Filing Flows › DraftKings (DKNG) › Q2 2026
DraftKings (DKNG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
DraftKings (DKNG) reported revenue of $1.4B for the second quarter 2026 (Q2 2026), -5% from a year earlier and -12% from the quarter before. Operating margin was -4.7%, net loss $67.6M (4.7% of revenue).
DraftKings, Q2 2026: revenue $1.4B (-5% year over year), operating margin -4.7%, net loss $67.6M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -12% | -5% |
| Operating profit | −$68.2M | -1266% | -145% |
| Net earnings | −$67.6M | -421% | -143% |
| Operating cash flow | $111M | — | -36% |
| Free cash flow | $107M | — | -37% |
What changed
Revenue was $1.4B in Q2 2026, down 5% year over year and down 12% from the previous quarter. Sports was the largest line at 62% of revenue. Sports lost $0.11B year over year (down 11%), 153% of the total change.
Operating costs exceeded revenue by $0.07B, an operating margin of -4.7%. Total costs grew 11% against a revenue fall of 5%. The fastest-growing cost line was Sales & marketing (+38%). The quarter ended with a net loss of $0.07B, after a profit of $0.02B the previous quarter.
Operating cash flow was $0.11B (down 36% year over year). Non-cash charges added back $0.08B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $4.6M left free cash flow of $0.11B.
Questions
What was DraftKings' revenue in the second quarter 2026?
DraftKings (DKNG) reported revenue of $1.4B for the second quarter 2026 (Q2 2026), -5% from a year earlier and -12% from the quarter before.
Was DraftKings profitable in the second quarter 2026?
Operating loss was $68.2M (-4.7% of revenue) and net loss $67.6M.
Source: DraftKings 10-Q on SEC EDGAR.