DraftKings Inc. (DKNG) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.636 Thank you for standing by. Welcome to the DraftKings third quarter 2025 earnings call. 00:00:05.636 -- 00:00:08.739 At this time, all participants are in listen-only mode. 00:00:08.739 -- 00:00:12.482 After the speaker's presentation, there will be a question and answer session. 00:00:12.482 -- 00:00:16.926 To ask a question during this session, you'll need to press star 1-1 on your telephone. 00:00:16.926 -- 00:00:20.510 If your question has been answered and you'd like to remove yourself from the queue, 00:00:20.510 -- 00:00:25.454 simply press star 1-1 again. As a reminder, today's program is being recorded. 00:00:25.454 -- 00:00:30.153 And now I'd like to introduce your host for today's program, Michael Delaglio. 00:00:30.153 -- 00:00:34.178 Senior Director of Investor Relations. Please go ahead, sir. 00:00:34.178 -- 00:00:37.001 Good morning, everyone, and thank you for joining us today. 00:00:37.001 -- 00:00:40.525 Certain statements we make during this call may constitute forward-looking statements 00:00:40.525 -- 00:00:44.750 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:44.750 -- 00:00:48.935 SEC filings that could cause our actual results to differ materially from our historical 00:00:48.935 -- 00:00:53.201 results or from our forecasts. We assume no responsibility to update forward-looking 00:00:53.201 -- 00:00:57.846 statements other than as required by law. During this call, management will also discuss 00:00:57.846 -- 00:01:02.241 certain non-GAAP financial measures that we believe may be useful in evaluating DraftKings 00:01:02.241 -- 00:01:06.846 operating performance. These measures should not be considered in isolation or as a substitute 00:01:06.846 -- 00:01:10.210 ...