Revenue Growth and Positive EBITDA
DraftKings reported expected revenue growth of 24% to 28% for fiscal year 2025, with expected revenue of $5.9 billion to $6.1 billion and positive adjusted EBITDA of $450 million to $550 million.
Exclusive Marketing Agreements
DraftKings secured exclusive marketing agreements with ESPN and NBCUniversal, enhancing brand visibility and customer engagement.
Customer Retention and Engagement
Customer retention rates improved significantly, with NFL week 1 customer retention up over 300 basis points. NFL and NBA handle grew by 13% and 19%, respectively.
Parlay Handle Mix Surge
Parlay handle mix increased by 800 basis points for NFL and 1,000 basis points for NBA season to date.
iGaming Revenue Growth
iGaming net revenue growth accelerated to 25% year-over-year, the fastest since Q1 2024.
Share Repurchase Program Expansion
DraftKings increased its share repurchase program from $1 billion to $2 billion.