Coinbase has missed revenue expectations by generating $1.4 billion in Q1 2026, representing a 31% drop year-on-year.Net losses for the quarter amounted to $394 million,...
Super Group posts all-time high Q1 revenue with $612M
Super Group published its Q1 2026 results, revealing that the company reached a record-breaking Q1 revenue of $612 million, up 18% year-on-year.
Talking about adjusted EBITDA, the company earned $152 million, a 36% rise as a result of growth in multiple markets. Additionally, the number of monthly active users jumped to 6.4 million, representing an 18% increase.
The two segments of the company, Africa and International, posted strong results as well. Revenue in Africa increased by 33% to $267 million, with iGaming accounting for $190 million of the total, while sports betting revenue generated $77 million, showing a 17% rise.
International revenue was also up, comprising $339 million in total, a 9% increase compared to 2025’s Q1. Despite sports betting revenue declining by 5% to $38 million, iGaming revenue rose by 11% to $299 million.
CEO Neal Menashe commented:
“Our performance reflects the strength of our strategy, the power of our brands, and the discipline of our team. We also strengthened our leadership team with key appointments, reinforcing our commitment to operational excellence and accelerated growth. With a highly stable casino business, fortified sports trading capabilities ahead of the World Cup, and strong momentum across regions, we believe that Super Group is well positioned for the remainder of 2026.”
Based on FY2026 guidance, the group is set to generate $2.55 billion in revenue and over $680 million in adjusted EBITDA.
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