DraftKings Inc. (DKNG) Earnings Analysis

DraftKings Inc. (DKNG) delivered mixed results in Q1 FY2026 on revenue of $1.6B versus the $1.6B estimate (+16.8% YoY) and EPS of $0.20. The next DraftKings Inc. (DKNG) earnings date is Aug 5, 2026. Below is the full DraftKings Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

DraftKings Inc. (DKNG) Earnings Analysis — key stats

Next earnings dateAug 5, 2026
Latest reported quarterQ1 FY2026
Earnings verdictMixed
EPS beat rate4 of last 8 (quarters above estimate)
Avg next-day move±10.6% (over the last 8 reports)
Post-earnings directionUp 5 / Down 3 (of the last 8 reports)
Implied move (next report)±22.2% (options-derived · into Aug 5, 2026)
Revenue$1.6B (vs $1.6B est · +0.9% surprise · +16.8% YoY)
EPS$0.20 (vs $0.22 est · -9.1% surprise · -163.0% YoY)
Share price$25.89 (+0.5%)
Market cap$12.8B

DraftKings Inc. (DKNG) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$1.6B vs $1.6B est$0.20 vs $0.22 est-9.1%+6.7%Mixed
Q1 2026$2.0B vs $2.0B est$0.36 vs $0.36 est+0.0%-17.3%In line
Q4 2025$1.1B vs $1.2B est$-0.26 vs $-0.43 est+39.7%+8.9%Mixed
Q3 2025$1.5B vs $1.4B est$0.38 vs $0.15 est+151.2%-5.5%Beat
Q2 2025$1.4B vs $1.4B est$-0.07 vs $-0.08 est+9.7%+4.5%Mixed
Q1 2025$1.4B vs $1.4B est$-0.28 vs $0.07 est-500.0%+17.7%Mixed
Q4 2024$1.1B vs $1.1B est$-0.60 vs $-0.42 est-42.9%+10.9%Mixed
Q3 2024$1.1B vs $1.1B est$0.12 vs $0.01 est+1130.8%-13.3%Mixed

What you'll find

Frequently asked questions

When is DraftKings Inc.'s next earnings date?
DraftKings Inc.'s (DKNG) next scheduled earnings date is Aug 5, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did DraftKings Inc. (DKNG) beat or miss earnings?
In Q1 FY2026, DraftKings Inc. (DKNG) posted mixed results — revenue of $1.6B versus the $1.6B estimate (+0.9% surprise) and EPS of $0.20 versus $0.22 expected (-9.1% surprise). Magnisto decodes every DraftKings Inc. (DKNG) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does DraftKings Inc. beat earnings estimates?
Over its last 8 reported quarters, DraftKings Inc. (DKNG) beat Wall Street EPS estimates 4 times, most recently a mixed result in Q2 2026. Magnisto tracks every DraftKings Inc. (DKNG) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does DraftKings Inc. stock move after earnings?
Over its last 8 quarterly reports, DraftKings Inc. (DKNG) moved an average of ±10.6% the day after earnings — ranging from -17.3% (Q1 2026) to +17.7% (Q1 2025). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Aug 5, 2026, options-implied volatility is pricing in a move of roughly ±22.2% (derived). Magnisto tracks the realized post-earnings move for every DraftKings Inc. (DKNG) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for DraftKings Inc. (DKNG) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for DraftKings Inc. (DKNG), anchored to the current $25.89 share price, so you can weigh the bull, base and bear cases for DraftKings Inc. side by side.
Is DraftKings Inc. (DKNG) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether DraftKings Inc. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.