DraftKings reported past first-quarter 2026 results with revenue of US$1,646.08 million, a shift to net income of US$21.07 million, and earnings per share turning positive compared with the prior year’s loss. Management kept full-year revenue and adjusted EBITDA guidance below analyst expectations while committing up to US$300 million in prediction market investments, signaling a meaningful capital shift toward its Predictions platform and planned proprietary exchange. Next, we’ll explore...
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(Bloomberg) -- DraftKings Inc. reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion and said it would spend more on a new push into predictions markets. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s C
Draftkings Inc (NASDAQ:DKNG) shares rose about 4% after the company reported mixed first quarter results, with stronger-than-expected revenue offset by a slight earnings miss. The online sports betting and gaming company posted revenue of $1.65 billion for the quarter ended March 31, up 17%...

DraftKings (DKNG) co-founder and CEO Jason Robins joins Yahoo Finance's Julie Hyman to discuss the earnings results, progress in prediction markets, and more.
DraftKings (NASDAQ:DKNG) reported first-quarter 2026 results that exceeded management’s expectations, driven by continued strength in its core Sportsbook business and an increasing push into sports predictions. First-quarter results and updated cadence commentary Co-founder and CEO Jason Robins sai
The headline numbers for DraftKings (DKNG) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DraftKings (DKNG) delivered earnings and revenue surprises of -6.98% and +0.12%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- DraftKings Inc (NASDAQ:DKNG) reported first quarter results that exceeded profit expectations but maintained full-year guidance below analyst estimates, sending shares down 1.9% in after-hours trading Thursday.
The online sports betting company posted a profit of $21.1 million on strong engagement from a growing roster of customers.
DraftKings earnings will give investors a closer look at how the sports-betting company is approaching the rise of prediction markets.
Baron Capital, an investment management company, released its Q1 2026 investor letter for the “Baron Discovery Fund”. A copy of the letter can be downloaded here. It was a difficult quarter for Baron Discovery Fund, both on an absolute and relative basis. The Fund declined 10.65% (Institutional Shares) in the quarter, compared to the Russell 2000 […]
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IPO Edge will host a fireside chat with Meridian Holdings Inc. (Nasdaq: MRDN) on Tuesday, May 12 at 12pm ET. The live event will feature William Scott, Interim CEO, President, […]
DraftKings (DKNG) integrating market-making into Predictions is seen as a key catalyst for increased
DKNG is set to report Q1 2026 on May 7, with parlay mix gains and AI-driven promos supporting results, while Predictions investment spend weighs.
Panelists at a Milken Institute session moderated by Axios Business Editor Dan Primack outlined how prediction markets are being used as investing and engagement tools, while also debating how these markets differ from traditional sportsbooks and what regulatory and integrity issues could shape thei
DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, DraftKings (DKNG) closed at $23.14, indicating a -1.11% shift from the previous trading day.
Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?