DraftKings Reports Third Quarter 2026 Financial Results and Fiscal 2027 Guidance

DraftKings reported third-quarter 2026 revenue of $1.3 billion, up 16% year over year, citing customer engagement and higher sportsbook net revenue margins. Monthly unique payers increased about 13% to 4.1 million, while average revenue per payer rose 3% to $109. For fiscal 2027, the company forecast revenue of $7.35 billion to $7.75 billion and Adjusted EBITDA of $800 million to $1 billion, including a planned $300 million investment in its predictions business, which CEO Jason Robins identified as a growth driver.