For Q1 FY2026 ended March 31, 2026, DraftKings reported revenue of $1,646.1 million, up 16.8% year-over-year. Net income was $21.1 million, a significant improvement from a loss in the prior year, while operating income turned positive at $5.8 million. Diluted EPS was $0.03, up 142.9% from $0.01. Cash and cash equivalents stood at $999.4 million, with equity of $605.0 million and no long-term debt.
•Revenue grew 16.8% YoY to $1.65 billion.
•Net income of $21.1 million, reversing a prior-year loss.
•Operating income of $5.8 million, up 112.6% YoY.
•Diluted EPS of $0.03, a 142.9% increase.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
DraftKings is a digital sports entertainment and gaming company in the United States and globally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and products, as well as retails sportsbooks
IGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. Additionally, it engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. Founded in 2011, DraftKings is headquartered in Boston, Massachusetts.
DraftKings is a digital sports entertainment and gaming company operating in the United States and globally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and retail sportsbooks. Additionally, it provides iGaming (online casino) products such as blackjack, roulette, baccarat, and slot machines. DraftKings also designs and develops sports betting and casino gaming software for online and retail sportsbooks and iGaming operators.
Where is DraftKings (DKNG) listed and in which currency?
DraftKings Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol DKNG. Its shares are traded in US Dollars (USD), reflecting its primary listing in the United States.
What sector and industry does DraftKings (DKNG) belong to?
DraftKings operates in the Consumer Cyclical sector, specifically within the Gambling industry. This classification reflects its focus on discretionary consumer spending related to sports betting, daily fantasy sports, and online casino gaming.
Where is DraftKings headquartered and what markets does it serve?
DraftKings is headquartered in Boston, Massachusetts, United States. The company serves customers in the United States and globally, offering its digital sports entertainment and gaming products across multiple jurisdictions where online gambling is regulated.
How does DraftKings (DKNG) generate revenue?
DraftKings generates revenue primarily through its online and retail sports betting operations, daily fantasy sports contests, digital lottery courier services, and prediction markets. It also earns from iGaming products like online casino games (blackjack, roulette, baccarat, slot machines). Additionally, the company develops and licenses sports betting and casino gaming software to other operators, creating a B2B revenue stream.