DraftKings Inc. (DKNG) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.437 Hello, everyone. Thank you for joining us and welcome to the DraftKings first quarter 00:00:04.437 -- 00:00:09.645 2026 earnings call. After today's prepared remarks, we will host 00:00:09.645 -- 00:00:14.331 a question and answer session. If you would like to ask a question, please press star 00:00:14.331 -- 00:00:18.658 one to raise your hand. To withdraw your question, press star one again. 00:00:18.658 -- 00:00:23.765 I will now hand the conference over to Michael Delaglio, Vice President of Investor 00:00:23.765 -- 00:00:27.087 Relations. Please go ahead. 00:00:29.933 -- 00:00:33.077 Good morning everyone and thank you for joining us today. 00:00:33.077 -- 00:00:37.482 Certain statements we make during this call may constitute forward-looking statements 00:00:37.482 -- 00:00:42.589 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:42.589 -- 00:00:47.675 SEC filings that could cause our actual results to differ materially from our historical 00:00:47.675 -- 00:00:50.219 results or from our forecasts. 00:00:50.219 -- 00:00:54.584 We assume no responsibility to update forward-looking statements other than as required 00:00:54.584 -- 00:00:56.186 by law. 00:00:56.186 -- 00:01:00.499 During this call, Management will also discuss certain non-GAAP financial measures that 00:01:00.499 -- 00:01:04.844 we believe may be useful in evaluating DraftKings operating performance. 00:01:04.844 -- 00:01:08.888 These measures should not be considered in isolation or as a substitute for DraftKings 00:01:08.888 -- 00:01:12.531 financial results prepared in accordance with GAAP. 00:01:12.531 -- 00:01:16.795 Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures 00:01:16....