---
schema_version: "secwatch.filing_event.v1"
accession: "0001883685-26-000019"
form_type: "8-K"
ticker: "DKNG"
cik: "0001883685"
company_name: "DraftKings Inc."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:11:43.055637+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001883685-26-000019
- form_type: 8-K
- ticker: DKNG
- cik: 0001883685
- company_name: DraftKings Inc.
- filed_at: 2026-05-08T23:59:59+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/1883685/000188368526000019/0001883685-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883685/000188368526000019/dkng-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883685-26-000019
- JSON: https://secwatch.observer/filing/0001883685-26-000019.json
- Plain text: https://secwatch.observer/filing/0001883685-26-000019.txt

## Source-grounded claims
- claim_id: f03e3dafe90fe451d7cc578a0dd808319bd20532
  claim: DraftKings Inc. reported first quarter 2026 results: revenue $1,646 million. Guidance reaffirmed.
  evidence_excerpt: DraftKings reported revenue of $1,646 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883685/000188368526000019/0001883685-26-000019-index.htm

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