Genius Sports LtdGENI

Genius Sports Ltd is a B2B data and technology provider for the sports industry, selling live-tracking feeds, AI-enhanced highlights, and fan-engagement tools to leagues, teams, and media companies. Its latest annual filing shows $669.5 million in revenues for 2025, but also a net loss of $111.6 million and an operating loss of $151.3 million. The company’s cash pile stood at $280.6 million at year-end, while operating cash flow was $86.4 million. R&D spend was $31.1 million, and the diluted loss per share was $0.44 on 254.8 million shares. Inventories were a mere $284,000-less than the price of a single substitute appearance in the Premier League and roughly the cost of a board away-day sandwich platter. The company’s 20-F filing for the year ended 31 December 2025 (published 2026-05-07) confirms the headline figures.

The polished product story on the company’s website highlights AI-driven sports broadcasting solutions used by teams like the LA Rams to create data-driven highlights and by FIBA for tracking at the U19 World Cup. GeniusIQ is pitched as a path to richer fan experiences and new monetisation, but the cash collected from customers has yet to catch up with the demo reels. The company’s own risk factors list-contained in the 20-F-admits that failure to renew or expand relationships or even simple negligence by contracted statisticians could derail revenue, while changes in domestic or foreign laws could crimp growth. The filing also cautions that fraud, corruption, or negligence tied to live sports events could threaten contracts. The numbers are real; the platform vision is aspirational.

Genius Sports’ latest 13G filings show a rotating cast of passive investors and institutions holding shares, with no blockbuster insider buy or buyback programme to offset dilution. The company’s diluted loss per share was $0.44, and cash used in investing activities last year was $21.9 million-mostly spent on property and equipment rather than buying back shares. The management spectacle is set, the PowerPoint is polished, but the cash register remains stubbornly silent. The company’s SEC filing index lists the latest 13G/A and 6-K items, including the May 2026 6-K that confirmed the financial year-end and the May 2026 13G/A that updated ownership.

The company’s assets stood at $1.13 billion against liabilities of $405.8 million at year-end, leaving $724.5 million in equity. The balance sheet is intact, but the income statement is still in extra time. The latest 4 filing and company facts JSON confirm the statutory details and ownership structure. The product pages and case studies-such as GeniusIQ at FIBA and AI-powered highlights for the LA Rams-demonstrate the technology in action, but the financial translation is lagging behind the marketing rollout. The company’s own risk disclosures in the 20-F make clear that revenue is tied to long-term league and team contracts, which are subject to renewal risk and regulatory change. The filing also flags risks related to fraud, corruption, or negligence by employees or contracted statisticians, and changes in domestic and foreign laws and regulations or their interpretation.

For readers who like their sports data served with a side of scepticism, the gap between GeniusIQ’s pitch deck and Genius Sports’ bank balance is now wider than a centre-circle at kick-off. The company’s cash flow from operations was $86.4 million, which is healthy relative to many tech start-ups but modest relative to the $669.5 million in revenues booked. The company’s latest product and brand pages showcase AI-driven fan engagement tools like Trend Genius (powered by X) and case studies from the LA Rams and FIBA, but the filings show that the cash collected from these customers hasn’t yet caught up with the slideware. The SEC filings and product pages are the primary sources for this story; investor sentiment, analyst estimates, and secondary market price moves are not supplied in the evidence and therefore remain outside this report.

The company’s latest 6-K and 20-F disclosures do not include segment-level profitability, free-cash-flow figures, or forward guidance. The evidence therefore does not establish whether any single customer, sport, or geography drives the majority of revenue, nor whether the company’s AI investments are generating the expected returns. Until segment-level cash flow or margin data are disclosed, the translation from product demo to profit remains an open question. The product pages and case studies are useful for colour but do not substitute for statutory disclosures. The latest SEC submissions JSON and companyfacts JSON on EDGAR provide a consolidated view of filings, but do not add new financial line items beyond those already cited.