DraftKings (DKNG) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - DraftKings reported $1.14 billion in revenue for Q3 2025, a year-over-year increase of 4.4% [1] - The EPS for the same period was -$0.26, an improvement from -$0.60 a year ago [1] - Revenue fell short of the Zacks Consensus Estimate of $1.21 billion, resulting in a surprise of -5.26% [1] - The company experienced an EPS surprise of -8.33%, with the consensus estimate being -$0.24 [1] Financial Performance Metrics - Average Revenue per Monthly Unique Payer (ARPMUP) was $106.00, below the estimated $108.89 [4] - Monthly Unique Payers (MUPs) totaled 3.6 million, slightly below the estimated 3.65 million [4] - Sportsbook revenue was $596.12 million, significantly lower than the estimated $668.27 million [4] - Revenue from Other sources was $96.6 million, exceeding the estimated $84.95 million [4] - iGaming revenue reached $451.3 million, surpassing the average estimate of $434.36 million [4] Stock Performance - DraftKings shares have returned -17.8% over the past month, contrasting with the Zacks S&P 500 composite's +1.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market [3]