secwatch.observer — SEC 8-K summary
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Issuer:     DraftKings Inc. (DKNG)
CIK:        0001883685
Form:       8-K
Filed at:   2026-08-07T10:43:00+00:00
Accession:  0001883685-26-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DraftKings Q2 revenue down 5% YoY; net loss $67.6M, guidance maintained
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883685/000188368526000027/0001883685-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883685/000188368526000027/dkng-20260807.htm
  HTML page:      https://secwatch.observer/filing/0001883685-26-000027

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