secwatch / observer
8-K filed May 8, 2026, 7:59 PM ET ticker DKNG CIK 0001883685
earnings confidence high sentiment positive materiality 0.75

DraftKings Q1 revenue $1.646B (+17% YoY); posts net income $21M vs year-ago loss

DraftKings Inc.

2026-Q1 EPS reported $0.03 revenue$1,646,076,000
item 2.02item 9.01

Machine-readable event card

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DraftKings Inc.
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2026-05-08T23:59:59+00:00
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JSON Markdown Plain text

Source-grounded claims

f03e3dafe90fe451d7cc578a0dd808319bd20532

DraftKings Inc. reported first quarter 2026 results: revenue $1,646 million. Guidance reaffirmed.

DraftKings reported revenue of $1,646 million

SEC 8-K Item 2.02 confidence 0.9 SEC evidence

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Comparable filing

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This filing

DraftKings reported revenue of $1,646 million

Comparable filing

Exchange Act, unless such subsequent filing specifically references this Form 8-K. --- EX-99.1 (EX-99.1) --- To Our Shareholders, The Company’s first quarter 2026 revenue of $435.8 million increased slightly from the record first quarter 2025 revenue by $1.0 million, or 0.2%. This growth was driven by consistent demand in the Utility segment, where revenue

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DraftKings reported revenue of $1,646 million

Comparable filing

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This filing

DraftKings reported revenue of $1,646 million

Comparable filing

Commission this morning. ​ Details on First Quarter 2026 Results ​ ​ First Quarter Results (1) ​ ($ in millions, except per share data) ​ ​ ​ 1Q26 ​ ​ ​ 1Q25 Net Revenue ​ $ 627.8 ​ $ 673.9 ​ ​ ​ ​ ​ ​ ​ Loss from continuing operations, net of tax, GAAP ​ $ (6.5) ​ $ (3.8) Adj. net (loss) income from continuing operations, Non-GAAP ​ $ (3.1) ​ $ 23.2 ​ ​ ​

Filing page SEC filing

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same fact type: earnings_release same SEC item: 2.02, 9.01 same event type: earnings similar materiality

This filing

DraftKings reported revenue of $1,646 million

Comparable filing

First Quarter 2026 Financial Results YUTREPIA sales led to the company’s third consecutive quarter of profitability with net income of $52.9 million and positive non-GAAP adjusted EBITDA of $71.2 million in the first quarter of 2026. Cash and cash equivalents totaled $222.8 million as of March 31, 2026, compared to $190.7 million as of December 31, 2025. Product sales, net, were $129.9 million for the three months ended March 31, 2026.

Filing page SEC filing

Source: SEC EDGAR
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