---
schema_version: "secwatch.filing_event.v1"
accession: "0001883685-22-000025"
form_type: "8-K"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2022-08-05T23:59:59+00:00"
generated_at: "2026-06-24T03:29:05.848175+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DraftKings Q2 revenue $466M (+57% YoY), beats guidance; raises FY2022 outlook

## Summary
- Revenue $466M (+57% YoY); B2C revenue $455M (+68% YoY); exceeded Q2 guidance midpoint by >$30M.
- Adjusted EBITDA outperformed Q2 guidance midpoint by nearly 40%.
- MUPs 1.5M (+30% YoY); ARPMUP $103 (+30% YoY) driven by strong engagement and reduced promotions.
- FY2022 revenue guidance raised to $2.08B-$2.18B; Adj EBITDA loss guidance improved to $765M-$835M.
- Mobile sports betting live in 17 states (36% US pop); iGaming in 5 states (11% US pop).

## SEC filing metadata
- accession: 0001883685-22-000025
- form_type: 8-K
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2022-08-05T23:59:59+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/1883685/000188368522000025/0001883685-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000188368522000025/dkng-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883685-22-000025
- JSON: https://secwatch.observer/filing/0001883685-22-000025.json
- Plain text: https://secwatch.observer/filing/0001883685-22-000025.txt

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