DraftKings — Third Quarter 2026 Earnings Summary

DraftKings reported third-quarter 2026 total revenue of $1.329 billion, representing a 16% increase from the prior year period driven by strong customer engagement and improved Sportsbook net revenue margins. The company introduced fiscal year 2027 revenue guidance of $7.35 billion to $7.75 billion and Adjusted EBITDA guidance of $800 million to $1.0 billion, reflecting significant investment in its new Predictions business. Monthly Unique Payers grew approximately 13% to 4.1 million, while Average Revenue per MUP increased 3% to $109. Additionally, DraftKings updated its fiscal year 2026 Adjusted EBITDA guidance to a range of $175 million to $275 million to account for increased spending on Predictions and iGaming growth.