---
schema_version: "secwatch.filing_event.v1"
accession: "0001883685-22-000015"
form_type: "8-K"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:07:04.206246+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DraftKings Q1 rev $417M (+34% YoY); raises FY22 rev & EBITDA guidance

## Summary
- Revenue $417M (+34% YoY); B2C segment rev $404M (+44% YoY).
- MUPs 2.0M (+29% YoY); ARPMUP $67 (+11% YoY).
- Adjusted EBITDA beat Q1 midpoint guidance by >12%.
- FY22 revenue guidance raised to $1.925B–$2.025B (midpoint +$50M).
- FY22 Adj. EBITDA loss guidance improved to $760M–$840M (midpoint +$75M).

## SEC filing metadata
- accession: 0001883685-22-000015
- form_type: 8-K
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883685/000188368522000015/0001883685-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000188368522000015/dkng-20220506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883685-22-000015
- JSON: https://secwatch.observer/filing/0001883685-22-000015.json
- Plain text: https://secwatch.observer/filing/0001883685-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.