DraftKings reports Q1 adjusted EPS 20c, consensus 17c

Reports Q1 revenue $1.646B, consensus $1.63B. Monthly Unique Payers decreased 4% to 4.2M in the three months ended March 31, 2026 compared to the three months ended March 31, 2025, primarily reflecting lower MUPs from Lottery following our exit from Texas in 2025. Excluding the impact of Lottery, MUPs increased by 2% in the three months ended March 31, 2026 compared to the three months ended March 31, 2025, due to strong customer retention and acquisition across our Sportsbook and iGaming offerings. “We are off to a fantastic start to the year as our first quarter results exceeded our expectations,” said Jason Robins, DraftKings (DKNG)’ Chief Executive Officer and Co-founder. “Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in Predictions. With our Super App, market making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in Sports Predictions before year-end.”