Skip to content
OpenCapital
Get started

DraftKings Inc. DKNG Q2 2025 earnings

Reported August 7, 2025 · After market close

Revenue$1.5BBeat by $88.6MDiluted EPS$0.30Beat by $0.15
Revenue estimate$1.4B
EPS estimate$0.15

Next report

Aug 5, 2026 (In 3 weeks)
Revenue estimate$1.6B
EPS estimate$0.34

Financials

Q2 2025

Income statement

See full
Revenue$1.5B+36.9%
Gross profit$657.9M+49.2%
Operating income$150.6M+565%
Net income$157.9M+147%
EPS (diluted)$0.30+200%

Balance sheet

See full
Cash & equivalents$1.6B+45.7%
Total debt$658.1M+634%
Total equity$1.0B-22.2%
Total assets$4.5B+6.1%

Cash flow

See full
Operating cash flow$173.9M+492%
CapEx$4.3M+78.3%
Free cash flow$169.6M+529%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$21.25B+16.1%
Enterprise value$20.34B+17.5%
P/S3.9×-0.3×

Profitability

See full
Gross margin39.5%+0.7pp
Operating margin-6.2%-2.0pp
Net margin-5.6%-1.6pp
FCF margin9.3%—

Returns & leverage

See full
Return on equity-26.4%-5.2pp
Debt / equity0.7×+0.6×
Current ratio1.3×+0.2×

Segments

By product

See full
Sportsbook$997.9M—
iGaming$429.7M—

By segment

See full
Reportable Segment$1.5B+36.9%

Versus estimates

Revenue

Q1 2026$1.6BBeat by $14.2MQ4 2025$2.0BIn lineQ3 2025$1.1BMiss by $60.6M
Q2 2025$1.5BBeat by $88.6M
Q1 2025$1.4BMiss by $20.5MQ4 2024$1.4BIn line

Diluted EPS

Q1 2026$0.04Miss by $0.03Q4 2025$0.25Miss by $0.01Q3 2025-$0.26Beat by $0.17
Q2 2025$0.30Beat by $0.15
Q1 2025-$0.07Beat by $0.01Q4 2024-$0.28Miss by $0.35

Ask the moment DraftKings Inc. reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did DraftKings Inc. report Q2 2025 earnings?
DraftKings Inc. (DKNG) reported Q2 2025 earnings on August 7, 2025 after market close.
What were DraftKings Inc.'s Q2 2025 revenue and EPS?
DraftKings Inc. reported revenue of $1.5B and diluted EPS of $0.30 for Q2 2025.
Did DraftKings Inc. beat estimates in Q2 2025?
Revenue beat the consensus estimate of $1.4B by $88.6M. EPS beat the consensus estimate of $0.15 by $0.15.
How did DraftKings Inc.'s Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 36.9% from $1.1B a year earlier and diluted EPS grew 150.0% from $0.12.
Where can I find DraftKings Inc.'s Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001883685-25-000029) directly on SEC EDGAR. The filing index links above go to sec.gov.