---
schema_version: "secwatch.filing_event.v1"
accession: "0001883685-24-000030"
form_type: "8-K/A"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:31:12.167844+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DraftKings Q2 rev +26% to $1.1B, corrects GAAP diluted EPS to $0.10, launches $1B buyback

## Summary
- Revenue $1,104M (+26% YoY); MUPs up 50% to 3.1M; ARPMUP $117 (-15%).
- GAAP diluted EPS corrected to $0.10 (vs originally reported $0.12); Adj. EPS $0.22 unchanged.
- 2024 revenue guidance raised to $5.05-5.25B; 2024 Adj. EBITDA guidance cut to $340-420M from $460-540M.
- Board authorized $1.0B share repurchase; plans gaming tax surcharge in high-tax states in 2025.
- Fiscal 2025 Adj. EBITDA guidance maintained at $900M-$1.0B, excluding the planned surcharge.

## SEC filing metadata
- accession: 0001883685-24-000030
- form_type: 8-K/A
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883685/000188368524000030/0001883685-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000188368524000030/dkng-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883685-24-000030
- JSON: https://secwatch.observer/filing/0001883685-24-000030.json
- Plain text: https://secwatch.observer/filing/0001883685-24-000030.txt

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