Genius Sports Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Genius Sports Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	115	150	263	341	413	511	669
Cost of revenue	89.3	114	476	338	344	382	516
Gross profit	25.3	35.7	-213	2.86	69	129	154
Research and development	13.3	11.2	26.5	29.9	26.1	24.6	31.1
Selling and marketing	17.7	13.2	27.3	31.3	29.4	37.4	56.2
General and administrative	29.5	31.6	293	123	85.2	123	208
Operating expenses	61.5	56.7	360	186	143	187	305
Operating income	-36.2	-21	-573	-183	-74.2	-58.5	-151
Other non-operating income	-9.38	-7.5	-31.2	-0.41	-9.14	-7.72	33.6
Pre-tax income	-45.6	-28.5	-604	-183	-83.3	-66.3	-118
Income tax	-5.37	1.81	-11.7	1.71	5.34	0.51	-2.5
Net income	-40.2	-30.3	-593	-182	-85.5	-63	-112
EBITDA	-8.22	14	-514	-114	3.15	14	-80.8
EPS, basic	-0.95	-0.84	-3.79	-0.85	-0.38	-0.27	-0.44
EPS, diluted	-0.95	-0.84	-3.79	-0.85	-0.38	-0.27	-0.44
Shares, basic (weighted)	72.2	73.9	151	199	226	230	255
Shares, diluted (weighted)	72.2	73.9	151	199	226	230	255

Balance sheet

	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	8.23	11.8	222	123	100	110	281
Receivables	18.4	24.8	48.8	33.4	71.1	85.5	130
Inventory	0.28	0.38	0.53	0.28	0.35	0.48	0.28
Other current assets	3.28	10.6	7.3	1.67	7.33	9.9	15.3
Total current assets	38.7	61.3	325	237	245	289	550
Property, plant and equipment	4.88	5	14.4	12.9	11.6	19	32.3
Lease right-of-use assets				6.46	7.01	7.49	28.3
Goodwill	193	201	346	310	326	326	338
Intangible assets	126	115	191	149	130	116	144
Long-term investments			0	23.7	26.4	31.7	32.6
Other non-current assets	12.1	9.5	10.3	10.5	4.84	2.71	3.48
Total assets	375	391	887	773	776	792	1,130
Accounts payable	13.3	10.1	19.9	33.1	57.4	36.7	112
Accrued liabilities	21.9	35.2	55.9	57	56.3	79.2	118
Deferred revenue	16	26	29.9	44.3	44.3	73.4	97.1
Short-term debt	0.03	10.3	0.02	7.41	7.57	0.02
Total current liabilities	54.7	85.3	153	171	183	202	353
Long-term debt	73.2	82.7	0.07	7.09	0.02
Lease liabilities				3.28	3.5	4.49	25.5
Other non-current liabilities	3.81	3.59	11.1	0	0.94	0	20.3
Total liabilities	138	180	181	197	203	220	406
Total debt	73.2	93	0.09	14.5	7.59	0.02
Paid-in capital	2.39	1.72	1,462	1,569	1,646	1,700	1,992
Retained earnings	-91	-153	-757	-939	-1,024	-1,088	-1,199
Treasury stock					-17.7	-17.7	-17.7
Other comprehensive income	7.24	11.4	-0.17	-55.2	-33.1	-24.6	-53.5
Shareholders' equity	-81.4	-139	706	577	573	572	724
Total equity	-81.4	-139	706	577	573	572	724
Total liabilities and equity	375	391	887	773	776	792	1,130
Shares outstanding	1.98	1.98

