Latest Earnings Results: Q3 '26
Estimated EPS
-$0.41
Reported EPS
-$0.94
Surprise
-129.15%
Estimated Rev
$1.39B
Reported Rev
$1.33B
Surprise
-4.58%
DraftKings introduced FY2027 revenue guidance of $7.35B to $7.75B and Adjusted EBITDA guidance of $800M to $1B, including $300M Predictions investment at midpoint.
Bullish Takeaway
DraftKings reported 16% Q3 revenue growth and higher Sportsbook net revenue margin, more than 1.6M customers engaged with Predictions year-to-date, and FY2027 core revenue guidance of $6.7B to $7B.
Bearish Takeaway
DraftKings quarterly losses were larger than prior-year losses, FY2026 Adjusted EBITDA guidance reflects $650M to $700M of Predictions investment, and regulatory changes involving prediction markets and event contracts are listed risks.
Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q4 '26 | $0.42 | -- | -- | N/A |
Q3 '26 | -$0.41 | -$0.94 | -129.15% | MISSED |
Q2 '26 | $0.02 | -$0.14 | -741.70% | MISSED |
Q1 '26 | $0.01 | $0.04 | 271.26% | BEAT |
Q4 '25 | $0.09 | $0.25 | 177.47% | BEAT |