DraftKings(DKNG) - 2025 Q2 - Earnings Call Presentation

Financial Performance - DraftKings' Q2 2025 revenue reached a record $1.513 billion, a 37% year-over-year increase[7, 9] - Adjusted EBITDA for Q2 2025 also hit a record of $301 million, compared to $128 million in Q2 2024[7, 9] - The company is maintaining its FY 2025 revenue guidance of $6.2 billion to $6.4 billion and Adjusted EBITDA guidance of $800 million to $900 million[7] - Sportsbook net revenue increased 45% year-over-year[11] - iGaming net revenue increased 23% year-over-year[11] Key Metrics - Sportsbook handle increased 6% year-over-year[11] - Structural Sportsbook hold percentage increased by 100 basis points year-over-year[11] - Sportsbook promotional reinvestment improved nearly 600 basis points year-over-year as a percentage of Gross Gaming Revenue (GGR)[11] - Average Revenue per Monthly Unique Payer (ARPMUP) increased to $151 in Q2 2025 from $117 in Q2 2024[46] - Average Monthly Unique Payers (MUPs) reached 3.3 million in Q2 2025, compared to 3.1 million in Q2 2024[46] Product Innovation and Social Engagement - Over 1.5 million customers have engaged with the Live Bet Tracking tool in 2025[15] - Handle on the social platform increased 180% year-over-year in the first two quarters of 2025[15] - Engagement across social media handles increased over 200% year-over-year in Q2 2025, and Discord community membership grew over 400% year-over-year[15]