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Kambi raises full-year EBITA outlook after 23% Q3 revenue growth

Kambi’s Q3 revenue increased 23% to €46m and adjusted EBITA rose 161% to €7.9m, prompting the sportsbook supplier to set its 2026 outlook at around €26m.

Nov 4, 2026 2 min read

Kambi Group reported third-quarter revenue of €46.0 million, up 23% year on year. Adjusted EBITA increased 161% to €7.9 million, while operating profit rose to €5.1 million from €1.6 million in Q3 2025.

The supplier updated its full-year adjusted EBITA guidance to approximately €26 million, compared with its previous range of €23 million to €27 million. Locally regulated markets accounted for 98.5% of sportsbook turnover during the quarter, underlining the importance of licensed-market exposure to its business.

Partner network and AI trading

Kambi highlighted a ten-year omnichannel sportsbook and player-account-management partnership with Station Casinos in Nevada, alongside agreements with Pure Casino Entertainment, QuinnBet and RETABET. It also said 85% of bets across its network were being traded through its AI system.

The report points to growth from partner launches and technology deployment, while management noted that Brazil’s online gambling ban removes longer-term growth potential in that market. For operators, the results offer a snapshot of supplier capacity, regulated-market coverage and the increasing role of automated trading.

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