DraftKings reported financial figures for Q3 2026 which were supported mainly by higher sportsbook revenue and customer activity. DraftKings operates online sports betting, iGaming and prediction market products.
- Revenue and earnings: Revenue increased 16% to USD 1.33bn (ca. EUR 1.14bn), from USD 1.14bn (ca. EUR 980m). Net loss widened to USD 468.7m (ca. EUR 403m), from USD 256.8m (ca. EUR 221m). Adjusted EBITDA was negative USD 316.9m (ca. EUR 273m), compared with negative USD 126.5m (ca. EUR 109m).
- Sportsbook and iGaming: Sports revenue increased 32% to USD 783.6m (ca. EUR 674m) in Q3 2026, while sports consumer volume rose 22% to USD 13.90bn (ca. EUR 11.95bn). iGaming revenue increased 2% to USD 460.9m (ca. EUR 396m) in the same period. Sports net revenue margin rose to 5.6%, from 5.2%.
- Customers: Monthly Unique Payers increased 13% to 4.1 million during Q3 2026. Average revenue per monthly unique payer increased 3% to USD 109 (ca. EUR 94). The DraftKings Q3 results showed higher customer spending, partly supported by sportsbook margins.
- Outlook and Predictions: DraftKings expects 2026 revenue of USD 6.35bn–6.55bn (ca. EUR 5.46bn–5.63bn) and adjusted EBITDA of USD 175m–275m (ca. EUR 151m–237m). For 2027, it forecasts revenue of USD 7.35bn–7.75bn (ca. EUR 6.32bn–6.67bn), including USD 650m–750m (ca. EUR 559m–645m) from Predictions. CEO Jason Robins said: “More than 1.6 million customers have engaged with Predictions year-to-date.”
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