The competition exists out a single round-robin, with each team playing another once. Standings are primarily based on win/loss-record, with the first team reaching 21 points, or the most points after a certain time limit, winning a match. The top two ranked teams advance to the semifinals, and the bottom two ranked teams are directly eliminated. The remaining four teams compete for a spot in the semifinals. Winners of the semifinals advance to the final, where the gold medal winner will be named.
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Eight teams qualified for the event, with plenty of medal contenders. The team from Latvia returns to the event as the defending Olympic champion, but Serbia is one of the other top teams to look out for, as the two-time World Cup winners in 2022 and 2023. They won the final against Lithuania in 2022 and the United States in 2023.