SRAD earnings
Analysis, not adviceThis print
3 Aug 2026Q2 FY26graded 3 Aug 2026
cons 0.07 EPS / 0.44B rev
Next scheduled print 4 Nov 2026. Nothing on this page is about that print yet.
What the desk tested
Explicit conditions that would change the desk’s view, graded against the transcript below.
Bull condition triggered: World Cup Q2 uplift ≥20% YoY combined in Marketing & Media Services + MTS turnover, paired with sport rights expense ratio visibly declining toward ≤33% — confirms management…
Bull condition triggered: Prediction market commercial agreement announced (any named partner — MLB, NHL, MLS, UFC, exchange, or market maker) before or on the Q2 call — converts Koerl's "very soon" l…
＋4 more criteria on the desksign up freeFrom the desk's pre-read · 3 Aug 2026
SRAD is scheduled to report Q2 2026 earnings on 2026-08-03; consensus stands at $0.07 EPS · $0.44B revenue (per FMP).
＋1 more — the full pre-read is on the desksign up freeThe desk's graded verdict
wobblinggraded 3 Aug 2026
FAILSport Rights Step-Down below 33% of revenue
“"Sport rights expenses... 137,752" / "Revenue... 377,815" (137,752/377,815 = 36.5%) · press release financial tables”
UNRESOLVEDWorld Cup Revenue Inflection ≥20% combined MMS + MTS uplift
“Marketing & Media Services... 47,413... 16%”
This page shows one print. The desk has published work on 1 earlier print of SRAD.
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.