DraftKings Revenue Rises 16% as Predictions Spending Grows

DraftKings reported third-quarter revenue of $1.33 billion for 2026, up 16% from $1.14 billion a year earlier, supported by stronger customer activity and a higher sportsbook net revenue margin. Monthly unique payers increased about 13% to 4.1 million, while average revenue per payer rose 3% to $109. Sportsbook net revenue margin improved from 5.2% in Q3 2025 to 5.6%. The company also reported an Adjusted EBITDA loss of $316.9 million.