DraftKings produces $1.9 billion in Q4 revenue
DraftKings ended 2025 with Q4 producing $1.9 billion in revenue, while the total fiscal year profits comprised $6.05 billion.
The report was published on February 12, 2026, in which the operator stated that the profit increase was the result of strong customer engagement, effective acquisition of customers, and a higher sportsbook revenue margin. By comparison, Q4 revenue in 2024 stood at $1.39 billion.
Jason Robins, DraftKings CEO and co-founder, said:
“We closed 2025 on a high note. Fourth quarter revenue increased 43% year-over-year, and we achieved records for revenue and adjusted EBITDA. Our core business is strong as we enter 2026.”
Online casinos contributed $500 million to the total Q4 revenue, and sportsbook handle was up by 13%, generating $16.8 billion. Sports betting revenue saw a 63% year-on-year increase and produced $1.3 billion in Q4. Additionally, adjusted EBITDA was $343 million, compared to $89.4 million in the last quarter of 2024.
CFO Alan Ellingson added:
“We are proud to have generated positive net income in fiscal year 2025. For the year, we increased revenue 27% to above $6 billion, continued to grow adjusted EBITDA, and repurchased 16 million shares. We have built an efficient and powerful business model and are excited to share more details at our virtual Investor Day on March 2nd.”
An increase in Monthly Unique Players (MUP) was also recorded in Q4, rising 5% year-on-year; meanwhile, revenue per MUP jumped 43% to $139.
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