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DraftKings (DKNG) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2026, DraftKings (DKNG - Free Report) reported revenue of $1.65 billion, up 16.8% over the same period last year. EPS came in at $0.20, compared to $0.12 in the year-ago quarter.

The reported revenue represents a surprise of +0.12% over the Zacks Consensus Estimate of $1.64 billion. With the consensus EPS estimate being $0.22, the EPS surprise was -6.98%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how DraftKings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average Revenue per MUP (ARPMUP): $131.00 compared to the $116.44 average estimate based on two analysts.
  • Monthly Unique Payers (MUPs): 4.2 million versus the two-analyst average estimate of 4.63 million.
  • Revenue- Sportsbook: $1.09 billion versus the three-analyst average estimate of $1.07 billion.
  • Revenue- Other: $89.9 million compared to the $107.29 million average estimate based on three analysts.
  • Revenue- iGaming: $461.3 million versus $481.32 million estimated by three analysts on average.

View all Key Company Metrics for DraftKings here>>>

Shares of DraftKings have returned -0.1% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

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