DraftKings Inc. reported its fourth quarter and full-year 2025 financial results, announcing record revenue and Adjusted EBITDA for the quarter, positive net income for the year, and provided fiscal year 2026 revenue and Adjusted EBITDA guidance. The company highlighted strong customer engagement metrics and plans to invest in its DraftKings Predictions product.
Key takeaways
Fourth quarter 2025 revenue was $1,989 million, a 43% increase compared to the same period in 2024.
The company reported positive net income of $3,710 million for the fiscal year 2025.
Fourth quarter 2025 Adjusted EBITDA was $343,202 thousand, a significant increase from $89,454 thousand in the same period last year.
DraftKings introduced fiscal year 2026 revenue guidance of $6.5 billion to $6.9 billion and Adjusted EBITDA guidance of $700 million to $900 million.
Average Revenue per Monthly Unique Payer (ARPMUP) was $139 in the fourth quarter of 2025, a 43% increase year-over-year.
The company repurchased 16 million shares during fiscal year 2025.