DraftKings on Thursday reported revenue of $1.9 billion, an increase of $596 million for the fourth quarter, or 43%, compared to $1.4 billion during the same period in 2024.
According to a news release, the increase in the company’s fourth-quarter revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new customers, and higher sportsbook net revenue margin.
“We closed 2025 on a high note,” said Jason Robins, DraftKings’ CEO and Co-Founder, in a statement. “Fourth-quarter revenue increased 43% year-over-year and we achieved records for revenue and Adjusted EBITDA. Our core business is strong as we enter 2026.
“We also see a massive, incremental opportunity in DraftKings Predictions (the company’s prediction-style platform). We plan to deploy growth capital to build the best customer experience in Predictions and acquire millions of customers. We have the playbook to execute and win.”