Cash flow statement

	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-40.2	-30.3	-593	-182	-85.5	-63	-112
Depreciation and amortization	28	35	59.4	68.5	77.3	72.6	70.5
Stock-based compensation			489	89.8	35.3	54.5	149
Deferred income tax	-5.48	1.3	-13.4	-0.11	-0.44	-2.72	-7.07
Change in receivables	-7.41	-5.51	-25.8	8.8	-32.5	-15.9	-44.3
Cash from operations	2.49	17.1	-63.3	-3.46	14.9	81.9	86.4
Capital expenditures	-3.22	-1.46	-6.42	-5.97	-3.57	-12.3	-21.9
Acquisitions	-0.47	-3.93	-104	-0.02	0		-14.8
Cash from investing	-24.6	-22.7	-132	-54.8	-47.6	-62.7	-92.9
Stock issued	0.08						144
Cash from financing	6.93	10.1	410	-0.02	-0.6	-7.6	144
Exchange rate effect	-0.41	-0.96	-4.14
Net change in cash	-15.6	3.55	211	-63.4	-33.2	9.45	145
Free cash flow	-0.73	15.6	-69.7	-9.42	11.3	69.6	64.5
Interest paid					0.01	1.22	3.97
Income taxes paid	0.88	0.89	3.54	2.05	4.49	2.48	4.61

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $6.44 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	23.0%	Gross profit / revenue.
Operating margin	-22.6%	Operating income / revenue.
EBITDA margin	-12.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-17.6%	Pre-tax income / revenue.
Net margin	-16.7%	Net income / revenue.
FCF margin	9.6%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	12.9%	Cash from operations / revenue.
Return on equity (ROE)	-17.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-11.6%	Net income / average total assets.
Return on invested capital (ROIC)	-26.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	4.6%	Research and development expense / revenue.
Stock-based pay / revenue	22.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	3.3%	Capital expenditures / revenue.
D&A / revenue	10.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	31.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	25.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	34.9%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	19.5%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	277.4%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	34.0%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-675.8%	EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	5.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	38.3%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-7.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 5y	32.8%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	26.6%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	7.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	42.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	13.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	23.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	11.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	8.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	28.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.56x	Current assets / current liabilities.
Quick ratio	1.16x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.80x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	35.9%	Total liabilities / total assets.
Working capital	$196.8M	Current assets - current liabilities.
Goodwill and intangibles / assets	42.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$242.2M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.70x	Revenue / average total assets.
Fixed asset turnover	26.1x	Revenue / average property, plant and equipment.
Inventory turnover	1,346x	Cost of revenue / average inventory.
Days inventory	0 days	365 x average inventory / cost of revenue.
Receivables turnover	6.20x	Revenue / average receivables.
Days sales outstanding	59 days	365 x average receivables / revenue.
Days payables	53 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	6 days	Days inventory + days sales outstanding - days payables.
Capex / operating cash flow	25.3%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.44	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	-$0.44	Net income per basic share, as reported (split-adjusted).
Revenue per share	$2.63	Revenue / diluted weighted shares.
FCF per share	$0.25	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.34	Cash from operations / diluted weighted shares.
Book value per share	$2.84	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.95	Tangible book value / shares outstanding.
Cash per share	$1.10	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$1.72B	Share price x shares outstanding.
Enterprise value	$1.44B	Market cap + total debt - cash - short-term investments.
P/S	2.57x	Market cap / revenue.
P/B	2.38x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	7.12x	Market cap / tangible book value, when positive.
P/FCF	26.7x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	19.9x	Market cap / cash from operations, when positive.
EV/Sales	2.16x	Enterprise value / revenue.
EV/FCF	22.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	3.7%	Free cash flow / market cap.
Earnings yield	-6.5%	Net income / market cap (the inverse of P/E).

What was Genius Sports Ltd's revenue in fiscal 2025?

Genius Sports Ltd reported revenue of $669.5M for fiscal 2025, 31% higher than the year before.

Was Genius Sports Ltd profitable in fiscal 2025?

No. It reported a net loss of $111.6M.

How much free cash flow did Genius Sports Ltd generate in fiscal 2025?

Cash from operations of $86.4M minus capital expenditures of $21.9M left free cash flow of $64.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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