secwatch.observer — SEC 8-K summary
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Issuer:     DraftKings Inc. (DKNG)
CIK:        0001883685
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001883685-26-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DraftKings Q4 revenue up 43% to $1.99B; reports first annual positive net income
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- Q4 revenue $1,989M (+43% YoY); full-year revenue $6,055M (+27% YoY).
- Q4 net income $136.4M ($0.28 basic EPS) vs loss of $134.9M in Q4 2024; annual net income $3.7M.
- FY2026 guidance: revenue $6.5B-$6.9B, Adjusted EBITDA $700M-$900M; investing in DraftKings Predictions.
- MUPs flat at 4.8M; ex-Jackpocket up 5%; ARPMUP $139 (+43%).
- Repurchased 16M shares in FY2025; live in 26 states for sports betting plus DC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883685/000188368526000011/0001883685-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883685/000188368526000011/dkng-20260213.htm
  HTML page:      https://secwatch.observer/filing/0001883685-26-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer