DraftKings Q2 revenue of $1,443 billion fell 5% year over year, predicting that the market business growth rate exceeded expectations

In comparison, DraftKings announced financial results for the second quarter of 2026, with revenue of US$1,443 million, down 5% year on year, mainly due to customer-friendly sports results and increased investment in customer acquisition promotions; net loss of US$67.61 million, net profit of US$158 million in the same period last year; adjusted EBITDA of US$115 million, compared to US$301 million in the same period last year. Sports consumer transactions reached $13.1 billion, up 15% year over year, monthly active payment users (MUP) of about 3.6 million, up 9% year over year, and average revenue per user (ARPMUP) fell 13% to $132.

CEO Jason Robins said that the forecast market business growth rate has exceeded expectations since its launch in December last year. The relevant customer indicators are similar to sports betting performance, user acquisition and retention are strong, and the super app has been launched nationwide. The company maintained its full-year revenue of $6.5 billion to $6.9 billion and the adjusted EBITDA of $700 to $900 million unchanged. DraftKings currently provides mobile sports betting services in 27 US states, Washington DC, and Puerto Rico, covering about 53% of the US population, and iGaming covers 5 states. The Canadian market already covers Alberta and Ontario, accounting for about 51% of the Canadian population.