earnings
confidence high
sentiment positive
materiality 0.75
DraftKings Q2 revenue up 37% to $1,513M; record net income and Adj EBITDA
DraftKings Inc.
2025-Q2 EPS reported
$0.23
revenue$2,921,313,000
- Revenue $1,513M (+37% YoY); net income $158M; Adjusted EBITDA $301M — all company records.
- EPS $0.32 basic, $0.30 diluted; MUPs 3.3M (+6% YoY); ARPMUP $151 (+29% YoY).
- Maintains FY2025 revenue guidance $6.2B-$6.4B and Adj EBITDA $800M-$900M; expects revenue near high end.
- Repurchased 6.5M shares in first half; plans Missouri sportsbook launch pending approvals.
- Guides for higher tax rates in NJ, LA, IL; guidance excludes Prediction Markets launch.
item 2.02item 9.01