Sportradar Files Its Annual Report on Form 20-F

Rhea-AI Summary

Sportradar (Nasdaq: SRAD) filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the SEC on March 27, 2026. The report and audited consolidated financial statements are available online and a paper copy will be provided free to shareholders upon request.

Shareholders may request a paper copy by emailing investor.relations@sportradar.com or by post to Sportradar Group AG, Feldlistrasse 2, 9000 St. Gallen, Switzerland. The filing is accessible via the company's investor website or the SEC website.

AI-generated analysis. Not financial advice.

News Market Reaction – SRAD

-4.72%

1 alert

-4.72% News Effect

On the day this news was published, SRAD declined 4.72%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Class A shares: 221,390,294 shares Class B shares: 903,670,701 shares 2025 revenue: €1,290 million +5 more

8 metrics

Class A shares 221,390,294 shares Outstanding as of year-end in Form 20-F

Class B shares 903,670,701 shares Outstanding as of year-end in Form 20-F

2025 revenue €1,290 million Full-year 2025 results

Adjusted EBITDA €297 million Full-year 2025, 23.0% margin

EBITDA margin 23.0% Full-year 2025 Adjusted EBITDA margin

Free cash flow €167 million Full-year 2025

Operating cash flow €403 million Full-year 2025

Buyback authorization $1 billion Expanded share repurchase plan

Market Reality Check

Price: $13.21 Vol: Volume 2,408,830 is 9% be...

normal vol

$13.21 Last Close

Volume Volume 2,408,830 is 9% below the 20-day average of 2,659,699 (relative volume 0.91x). normal

Technical Shares trade below the 200-day moving average at $24.41, reflecting a pre-existing downtrend.

Peers on Argus

SRAD is down 2.76% while key software peers are mixed to positive: OTEX +1.69%, ...

1 Down

SRAD is down 2.76% while key software peers are mixed to positive: OTEX +1.69%, CVLT +1.87%, DSGX +2.27%, PEGA +2.33%, and NICE roughly flat at -0.09%. This points to stock-specific weakness rather than a sector-wide move.

Historical Context

5 past events · Latest: Mar 26 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 26	Partnership expansion	Positive	-2.8%	Expanded Hard Rock Bet deal adding PGA TOUR and UFC official data.
Mar 24	Product launch	Positive	-1.2%	Launch of Playradar iGaming brand across key regulated markets.
Mar 17	Conference participation	Neutral	+1.4%	CFO fireside chat at the 38th Annual Roth Conference webcast for investors.
Mar 03	Earnings and buyback	Positive	-9.8%	Record 2025 results and expansion of share repurchase plan to $1 billion.
Mar 02	Integrity partnership	Positive	+7.2%	FIFA integrity agreement extended and expanded through 2031 with AI monitoring.

Pattern Detected

Recent history shows several positive strategic announcements followed by negative price reactions, with 3 divergence events versus 2 aligned moves.

Recent Company History

Over the last month, Sportradar announced multiple growth initiatives and partnerships, including the FIFA integrity extension through 2031 and an expanded Hard Rock Bet deal covering 700,000+ events annually. It also reported record 2025 revenue of €1,290 million and lifted its share repurchase authorization to $1 billion. Despite these positives, shares sold off after earnings and several product/partnership updates, while reacting favorably to the FIFA renewal and a conference participation announcement.

Market Pulse Summary

This announcement confirms Sportradar’s Form 20-F filing for the year ended December 31, 2025, makin...

Analysis

This announcement confirms Sportradar’s Form 20-F filing for the year ended December 31, 2025, making its audited IFRS financials and detailed risk factors available to investors. It follows record 2025 revenue of €1,290 million, strong cash generation, and an expanded $1 billion repurchase plan. Investors may focus on share counts across Class A and Class B stock, regulatory exposure in betting markets, and how disclosed competitive and technology risks frame future strategic updates.

Key Terms

form 20-f, ifrs, form 3, beneficial ownership, +3 more

7 terms

form 20-f regulatory

"filed its annual report on Form 20-F for the fiscal year ended"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

ifrs regulatory

"filed its annual Form 20-F, reporting under IFRS with financials in Euros."

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

form 3 regulatory

"filed a Form 3 reporting beneficial ownership of 184,120 Class A Ordinary Shares."

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"filed a Form 3 reporting beneficial ownership of 184,120 Class A Ordinary Shares."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

restricted share units financial

"7,469 Class A Ordinary Shares represented by restricted share units granted on May 15, 2025"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

dual-class share structure financial

"filed a Form 3 showing Chief Executive Officer Carsten Koerl’s initial beneficial ownership in the company’s dual-class share structure."

A dual-class share structure is when a company issues two (or more) types of stock that give different voting power: one class typicaly gives founders or insiders more votes per share while the other class, sold to public investors, has little or no voting rights. For investors this matters because it concentrates control in a small group—like a family owning a house with most of the keys—so minority shareholders may have less influence over strategy, governance and risk, which can affect long-term value and accountability.

forward-looking statements regulatory

"The company stresses that forward-looking statements are subject to numerous uncertainties"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

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ST. GALLEN, Switzerland, March 27, 2026 (GLOBE NEWSWIRE) -- Sportradar Group AG (Nasdaq: SRAD) (the “Company”) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission on March 27, 2026. The annual report on Form 20-F can be accessed on the Company’s investor relations website at https://investors.sportradar.com/financials-filings/sec-filings or on the SEC’s website at www.sec.gov.

The Company will provide a paper copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed in writing by email to investor.relations@sportradar.com or by post to Sportradar Group AG, Feldlistrasse 2, 9000 St. Gallen, Switzerland.

About Sportradar
Sportradar Group AG (Nasdaq: SRAD), founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the Company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA and WNBA, NHL, MLB, MLS, PGA TOUR, UEFA, FIFA, CONMEBOL, AFC, and the Bundesliga, Sportradar covers more than a million events annually across all major sports. With deep industry relationships and expertise, Sportradar is not just redefining the sports fan experience, it also safeguards sports through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

For more information about Sportradar, please visit www.sportradar.com

CONTACT:

Investor Relations:
Jim Bombassei
j.bombassei@sportradar.com

Media:
Sandra Lee
sandra.lee@sportradar.com

FAQ

When did Sportradar (SRAD) file its Form 20-F for fiscal 2025?

Sportradar filed its Form 20-F on March 27, 2026. According to Sportradar, the filing covers the fiscal year ended December 31, 2025 and was submitted to the SEC on that date.

Where can investors access the Sportradar (SRAD) annual report on Form 20-F?

Investors can access the Form 20-F on the company's investor relations site or the SEC website. According to Sportradar, the report is available at the investor filings page and at www.sec.gov.

How can shareholders request a paper copy of Sportradar's Form 20-F (SRAD)?

Shareholders can request a free paper copy by emailing investor.relations@sportradar.com or by postal request. According to Sportradar, mail requests should be sent to Feldlistrasse 2, 9000 St. Gallen, Switzerland.

Does the Sportradar (SRAD) Form 20-F include audited consolidated financial statements?

Yes; the annual report contains audited consolidated financial statements. According to Sportradar, shareholders can obtain the audited statements within the Form 20-F online or request a free paper copy.