DraftKings revenue reaches $1.3 billion in third quarter

DraftKings on Thursday announced that revenue for the third quarter was $1.3 billion, an increase of $185 million, or 16%, compared to $1.1 billion million during the same period in 2025. A news release said that the revenue increase was “driven primarily by continued healthy customer engagement and higher sportsbook net revenue margin.” “The third quarter marked a pivotal moment for DraftKings, as the predictions offering we have been building is now powering meaningful growth for our business,” DraftKings CEO and Co-Founder Jason Robins said in a statement.