[8-K] DraftKings Inc. Reports Material Event

Rhea-AI Filing Summary

On 7 Aug 2025, DraftKings Inc. (DKNG) filed a Form 8-K reporting, under Item 2.02, that it furnished a press release dated 6 Aug 2025 containing financial results for the quarter ended 30 Jun 2025. The release is provided as Exhibit 99.1; however, the 8-K itself does not include any numerical results. Management explicitly designates the information as “furnished,” not “filed,” limiting liability under Section 18 of the Exchange Act. No other material events, transactions, or changes in guidance, leadership, or capital structure were disclosed. Exhibit 104 supplies the Inline XBRL cover-page tag set.

Insights

Financial Analyst

TL;DR: Routine Form 8-K furnishes Q2-25 earnings press release; no figures, no additional events—neutral for valuation.

This filing merely serves Reg FD compliance by alerting investors that DraftKings’ Q2-25 results are available in a separate press release. Because the 8-K lacks revenue, EBITDA, or guidance detail, it conveys no actionable financial information. Impact on share price will depend on the actual numbers found in Exhibit 99.1, not the filing itself. From a governance standpoint, the company follows standard practice by furnishing (vs. filing) the release to limit Section 18 liability. Overall, the document is administrative and non-impactful.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 7, 2025 (August 6, 2025)

DRAFTKINGS INC.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction

of incorporation)

001-41379

(Commission

File Number)

87-2764212

(IRS Employer

Identification No.)

222 Berkeley Street, 5th Floor

Boston, MA 02116

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (617) 986-6744

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, par value $0.0001 per share

DKNG

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 6, 2025, DraftKings Inc. (the “Company”) issued a press release announcing the Company’s financial results for the quarter ended June 30, 2025.

A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference in this Item 2.02. The information and exhibit contained in this Item 2.02 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit Number						Description
99.1						Press Release, dated as of August 6, 2025, reporting financial results for the quarter ended June 30, 2025.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 7, 2025

DRAFTKINGS INC.
By:						/s/ R. Stanton Dodge
Name:						R. Stanton Dodge
Title:						Chief Legal Officer and Secretary

FAQ

Why did DraftKings (DKNG) file this Form 8-K on August 7, 2025?

To furnish a press release (Exhibit 99.1) announcing financial results for the quarter ended June 30, 2025.

Does the 8-K disclose DraftKings’ Q2 2025 revenue or EPS?

No. The filing states that financial figures are contained only in the furnished press release attached as Exhibit 99.1.

Is the information in Item 2.02 considered “filed” with the SEC?

DraftKings designated the Item 2.02 information as "furnished," so it is not deemed filed under Section 18 of the Exchange Act.

Were any other material events or executive changes announced?

No. The 8-K reports solely the earnings press release; no transactions, leadership changes, or guidance updates were included.

What exhibits accompany this DraftKings Form 8-K?

Exhibit 99.1: Q2 2025 earnings press release; Exhibit 104: Inline XBRL cover-page data.