DraftKings Q4 EPS Misses by 28%, Revenue Up to $1.99B
DraftKings reported Q4 adjusted EPS of $0.36, 28% below the $0.50 consensus, after posting revenues of $1.99 billion, flat with estimates and up from $1.39 billion year-over-year. Shares have slid 23.7% year-to-date as the company has missed consensus EPS and revenue forecasts in each of the past four quarters.
1. Q4 Financial Results
DraftKings delivered adjusted EPS of $0.36 in the quarter ended December 2025, falling 28% short of the $0.50 consensus. Revenue rose 43% to $1.99 billion from $1.39 billion a year ago, missing forecasts by roughly 0.02%.
2. Stock Reaction and Performance
Shares dropped over 4% on the earnings release, extending a year-to-date decline of 23.7% versus a 1.4% gain for the S&P 500. The company has now failed to top EPS or revenue estimates in each of its last four quarters.
3. Outlook and Estimates
Analysts project Q1 EPS of $0.30 on $1.81 billion in revenue and full-year EPS of $1.69 on $7.37 billion in revenue. Continued estimate revisions and fourth-quarter execution will shape near-term stock momentum.