{"schema_version":"secwatch.filing_event.v1","accession":"0001883685-23-000010","form_type":"8-K","ticker":"DKNG","cik":"0001883685","company_name":"DraftKings Inc.","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.333440+00:00","generated_at":"2026-06-19T09:47:40.584027+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"DraftKings Q4 revenue $855M (+81% YoY); raises FY2023 revenue midpoint to $2.95B, EBITDA to ($400)M","bullets":["Q4 revenue $855M vs $473M YoY (+81%); net loss $(0.53) per share.","FY2023 revenue guidance raised to $2.85-3.05B (midpoint $2.95B) from $2.8-3.0B.","FY2023 Adjusted EBITDA guidance improved to ($350)-(450)M from ($475)-(575)M.","Company expects >$700M cash at FY2023 exit and positive Adjusted EBITDA in FY2024.","MUPs up 31% to 2.6M; ARPMUP up 42% to $109; live in 20 states for sportsbook."],"urls":{"canonical":"https://secwatch.observer/filing/0001883685-23-000010","json":"https://secwatch.observer/filing/0001883685-23-000010.json","markdown":"https://secwatch.observer/filing/0001883685-23-000010.md","text":"https://secwatch.observer/filing/0001883685-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000010/0001883685-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000010/dkng-20230216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:47:40.584027+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f7de43539e7c09eda38b06bfbeac54cc1a99ef3","claim":"DraftKings Inc. reported fourth quarter and year ended December 31, 2022 results: revenue $855 million. Guidance reaffirmed.","evidence_excerpt":"raftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million Expects to Exit Fiscal Year 2023 With More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024 Boston, MA – February 16, 2023— DraftKings Inc.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1883685/000188368523000010/0001883685-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$855 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}