Super Group announced an impressive revenue growth of 18% to $612 million for Q1 2026, as per their unaudited financial results released on May 11. The company also reported a remarkable 36% increase in adjusted EBITDA, alongside record figures in revenue, monthly active users (MAU), deposits, and bets.
In a strategic shift, Super Group changed its segment reporting from a product-based approach (including iGaming operator Betway and online casino Spin) to a geographical one, focusing on the African segment and the international segment. Here are the key highlights:
- Q1 2026:
- $612 million β revenue (18% YoY)
- $152 million β adjusted EBITDA (36% YoY)
- 25% β adjusted EBITDA margin
- $86 million β profit for the period (up from $59 million YoY)
- $122 million β profit before tax (up from $89 million YoY)
- 6.4 million β MAU (18% YoY)
- $422 million β cash at the end of the period (down from $513 million on December 31, 2025)
- $152 million β shareholder payouts for the quarter ($213 million for 12 months)
Africa Segment:
- $267 million β revenue (33% YoY)
- $190 million β online casino revenue (41% YoY)
- $77 million β betting vertical revenue (17% YoY)
- $98 million β adjusted EBITDA (up from $80 million YoY)
- 44% β share of total revenue (up from 39% YoY)
International Segment:
- $339 million β revenue (9% YoY)
- $299 million β online casino revenue (11% YoY)
- $38 million β betting vertical revenue (5% YoY)
- $195 million β North and South America (5% YoY)
- $113 million β Europe (18% YoY)
- $31 million β other regions (7% YoY)
- $73 million β adjusted EBITDA (up from $58 million YoY)
For FY2026, Super Group has confirmed its revenue forecast of over $2.55 billion and adjusted EBITDA exceeding $680 million. Additionally, in Q1 2026, the group completed the buyout of the sportsbook platform from its long-term technology partner Apricot with a final tranche of $28 million after receiving regulatory approvals in February 2026. According to Super Group's press release from May 2024, the base deal amount was β¬140 million, excluding potential additional payments upon meeting certain conditions.