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DraftKings (DKNG)
NASDAQ:DKNG
US Market
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DraftKings (DKNG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Oct 31, 2025
TBA (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
-0.21
Last Year’s EPS
-0.6
Same Quarter Last Year
Based on 28 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Aug 06, 2025|
% Change Since: 1.61%|
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in revenue and adjusted EBITDA, strong performance in the Sportsbook and iGaming segments, and maintained fiscal guidance. However, challenges such as higher tax rates and uncertainties in prediction markets and Illinois present potential headwinds.
Company Guidance -
Q3 2025
During the Q2 2025 earnings call, DraftKings provided guidance for the fiscal year, maintaining their revenue expectations between $6.2 billion and $6.4 billion and adjusted EBITDA in the range of $800 million to $900 million. The company anticipates revenue to be closer to the high end of this range, driven by a 37% year-over-year revenue growth in the second quarter, reaching $1.513 billion. Adjusted EBITDA was over $300 million, with a 20% margin, doubling their prior record. DraftKings expects their Sportsbook net revenue margin to exceed 7.5%, an increase from the previous guidance range of 7% to 7.5%, and an adjusted gross margin of 46%. The guidance also factors in the anticipated financial impacts of launching mobile sports betting in Missouri later this year and higher tax rates in states such as New Jersey, Louisiana, and Illinois.
Record Revenue and Adjusted EBITDA
DraftKings set records for revenue and adjusted EBITDA in the second quarter, with revenue increasing 37% year-over-year to $1.513 billion and adjusted EBITDA reaching over $300 million, doubling their prior record.
Strong Sportsbook Performance
Sportsbook net revenue increased 45% year-over-year, with net revenue margins setting a company record at 8.7%. Sportsbook handle increased 6% year-over-year to approximately $11.5 billion.
iGaming Growth
iGaming net revenue increased 23% year-over-year, driven by strong growth in active iGaming customers and increased engagement with jackpots.
Fiscal Year Guidance Maintained
DraftKings maintained its fiscal year 2025 revenue guidance of $6.2 billion to $6.4 billion and adjusted EBITDA of $800 million to $900 million, anticipating revenue close to the high end of the range.
Capital Allocation and Share Repurchase
DraftKings repurchased 6.5 million shares through its stock repurchase program and continues to invest in organic growth initiatives.

DraftKings (DKNG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

DKNG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Oct 31, 2025
2025 (Q3)
-0.21 / -
-0.6
Aug 06, 2025
2025 (Q2)
0.15 / 0.30
0.12150.00% (+0.18)
May 08, 2025
2025 (Q1)
-0.08 / -0.07
-0.376.67% (+0.23)
Feb 13, 2025
2024 (Q4)
-0.17 / -0.28
-0.1-180.00% (-0.18)
Nov 07, 2024
2024 (Q3)
-0.41 / -0.60
-0.611.64% (+0.01)
Aug 02, 2024
2024 (Q2)
>-0.01 / 0.12
-0.17170.59% (+0.29)
May 02, 2024
2024 (Q1)
-0.29 / -0.30
-0.8765.52% (+0.57)
Feb 15, 2024
2023 (Q4)
0.08 / -0.10
-0.5381.13% (+0.43)
Nov 02, 2023
2023 (Q3)
-0.69 / -0.61
-139.00% (+0.39)
Aug 03, 2023
2023 (Q2)
-0.24 / -0.17
-0.48965.24% (+0.32)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

DKNG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 06, 2025
$45.36$45.20-0.35%
May 08, 2025
$35.35$36.23+2.49%
Feb 13, 2025
$46.45$53.49+15.16%
Nov 07, 2024
$38.98$40.13+2.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does DraftKings (DKNG) report earnings?
DraftKings (DKNG) is schdueled to report earning on Oct 31, 2025, TBA (Confirmed).
    What is DraftKings (DKNG) earnings time?
    DraftKings (DKNG) earnings time is at Oct 31, 2025, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is DKNG EPS forecast?
          DKNG EPS forecast for the fiscal quarter 2025 (Q3) is -0.21.

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