DraftKings Q2 2026 Revenue Dips 5% to $1.44B; CEO Says Prediction Market Growth Beats Expectations

DraftKings reported Q2 2026 revenue of $1.443 billion, down 5% year-over-year, with a net loss of $67.61 million versus net income of $158 million a year earlier. Adjusted EBITDA fell to $115 million from $301 million. Sports handle reached $13.1 billion, up 15%, while monthly unique players grew 9% to roughly 3.6 million. CEO Jason Robins said the prediction market business has grown faster than expected since launching in December, and the super app is now live nationwide. The company maintained its full-year guidance of $6.5-6.9 billion in revenue and $700-900 million in adjusted EBITDA.