---
schema_version: "secwatch.filing_event.v1"
accession: "0001883685-25-000028"
form_type: "8-K"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:24:50.514671+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DraftKings Q2 revenue up 37% to $1,513M; record net income and Adj EBITDA

## Summary
- 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.

## SEC filing metadata
- accession: 0001883685-25-000028
- form_type: 8-K
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883685/000188368525000028/0001883685-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000188368525000028/dkng-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883685-25-000028
- JSON: https://secwatch.observer/filing/0001883685-25-000028.json
- Plain text: https://secwatch.observer/filing/0001883685-25-000028.txt

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