DraftKings raises Q1 revenue 17% to $1.65bn as prediction markets expand
DraftKings reported first-quarter 2026 revenue of $1.65bn, up about 17% year on year, and net profit of $21.1m, compared with a loss a year earlier. The company said April customer acquisition costs for prediction markets fell by more than 80%; it also reported annualised consumer volume above $1bn and total traded volume above $2.3bn. DraftKings maintained its 2026 revenue forecast of $6.5bn to $6.9bn.
The results show operators how DraftKings is integrating prediction markets with sportsbook and iGaming products while maintaining its annual forecast.