DraftKings Reports Record Q4 2025 Revenue

DraftKings Inc. reported its fourth-quarter 2025 financial results on Monday, posting record revenue that came in ahead of Wall Street expectations.

Key Financial Highlights

The Boston-based sports betting and daily fantasy sports company reported:

• Revenue: $1.2 billion (up 32% year-over-year)
• Monthly Unique Players: 4.2 million (up 28% YoY)
• Average Revenue Per User: $285 (up 15% YoY)

CEO Commentary

"This quarter represents a turning point for DraftKings. Our investments in technology and customer acquisition are paying dividends, and we're well-positioned for continued growth in 2026."

said CEO Jason Robins during the earnings call.

Market Expansion

The company said it plans to expand into three new states, pending regulatory approval:

1. Missouri
2. Georgia
3. Texas

Analyst Reactions

Wall Street analysts responded positively to the results, and several raised their price targets. Morgan Stanley lifted its target to $55 from $48, citing "strong execution and improving unit economics."

The stock rose 8% in after-hours trading after the announcement.