DraftKings Reports Record Revenue and First Full-Year Profit with 43% Q4 Growth

Boston-based sports betting and iGaming company achieves milestone financial results in 2025.

Published on Feb. 16, 2026

Got story updates? Submit your updates here. ›

DraftKings has announced record quarterly and annual revenue results for 2025, including a 43% year-over-year increase in Q4 revenue to $1.98 billion. The company also reported its first full-year net income, marking a major milestone since going public in 2020.

Why it matters

DraftKings' strong financial performance in 2025, including record revenue and its first annual profit, demonstrates the company's ability to grow its customer base and improve profitability in the competitive online sports betting and iGaming market. This positions DraftKings well to continue expanding its business and market share.

The details

DraftKings' Q4 2025 revenue of $1.98 billion represented a 43% increase from the same period in 2024. For the full fiscal year 2025, the company reported revenue of $6.05 billion, a 27% increase from 2024. DraftKings also achieved its first full-year net income of $3.7 million in 2025, compared to a $134.9 million net loss in 2024. The company cited increased customer retention, improved acquisition strategies, and higher net revenue margins as key drivers of its strong financial performance.

  • DraftKings reported Q4 2025 results on February 12, 2026.
  • DraftKings achieved its first full-year net income in fiscal year 2025.

The players

DraftKings

A Boston-based sports betting and iGaming company that went public in 2020.

Jason Robins

Chief Executive Officer of DraftKings.

Got photos? Submit your photos here. ›

What they’re saying

“We closed 2025 on a high note. Fourth quarter revenue increased 43% year-over-year and we achieved records for revenue and Adjusted EBITDA. Our core business is strong as we enter 2026.”

— Jason Robins, Chief Executive Officer (esportsinsider.com)

The takeaway

DraftKings' impressive financial results in 2025, including record revenue and its first full-year profit, demonstrate the company's ability to grow its customer base and improve profitability in the competitive online sports betting and iGaming market. This positions DraftKings well to continue expanding its business and market share in the years ahead.