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

Revenue $1.646B (+17% YoY) driven by efficient customer acquisition and higher Sportsbook margin.
Net income $21.1M ($0.03 diluted EPS) vs net loss $33.9M ($0.07 loss) in Q1 2025.
FY2026 guidance maintained: revenue $6.5B-$6.9B, Adjusted EBITDA $700M-$900M.
MUPs 4.2M (-4% YoY due to Texas Lottery exit); ex-Lottery MUPs +2%; ARPMUP $131 (+21%).
Live mobile sports betting in 27 states; iGaming in 5 states; Ontario.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

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

Period: first quarter 2026
Revenue: $1,646 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

DraftKings reported revenue of $1,646 million

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DraftKings Inc. filing history →

Source: SEC EDGAR

accession 0001883685-26-000019

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