DraftKings Reports Q3 Revenue Growth and Fiscal 2027 Guidance
DraftKings reported Q3 2026 revenue of $1.3 billion, up 16% year over year. It introduced fiscal 2027 revenue guidance of $7.35 billion to $7.75 billion and Adjusted EBITDA guidance of $800 million to $1 billion, including a $300 million investment in its predictions business.
DraftKings reported third-quarter 2026 revenue of $1.3 billion, representing a 16% increase compared to the same period in 2025. The company attributed this growth to strong customer engagement and higher sportsbook net revenue margins. Monthly unique payers rose by approximately 13% to 4.1 million, while average revenue per monthly unique payer increased by 3% to $109. Looking ahead, DraftKings introduced fiscal year 2027 revenue guidance of $7.35 billion to $7.75 billion and Adjusted EBITDA guidance of $800 million to $1 billion, which accounts for a $300 million investment in its predictions business.
CEO Jason Robins highlighted the predictions offering as a key driver of growth for the company.