DraftKings Q2 FY26 adjusted EBITDA drops 61.9% to USD 114.6 million; revenue falls 4.6% to USD 1.44 billion
DKNG•Q2 results
DraftKings posted Q2 2026 revenue of $1.44 billion, down 5% from a year earlier; net loss attributable to common stockholders was $67.61 million.
Adjusted EBITDA (non-GAAP) fell to $114.6 million from $300.64 million a year earlier.
Operating metrics and outlook
Sports Consumer Volume climbed 15% to $13.1 billion; Monthly Unique Payers rose 9% to 3.6 million.
Average Revenue per MUP dropped 13% to $132, due to customer-friendly sport outcomes and higher promotional reinvestment tied to acquisition.
DraftKings kept 2026 guidance for revenue of $6.5 billion-$6.9 billion and adjusted EBITDA (non-GAAP) of $700 million-$900 million; Super App is now live nationwide.
