DraftKings Inc. (DKNG) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.514 Hello everyone, thank you for joining us and welcome to the DraftKings second quarter 00:00:05.514 -- 00:00:10.756 2026 earnings call. After today's prepared remarks, we will host a question and answer 00:00:10.756 -- 00:00:15.778 session. If you would like to ask a question, please press star 1 to raise 00:00:15.778 -- 00:00:20.440 your hand. To withdraw your question, press star 1 again. 00:00:20.440 -- 00:00:25.083 I will now hand the conference over to Matt Rapoport, Vice President of Finance. 00:00:25.083 -- 00:00:27.583 Please go ahead. 00:00:28.755 -- 00:00:31.416 Good morning, everyone, and thank you for joining us today. 00:00:31.416 -- 00:00:35.397 Certain statements we make during this call may constitute forward-looking statements 00:00:35.397 -- 00:00:40.299 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:40.299 -- 00:00:45.781 SEC filings that could cause our actual results to differ materially 00:00:45.781 -- 00:00:49.723 from our historical results or from our forecast. 00:00:49.723 -- 00:00:55.045 We assume no responsibility to update forward-looking statements other than as required 00:00:55.045 -- 00:01:00.129 by law. During this call, management will also discuss certain non-GAAP financial 00:01:00.129 -- 00:01:05.431 measures that we believe may be useful in evaluating DraftKings operating performance. 00:01:05.431 -- 00:01:09.973 These measures should not be considered in isolation or as a substitute for DraftKings 00:01:09.973 -- 00:01:13.754 financial results prepared in accordance with GAAP. 00:01:13.754 -- 00:01:18.957 Reconciliation of these non-GAAP measures to the most directly comparable 00:01:18.957 -- 00:01:24.199 GAAP measures are available in our earnin...