DraftKings Reports Fourth Quarter Revenue Growth of 43%

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[{"type":"image","alt":"DK Crown Holdings Inc.","displaySize":"","headline":null,"caption":"DK Crown Holdings Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":156,"url":"https://media.zenfs.com/en/globenewswire.com/4b770ee378e34fe9a86675d5aa4cd950"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/J3BmKS03T8ha674KIJpPAQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/4b770ee378e34fe9a86675d5aa4cd950","width":300,"height":156}},"lazy":false},{"type":"text","content":"Reported Positive Net Income Set Records for Revenue and Adjusted EBITDA","length":72,"tagName":"p"},{"type":"text","content":"BOSTON, Feb. 12, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its fourth quarter and fiscal year 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.","length":335,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2025 HighlightsFor the three months ended December 31, 2025, DraftKings reported revenue of $1,989 million, an increase of $596 million, or 43%, compared to $1,393 million during the same period in 2024. The increase in the Company’s fourth quarter 2025 revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new customers, and higher Sportsbook net revenue margin.","length":422,"tagName":"p"},{"type":"text","content":"“We closed 2025 on a high note. Fourth quarter revenue increased 43% year-over-year and we achieved records for revenue and Adjusted EBITDA. Our core business is strong as we enter 2026,” said Jason Robins, DraftKings’ Chief Executive Officer and Co-founder. “We also see a massive, incremental opportunity in DraftKings Predictions. We plan to deploy growth capital to build the best customer experience in Predictions, and acquire millions of customers. We have the playbook to execute and win.”","length":497,"tagName":"p"},{"type":"text","content":"“We are proud to have generated positive net income in fiscal year 2025. For the year, we increased revenue 27% to above $6 billion, continued to grow Adjusted EBITDA, and repurchased 16 million shares,” said Alan Ellingson, DraftKings’ Chief Financial Officer. “We have built an effici...

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