Every 8-K that Draftkings Inc (DKNG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DKNG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DKNG filings page.
DraftKings Inc. (DKNG) entered into a second amendment to its credit agreement establishing a new $700 million Term Loan B facility due August 25, 2033 and a new $750 million senior secured revolving credit facility maturing in 2031. The new revolver replaces the prior $500 million facility that was scheduled to mature in 2029.
The Term Loan B bears interest at Term SOFR plus 2.00% per annum (or ABR plus 1.00%) and must be repaid at 1.00% of principal per year, with the remainder due at maturity; a 1.00% prepayment premium applies to certain repricings within six months. DraftKings intends to use net Term Loan B proceeds primarily to repurchase a portion of its outstanding 0% Convertible Senior Notes due 2028, subject to availability and market conditions, and for other general corporate purposes. Borrowings under the new revolving facility are also for general corporate purposes, with interest margins and commitment fees tied to DraftKings’ Net First Lien Leverage Ratio.
DraftKings Inc. reported second quarter 2026 revenue of $1,443,235 for the three months ended June 30, 2026, down from $1,512,507 a year earlier. Sports Consumer Volume increased to $13.1 billion from $11.5 billion, while Sports Net Revenue Margin was 6.8% versus 8.7%.
The company recorded a net loss attributable to common stockholders of $67,610 compared with net income of $157,936 in the prior-year quarter, and Adjusted EBITDA declined to $114,597 from $300,644. Monthly Unique Payers rose about 9% to 3.6 million, while Average Revenue per MUP fell to $132, about $19 lower year over year, reflecting customer-friendly sports outcomes and higher promotions.
Cash, restricted cash and cash reserved for users totaled $1,387,508 as of June 30, 2026. Management maintained fiscal 2026 guidance for revenue of $6.5–$6.9 billion and Adjusted EBITDA of $700–$900 million, and the chief financial officer said the core business remains on track to generate approximately $1 billion of Adjusted EBITDA this year.
DraftKings Inc. filed an 8-K to inform investors how it shares important company information. The company highlights that material updates about its business may appear on its investor relations website, SEC filings, press releases, and public conference calls and webcasts.
DraftKings also identifies its DraftKings News feed on X (@DraftKingsNews) as an additional channel it intends to use from time to time for potentially material disclosures. The company notes that this list of communication channels may be updated through future SEC filings.
DraftKings Inc. reported strong growth in its Predictions offering for May 2026. Annualized consumer volume rose 24% month-over-month to $1.3 billion, while annualized total volume traded increased 34% month-over-month to $3.1 billion compared to April 2026. These operating metrics are preliminary, unaudited and based on internal data, and may be adjusted.
DraftKings Inc. reported a leadership update involving its finance team. On May 29, 2026, Chief Financial Officer Alan Ellingson also became the company’s principal accounting officer, combining both key finance roles under a single executive.
Ellingson’s expanded responsibilities do not include any change or increase in his compensation. Former principal accounting officer Erik Bradbury continues as Chief Accounting Officer. The company states there are no special arrangements, family relationships, or related-party transactions connected to Ellingson’s appointment.
DraftKings Inc. held its 2026 Annual Meeting of Shareholders on May 12, 2026, where investors voted on directors, auditor ratification, and executive pay. All nominated directors received strong majority support, with most securing over 4.15 billion "for" votes versus relatively small withhold amounts.
Shareholders ratified the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm, with 4,333,085,883 votes for, 1,613,841 against, and 586,532 abstentions. In a non-binding advisory vote, shareholders also approved executive compensation, with 4,107,553,941 votes for, 120,320,383 against, 621,878 abstentions, and 106,790,054 broker non-votes.
DraftKings Inc. reported a profitable first quarter of 2026 as revenue and margins improved. Revenue for the three months ended March 31, 2026 was $1,646 million, up 17% from $1,409 million a year earlier, driven by efficient customer acquisition, strong engagement and a higher Sportsbook net revenue margin.
The company generated net income attributable to common stockholders of $21.1 million, compared with a net loss of $33.9 million in the prior‑year quarter, and diluted earnings per share of $0.03. Adjusted EBITDA rose to $167.9 million from $102.6 million, while Adjusted Diluted Earnings Per Share increased to $0.20 from $0.12, reflecting improved underlying profitability.
Monthly Unique Payers declined 4% to 4.2 million, mainly due to exiting the Texas lottery business, but excluding Lottery they grew 2%. Average revenue per MUP increased 21% to $131, supported by better Sportsbook net revenue margin. DraftKings reaffirmed full‑year 2026 guidance for revenue of $6.5–$6.9 billion and Adjusted EBITDA of $700–$900 million, and ended the quarter with $999 million of cash and cash equivalents.
DraftKings Inc. reported a strong finish to 2025 with rapid growth and a turn to profitability. Fourth quarter 2025 revenue reached $1,989 million, up $596 million or 43% from the same period in 2024, helped by healthy customer engagement, new customer acquisition, and higher Sportsbook net revenue margin.
For full-year 2025, revenue grew to $6,054 million, an increase of about 27% from 2024, and net income attributable to common stockholders swung to a profit of $3.7 million from a $507.3 million loss. Adjusted EBITDA improved to $619.987 million for 2025, up from $181.307 million, with fourth quarter Adjusted EBITDA of $343.202 million.
The company highlighted unchanged Monthly Unique Payers of 4.8 million in the fourth quarter, but a 43% rise in Average Revenue per MUP to $139. DraftKings issued 2026 guidance for revenue of $6.5 billion to $6.9 billion and Adjusted EBITDA of $700 million to $900 million, reflecting planned investment in its DraftKings Predictions product and expansion into additional jurisdictions.
DraftKings Inc. announced that its Board of Directors authorized the repurchase of up to $2.0 billion of Class A common stock, increasing the prior authorization of $1.0 billion. Repurchases may occur through open market purchases, privately negotiated transactions, or other transactions in accordance with applicable securities laws, subject to market conditions and other factors.
The authorization does not require any specific number or amount of shares to be acquired and may be terminated at any time. The company may also enter into Rule 10b5-1 plans to facilitate repurchases. Separately, DraftKings furnished a press release as Exhibit 99.1 covering financial results for the quarter ended September 30, 2025.
DraftKings Inc. appointed Gregory W. Wendt as an independent director effective October 24, 2025. He was recommended by the Nominating and Corporate Governance Committee and will also serve on that committee.
Mr. Wendt retired as a Partner from Capital Group after 37 years as an investment analyst and portfolio manager, with research focus including the global casino sector. The Board determined he meets NASDAQ and SEC independence requirements. He will participate in the standard compensation program for independent directors as described in the company’s 2025 proxy. A press release announcing the appointment was furnished on October 28, 2025.
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.