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DraftKings Inc. DKNG Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$1.4BMiss by $68.7M
Adjusted EPS$0.09Beat by $0.07
Revenue estimate$1.5B
EPS estimate$0.02
“We delivered a strong second quarter and enter the back half of the year with real momentum, as our core business grew across handle, users, and engagement. Our Super App is now live nationwide, and Predictions is already growing faster than we anticipated. The similarity of Predictions customer metrics to Sportsbook customer metrics, our advantaged LTV position, and our playbook to innovate on a leading Predictions offering all underpin our confidence that we can win the category this NFL season and beyond.”
Jason Robins

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$1.4B
EPS estimate-$0.33

Financials

Q2 2026

Income statement

See full
Revenue$1.4B-4.6%
Gross profit$551.5M-16.2%
Operating income-$68.2M-145%
Net income-$67.6M-143%
EPS (diluted)-$0.14-147%

Balance sheet

See full
Cash & equivalents$1.4B-11.3%
Total debt$661.5M+0.5%
Total equity$569.4M-43.6%
Total assets$4.3B-4.4%

Cash flow

See full
Operating cash flow$111.4M-35.9%
CapEx$4.6M+6.3%
Free cash flow$106.9M-37.0%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$12.3B-48.2%
Enterprise value$11.58B-49.3%
P/S2×-2.4×

Profitability

See full
Gross margin40.5%+1.1pp
Net margin-2.7%-0.9pp
FCF margin10.5%+1.2pp

Returns & leverage

See full
Return on equity-21.1%-3.5pp
Debt / equity1.2×+0.5×
Current ratio1×-0.3×

Segments

By product

See full
Sports$891.9M—
iGaming$461.9M+7.5%

By segment

See full
Reportable Segment$1.4B-4.6%

FAQ

When did DraftKings Inc. report Q2 2026 earnings?
DraftKings Inc. (DKNG) reported Q2 2026 earnings on August 6, 2026 after market close.
What were DraftKings Inc.'s Q2 2026 revenue and EPS?
DraftKings Inc. reported revenue of $1.4B and adjusted eps of $0.09 for Q2 2026.
Did DraftKings Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $1.5B by $68.7M. EPS beat the consensus estimate of $0.02 by $0.07.
How did DraftKings Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.6% from $1.5B a year earlier.
Where can I find DraftKings Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001883685-26-000027) and the 10-Q periodic report (0001883685-26-000029) directly on SEC EDGAR. The filing index links above go to sec.gov.