earnings
confidence high
sentiment negative
materiality 0.60
DraftKings Q2 revenue down 5% YoY; net loss $67.6M, guidance maintained
DraftKings Inc.
- Q2 revenue $1,443M, down 5% YoY from $1,513M; net loss $67.6M vs $157.9M profit prior year.
- Sports Consumer Volume $13.1B, up 15% YoY; MUPs up 9% to 3.6M; ARPMUP down 13% to $132.
- FY2026 guidance maintained: revenue $6.5-6.9B, Adjusted EBITDA $700-900M.
- Super App live nationwide; Predictions (launched Dec 2025) growing faster than expected.
- Live sports betting in 27 states + DC + PR; iGaming in 5 states; Alberta Canada launched.