Genius Sports (GENI) financial statements
Genius Sports reported revenue of $669M in fiscal 2025, up 34.2% a year over 6 years.
Net income was -$112M and the operating margin -22.6%, against -31.6% in 2019.
Free cash flow was $65M.
The diluted share count rose 272% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Genius Sports's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $115M | $150M | $263M | $341M | $413M | $511M | $669M |
| Cost of revenue | $89M | $114M | $476M | $338M | $344M | $382M | $516M |
| Gross profit | $25M | $36M | -$213M | $3M | $69M | $129M | $154M |
| Research and development | $13M | $11M | $27M | $30M | $26M | $25M | $31M |
| Selling, general and admin | $47M | $45M | $320M | $154M | $115M | $160M | $264M |
| Operating income | -$36M | -$21M | -$573M | -$183M | -$74M | -$59M | -$151M |
| Pre-tax income | -$46M | -$29M | -$604M | -$183M | -$83M | -$66M | -$118M |
| Income tax | -$5M | $2M | -$12M | $2M | $5M | $509,000 | -$2M |
| Net income | -$40M | -$30M | -$593M | -$182M | -$86M | -$63M | -$112M |
| EPS (diluted) | -$1.00 | -$0.89 | -$3.79 | -$0.85 | -$0.38 | -$0.27 | -$0.44 |
| Diluted shares | 68M | 70M | 151M | 199M | 226M | 230M | 255M |
| Gross margin | 22.1% | 23.8% | -81.2% | 0.8% | 16.7% | 25.2% | 23.0% |
| Operating margin | -31.6% | -14.0% | -218.2% | -53.6% | -18.0% | -11.5% | -22.6% |
| Net margin | -35.1% | -20.3% | -225.6% | -53.3% | -20.7% | -12.3% | -16.7% |
Balance sheet
Fiscal years, from Genius Sports's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $12M | $222M | $123M | $100M | $110M | $281M |
| Receivables | $18M | $25M | $49M | $33M | $71M | $85M | $130M |
| Inventory | $281,000 | $384,000 | $530,000 | $283,000 | $347,000 | $482,000 | $284,000 |
| Total current assets | $39M | $61M | $325M | $237M | $245M | $289M | $550M |
| Property, plant and equipment | $5M | $5M | $14M | $13M | $12M | $19M | $32M |
| Goodwill | $193M | $201M | $346M | $310M | $326M | $326M | $338M |
| Total assets | $375M | $391M | $887M | $773M | $776M | $792M | $1.1B |
| Total current liabilities | $55M | $85M | $153M | $171M | $183M | $202M | $353M |
| Long-term debt | $73M | $83M | $65,000 | $7M | $19,000 | — | — |
| Total liabilities | $138M | $180M | $181M | $197M | $203M | $220M | $406M |
| Shareholders' equity | -$81M | -$139M | $706M | $577M | $573M | $572M | $724M |
| Net debt | $65M | $81M | -$222M | -$108M | -$93M | -$110M | -$281M |
Cash flow
Fiscal years, from Genius Sports's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $2M | $17M | -$63M | -$3M | $15M | $82M | $86M |
| Capital spending | $3M | $1M | $6M | $6M | $4M | $12M | $22M |
| Free cash flow | -$725,000 | $16M | -$70M | -$9M | $11M | $70M | $65M |
| Stock-based compensation | — | — | $489M | $90M | $35M | $54M | $149M |
| Free cash flow margin | -0.6% | 10.4% | -26.5% | -2.8% | 2.7% | 13.6% | 9.6% |
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Open GENI in InvestinglyQuestions
What was Genius Sports's revenue in 2025?
$669M in fiscal 2025, from its 10-K filing.
How much free cash flow does Genius Sports generate?
$65M in fiscal 2025 (operating cash flow minus capital spending).
From Genius Sports's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.