earnings
confidence high
sentiment positive
materiality 0.75
DraftKings raises FY2025 revenue guidance to $5.9-6.1B; boosts buyback to $2B
DraftKings Inc.
2025-Q3 EPS reported
-$0.27
revenue$4,065,332,000
- Q3 revenue $1.14B (+4% YoY); net loss $0.52/share vs $0.60 loss year ago.
- FY2025 revenue guidance raised to $5.9-6.1B (24-28% YoY growth); Adj. EBITDA guidance $450-550M.
- Board increased share repurchase authorization from $1.0B to $2.0B.
- MUPs 3.6M (+2% YoY); ARPMUP $106 (+3%); October Sportsbook handle up 17% YoY.
- CEO Jason Robins most bullish ever; DraftKings Predictions launch pending in coming months.