Super Group Q3 Revenue Hits $611 Million with Profit Growth Despite Customer-Friendly Sports Results
Super Group posted Q3 2026 revenue of $611 million, up 10% YoY, with net profit at $142 million and adjusted EBITDA at $165 million. Monthly active users hit 6 million. Customer-friendly sports results prompted lowered full-year revenue guidance to $2.525-2.575 billion while EBITDA outlook held steady.
SCCG Take — Casino revenue provided a buffer against sports variance, allowing maintained EBITDA targets and a $150 million buyback. This underscores diversification benefits for operators exposed to outcome volatility.
Super Group reported group revenue of $611 million for Q3 2026. The total reflects 10 percent year-on-year growth driven by gains across Africa, America, Europe and Rest of World. Net profit climbed to $142 million from $96 million a year earlier while adjusted EBITDA rose 8 percent to $165 million.
Monthly active customers reached 6 million, up 9 percent. Cash and cash equivalents totaled $602 million at September 30, 2026, against $513 million at the end of 2025. The quarter produced $377 million in operating cash inflows, $67 million in investing outflows and $215 million in financing outflows.
Casino-Led Model Limits Sports Betting Volatility
Neal Menashe, chief executive officer, said the results show the resilience of the casino-led business model. The adjusted EBITDA increase occurred even with customer-friendly sports betting results because the casino segment absorbed the impact. The company delivered strong profitability across Africa, and International made meaningful progress across product, pricing and technology. The underlying business remains strong, and opportunities lie ahead.
Alinda van Wyk, chief financial officer, tied the guidance revision to those sports outcomes. She cited ongoing flexibility and investment in organic and strategic opportunities as reasons for long-term optimism. As reported by Gambling News, Super Group now expects full-year revenue between $2.525 billion and $2.575 billion with adjusted EBITDA between $700 million and $720 million. Directors approved a $150 million share buyback running through December 2027.
Guidance Revision Signals Outcome Sensitivity
The narrowed revenue range at midpoint marks a slight reduction from prior expectations while the EBITDA corridor stays largely intact. This pattern identifies the precise channel where variance appeared and shows how non-sports operations buffered the effect. Operators will track whether fourth-quarter sports margins revert or require further adjustment to the annual run rate.
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