Welcome to our dedicated page for DraftKings SEC filings (Ticker: DKNG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DraftKings Inc. filings document the formal disclosures of a Nasdaq-listed online gaming and entertainment company with Class A common stock. Its 8-K reports furnish quarterly and annual financial results, business updates, earnings presentations and material-event disclosures tied to operating performance across Sportsbook, iGaming, lottery and related products.
DraftKings' regulatory record also covers proxy materials for annual meeting voting matters, board and committee governance, director appointments, executive compensation and shareholder rights. Other disclosures address registered securities, capital structure, stock repurchase authorization and the governance procedures applicable to a Nevada corporation operating in regulated gaming markets.
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. director Gregory Westin Wendt reported an equity award and vesting event. On February 10, 2026, he received 345 restricted stock units (RSUs) granted in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock.
The RSUs were granted and became fully vested on February 10, 2026, and were converted into 345 shares of Class A Common Stock at a price of $0 per share. After this conversion, Wendt directly beneficially owned 10,345 Class A shares. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs.
DraftKings Inc. director Marni M. Walden reported equity-based compensation rather than a cash retainer. On February 10, 2026, Walden received a grant of 691 restricted stock units, issued in lieu of a quarterly cash retainer. Each unit represents one share of DraftKings Class A Common Stock and the units were granted and became fully vested on the same date. Their vesting and exercise resulted in 691 shares of Class A Common Stock at no cash cost and did not involve any transfer or sale of shares. Following these transactions, Walden directly beneficially owns 192,495 shares of Class A Common Stock.
DraftKings Inc. director Harry Sloan reported an equity-based compensation transaction. On February 10, 2026, he received a grant of 507 restricted stock units (RSUs), issued in lieu of a quarterly cash retainer. Each RSU represents the right to receive one share of DraftKings Class A Common Stock and the RSUs became fully vested on that date.
The filing shows these 507 RSUs were converted into 507 shares of Class A Common Stock at no cash cost, with no shares transferred or sold upon vesting. Following the transaction, Sloan directly beneficially owned 250,219 shares of DraftKings Class A Common Stock.
DraftKings Inc. director Ryan R. Moore reported equity-based compensation rather than a cash payment. On February 10, 2026, he was granted 668 restricted stock units (RSUs), issued in lieu of a quarterly cash retainer. Each RSU represents a right to receive one share of DraftKings Class A Common Stock, and the RSUs were granted and became fully vested on that date.
The RSUs were then converted into 668 shares of Class A Common Stock at $0 per share, and no shares were transferred or sold upon vesting. After this derivative conversion, Moore directly holds 1,717 shares of Class A Common Stock.
DraftKings Inc. director Steven Joseph Murray reported equity compensation activity involving restricted stock units (RSUs) and Class A Common Stock. On February 10, 2026, he received a grant of 760 RSUs issued in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock, and the RSUs were granted and became fully vested on that same date.
Upon vesting, the 760 RSUs were converted into 760 shares of Class A Common Stock at a price of $0 per share. No shares of Class A Common Stock were transferred or sold as part of this vesting. Following these transactions, Murray directly beneficially owned 72,812 shares of DraftKings Class A Common Stock.
DraftKings Inc. director Woodrow Levin reported equity compensation activity involving restricted stock units (RSUs) on February 10, 2026. He received a grant of 460 RSUs issued in lieu of a quarterly cash retainer, with each RSU representing one share of Class A Common Stock.
The RSUs were granted and became fully vested on February 10, 2026 and were converted into 460 shares of Class A Common Stock at no cash exercise price, with no shares transferred or sold upon vesting. Following these transactions, Levin directly beneficially owned 58,492 shares, with an additional 10 shares held indirectly by OneSix Red, LLC and 44,616 shares held indirectly by the Levin Family 2015 Irrevocable Trust.
DraftKings Inc. director Valerie Mosley reported an equity grant and related share issuance. On February 10, 2026, she received 553 restricted stock units (RSUs) issued in lieu of a quarterly cash retainer. Each RSU represents a contingent right to receive one share of DraftKings Class A Common Stock and the RSUs became fully vested on the grant date.
The 553 RSUs were then converted into 553 shares of Class A Common Stock at a price of $0 per share, with no shares transferred or sold upon vesting. Following these transactions, Mosley directly beneficially owned 45,255 shares of DraftKings Class A Common Stock.
DraftKings Inc. director Jocelyn Moore received a grant of 622 restricted stock units (RSUs) on February 10, 2026, issued in lieu of a quarterly cash retainer. Each RSU represents one share of Class A common stock and the RSUs became fully vested on that date.
On the same day, the 622 RSUs were converted into 622 shares of Class A common stock at $0 per share, with no shares transferred or sold upon vesting. After these transactions, Moore directly beneficially owned 2,686 shares of Class A common stock and indirectly beneficially owned 25,648 shares through The Mustard Seed Living Trust.
Dodge R Stanton reported multiple insider transaction types in a Form 4 filing for DKNG. The filing lists transactions totaling 34,501 shares at a weighted average price of $27.22 per share. Following the reported transactions, holdings were 508,415 shares.