DraftKings on Thursday announced revenue for the first quarter of 2026 reached US$1.64 billion, an increase of US$237 million, or 17%, year-over-year, driven primarily by efficient customer acquisition over the past year and continued healthy customer engagement, as well as higher sportsbook net revenue margin.
“We are off to a fantastic start to the year as our first-quarter results exceeded our expectations,” DraftKings’ CEO and Co-Founder Jason Robins said in a statement. “Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in predictions. With our Super App, market-making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in sports predictions before year-end.
