Kambi Remains Optimistic After 23% Q3 Revenue Growth

Sports betting technology provider Kambi reported a strong third quarter, with revenue up 23% year-on-year to EUR 46 million ($51.7 million) and adjusted EBITA more than doubling. The company also narrowed its full-year earnings guidance, citing improved profitability despite challenges in some jurisdictions. It remains to be seen whether Kambi can achieve sustained growth amid increasingly challenging regulatory conditions in key markets. Diversification Efforts Paid Off Revenue in the first nine months of 2026 was EUR 135.4 million ($152.2 million), up 13.5% from EUR 119.3 million ($134.1 million) during the same period in 2025.