Super Group Lifts FY2026 Outlook on Record Q2 Revenue and Profit
SGHC sits 65% above its 52-week low of $8.46.
Summary
Super Group reported record Q2 2026 results with $684M revenue and $123M profit, raised full-year guidance, and announced a Manchester United partnership.
Key Events · Earnings and Guidance · SGHC
-
Record Q2 Revenue and Profit
Revenue rose 18% YoY to $684M, driven by Africa and Europe. Profit was $123M vs. a $3M loss in Q2 2025, which included $63.9M in impairment charges.
-
Adjusted EBITDA Surges 30%
Adjusted EBITDA hit $204M with a 30% margin, up from $157M a year ago, reflecting operating leverage and disciplined execution.
-
FY2026 Guidance Raised
Total Revenue guidance lifted to >$2.6B (from >$2.55B) and Adjusted EBITDA to >$710M (from >$680M), signaling confidence in continued growth.
-
Manchester United Partnership
Betway secured a landmark partnership with Manchester United, strengthening global brand presence and growth ambitions.
Analysis · SGHC · Trade & Services
Super Group posted its strongest quarter to date, with revenue climbing 18% to $684 million and profit swinging from a $3 million loss a year ago to $123 million. Adjusted EBITDA jumped 30% to $204 million, expanding margins to 30%. The company raised full-year guidance for both revenue and EBITDA, signaling confidence in sustained momentum. A landmark partnership with Manchester United adds brand firepower, while $548 million in cash and $218 million in 12-month capital returns underscore financial strength. This is a clear beat-and-raise quarter that materially improves the investment thesis.
At the time of this filing, SGHC was trading at $13.94 on NYSE in the Trade & Services sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $8.46 to $15.86. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.