DraftKings 2025 Q3 Earnings Narrows Losses by 12.6%

DraftKings (DKNG) reported Q3 2025 earnings on Nov 7, 2025, . , citing challenges from customer-friendly sports outcomes and Predictions launch costs.

Revenue

Revenue growth was driven by stronger performance across key segments. , , , . Other revenue streams, including DraftKings Predictions, , . , .

Earnings/Net Income

DraftKings improved its net loss by 12.6% year-over-year, . Despite progress, , underscoring ongoing operational challenges.

Price Action

. Zacks assigned it a Rank #4 (Sell), .

Post-Earnings Price Action Review

The stock’s post-earnings volatility highlights mixed investor sentiment. , . , amplifying concerns about management’s guidance accuracy. Institutional investors like Helios Capital Management PTE. Ltd. have increased their stake, signaling cautious confidence, but the Zacks Rank’s bearish outlook underscores lingering risks.

CEO Commentary

CEO emphasized progress in sportsbook margins, NFL retention, and ESPN/NBCUniversal partnerships, . .

Guidance

, citing Predictions launch costs and sports outcome volatility.

Additional News

Helios Capital Management PTE. Ltd. increased its stake in DraftKings, signaling confidence in the company’s long-term strategy. , a key focus for investor relations. Meanwhile, Zacks Investment Research highlighted DraftKings’ underperformance against broader markets, assigning it a Sell rating.