DraftKings reported first-quarter 2026 revenue of $1.65bn, a 17% increase year on year, and net income of $21.1m, compared with a $33.8m loss a year earlier. The company said monthly unique payers fell 4% to 4.2 million, citing its exit from Texas lottery operations; excluding that impact, payers rose 2%.
The results provide investors with updated revenue, profitability and payer trends across DraftKings’ business.
Quarter ended 30 September 2026
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DraftKings chief executive Jason Robins said he had become more receptive to cryptocurrency event contracts after seeing early positive signs, according to a report of his remarks at the NEXTPredict Summit. The report said DraftKings routes these contracts through Crypto.com and may be considering bringing the activity in-house; it also cited analyst estimates that timed digital-currency contract volumes rose 44-fold in the first seven months of 2026.
DraftKings chief executive and co-founder Jason Robins said at the NEXTPredict Summit in New York City last week that he had become more open to cryptocurrency event contracts after seeing early positive signs, according to a report of his remarks. The report said DraftKings routes these contracts through Crypto.com rather than its own DKeX exchange, and cited an analyst as saying the company may be examining bringing the activity in-house.
DraftKings chief executive Jason Robins said the company will not offer prediction markets in states where it holds sports-betting licences. Robins told the Next Predict Summit in New York that the approach protects its gaming licences and leaves it well placed whatever courts decide on sports event contracts.
DraftKings will not offer prediction markets in states where it holds sports-betting licences, chief executive Jason Robins said at the Next Predict Summit in New York. Robins said the approach protects the company's gaming licences and leaves it positioned for either outcome in litigation over sports event contracts.
DraftKings chief executive Jason Robins said the company’s exchange ranked third by trading value for the week ended Oct. 18. Aldrin Research data cited in the report put its volume at $1.04 billion and market share at 3.57%.
Speakers at day one of the NEXTPredict Summit New York debated who gains from prediction markets, with economists disagreeing over whether retail traders are structurally disadvantaged. DraftKings' Jason Robins said the company's predictions business is already the third-largest exchange despite operating in fewer than half of US states.
The Seminole Tribe of Florida has sued DraftKings and its chief executive, Jason Robins. The lawsuit, filed in Florida’s 17th Judicial Circuit Court in Fort Lauderdale, alleges the operator’s sports betting business breaches state law and the tribe’s exclusive 2021 gaming compact.