Form 8-K · Current Report · Filed 2026-08-07
DraftKings Reports Q2 2026 Financial Results and Maintains FY 2026 Guidance
DraftKings Inc. reported a 5% decrease in revenue for the second quarter of 2026, with total revenue of $1.44 billion. Despite the decrease, the company saw a 15% increase in Sports Consumer Volume to $13.1 billion. DraftKings maintained its fiscal year 2026 revenue guidance of $6.5 billion to $6.9 billion and Adjusted EBITDA guidance of $700 million to $900 million. The company also reported a net loss of $67.6 million for Q2 2026.
- Filer
- DraftKings Inc. DKNG · NASDAQ
- Filed
- Accession
- 0001883685-26-000027
- CIK
- 0001883685
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$22.23
Since filing
+0.0%
Latest close
$22.23
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from DKNG reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, DKNG insiders reported 18 Form 4 transactions — net selling of $81K.
About DraftKings Inc.
DraftKings Inc. is a digital sports entertainment and gaming company offering a range of services, including daily fantasy sports, sports betting, and iGaming. The company operates as a multi-channel provider, enabling sports enthusiasts and gamers to engage in digital contests, wager on a variety of sports events, and enjoy casino-style gaming in regulated markets. DraftKings serves a wide audience, from casual sports fans to avid gamblers, providing a platform that combines innovative technology with a seamless user experience. One of DraftKings' primary functions is to facilitate daily and weekly fantasy sports competitions where users build virtual teams from professional athletes and compete based on the real-life performance of those athletes. Additionally, the company's sportsbook and online casino offerings make it a significant player in the rapidly expanding online gambling industry. DraftKings holds a strategic position in the sports entertainment sector due to its robust tech-driven solutions and expansive market reach, leveraging partnerships with sports leagues, teams, and media companies to continually enhance its product offerings and grow its user base.
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