DraftKings Inc. (DKNG) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.010 -- 00:00:05.937 Good day and thank you for standing by. Welcome to the DraftKings fourth quarter 2025 00:00:05.937 -- 00:00:10.985 earnings conference call. At this time, all participants are in a listen-only 00:00:10.985 -- 00:00:15.732 mode. After the speaker's presentation, there will be a question and answer session. 00:00:15.732 -- 00:00:21.821 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:21.821 -- 00:00:25.787 You will then hear an automated message advising your hand is raised. 00:00:25.787 -- 00:00:30.743 To withdraw your question, please press star 1-1 again. 00:00:30.743 -- 00:00:34.006 Please be advised that today's conference is being recorded. 00:00:34.006 -- 00:00:39.291 I would now like to hand the conference over to your speaker today, Mike Dilaglio, 00:00:39.291 -- 00:00:44.314 Senior Director of Investor Relations. Please go ahead. 00:00:45.797 -- 00:00:48.700 Good morning, everyone, and thank you for joining us today. 00:00:48.700 -- 00:00:52.123 Certain statements we make during this call may constitute forward-looking statements 00:00:52.123 -- 00:00:56.307 that are subject to risks, uncertainties, and other factors as discussed further in our 00:00:56.307 -- 00:01:00.368 SEC filings that could cause our actual results to differ materially from our historical 00:01:00.368 -- 00:01:02.530 results or from our forecasts. 00:01:02.530 -- 00:01:07.134 We assume no responsibility to update forward-looking statements other than as required 00:01:07.134 -- 00:01:12.199 by law. During this call, management will also discuss certain non-GAAP financial 00:01:12.199 -- 00:01:17.264 measures that we believe may be useful in evaluating DraftKings operating performance. 00:01:17.264 -- 00:01:...