 million in the second quarter, while betting technology, content and services revenue rose 27.5% to USD 117.4 million, so much of the growth is acquired rather than organic.

Debt, Cash and Event Risk Ahead of November 5

Cash was USD 155.1 million at June 30, 2026, down from USD 280.6 million at December 31, 2025, and total Debt was about USD 785.3 million after a USD 825 million long-term debt issuance in the first half. The company expects year end cash near USD 260 million. After the quarter it announced partnerships with Polymarket and Kalshi. Results can move a stock either way, and guidance depends on sportsbook customers, regulation and integration of Legend. Adjusted EBITDA margin was 26.9% in the second quarter, down from 28.8% a year earlier, so margin delivery against the roughly 33% implied for the third quarter is a clear test. The company raised full year guidance in August, which raises the bar for the report.

Where Things Stand

Not on the evidence available. The 110.37% EPS figure is unverified and conflicts with a wider GAAP loss in the second quarter, so it should not be treated as confirmed Earnings growth. Genius Sports (NYSE:GENI) does show fast revenue growth, raised guidance and strong adjusted EBITDA, but that is helped by an acquisition and financed with debt. The November 5, 2026 report will show whether revenue near USD 260 million and adjusted EBITDA near USD 85 million were met, and what happens to net loss, cash and debt.