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Kambi revenue rises 23% as third-quarter profitability improves

By FairDealer November 4, 2026 1 min read Updated / November 4, 2026

Kambi Group reported stronger revenue and profitability for the third quarter of 2026 as operator activity and new commercial agreements supported its sportsbook technology business. Revenue increased 23% year on year to €46 million. The Ka

Abstract sportsbook quarterly chart with rising revenue bars

Kambi Group reported stronger revenue and profitability for the third quarter of 2026 as operator activity and new commercial agreements supported its sportsbook technology business. Revenue increased 23% year on year to €46 million.

The Kambi report showed gross profit of €37.2 million, up 16%, although the gross margin declined to 80.9% from 85.8%. Revenue for the first nine months reached €135.4 million, an increase of 13.5%.

Adjusted EBITA before acquisition amortisation rose to €7.9 million from €3 million. Investing.com reported that Kambi narrowed its full-year adjusted EBITA guidance to €26 million from a previous range of €23 million to €27 million.

The company said operator trading margin reached 11.9%, its second-highest quarterly result. SoloAzar linked the quarter to both improved sportsbook performance and new strategic partnerships.

Kambi also announced a ten-year agreement with Station Casinos to provide sportsbook technology in Nevada. The long contract adds a significant US partner while the company continues to diversify revenue across its network and modular betting products.