Better Collective Posts Strong Q2 Financials Thanks to NA Growth

Better Collective has published its financial report for the second quarter of the year, highlighting continued growth across all major metrics. The leadership called Q2 a strong period for the company and said that it was encouraged by the performance in North America. The Second Quarter Was a Period of Strength According to Better Collective’s report, the company’s revenue for the second quarter of the year reached EUR 89 million ($103.9 million), marking an increase of 9% year-on-year. At the same time, EBITDA before special items stood at EUR 27 million ($31.5 million), up 20% year-on-year. The EBITDA margin, on the other hand, reached 30%. Better Collective added that its cash flow from operations before special items increased by 59% to EUR 30 million ($35 million), equivalent to a cash conversion of 111%. The favorable results were underpinned by continued growth in North America, where Better Collective’s regional EBITDA margin skyrocketed from 5% in Q2 2025 to 26% in Q2 2026. The company’s Q2 performance was furthermore supported by the 2026 FIFA World Cup, which delivered the “expected business tailwinds,” causing NDCs to grow 24% and the value of deposits to reach a new record. Better Collective concluded that it maintains its full-year guidance. Executives Praised the Performance Jesper Søgaard, Better Collective’s co-founder & co-chief executive officer, hailed the results, praising Q2 as a strong quarter for the business. He was pleased with the organic revenue growth, which boosted the EBITDA figures and said that his team is “particularly encouraged” by the strides Better Collective has been making in North America. Søgaard attributed the NA growth to revenue share income, talent-led media and prediction markets, all of which boosted the company’s local EBITDA margin. The co-CEO added that the World Cup was an additional revenue booster which allowed Better Collective to achieve remarkable Q2 performance. With full-year guidance maintained, we remain focused on profitable growth, continued operating leverage and building an increasingly scalable and efficient Better Collective. Jesper Søgaard, co-founder & co-CEO, Better Collective Additional details on the company’s financial performance are available in its official interim report for Q2 2026. For reference, Better Collective’s Q1 results were also strong and led Better Collective to maintain its full-year outlook.