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.
The DraftKings Inc. (DKNG) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory disclosures, alongside AI-powered tools that help interpret complex documents. DraftKings, a Nevada-incorporated digital sports entertainment and gaming company listed on Nasdaq, files periodic reports such as Form 10-K annual reports and Form 10-Q quarterly reports, as well as Form 8-K current reports describing material events. These filings offer detailed information on its sportsbook, iGaming, daily fantasy sports, lottery courier, prediction markets and media operations.
In its SEC filings, DraftKings presents audited and unaudited financial statements, including balance sheets, statements of operations and cash flows, and disaggregated revenue data for Sportsbook Revenue, iGaming Revenue and Other Revenue. Investors can review metrics such as Sportsbook Handle and Sportsbook Net Revenue Margin, along with non-GAAP measures like Adjusted EBITDA and Adjusted Earnings (Loss) Per Share that the company uses to discuss performance. Filings also describe capital structure details, including its dual-class common stock, and corporate actions such as share repurchase authorizations disclosed via Form 8-K.
Governance-related filings and 8-Ks document matters such as the appointment of independent directors, committee assignments and board-level decisions. For example, DraftKings has reported the appointment of Gregory W. Wendt as an independent director and member of the Nominating and Corporate Governance Committee, providing insight into the board’s composition and expertise. Other 8-Ks reference earnings press releases and updates on the company’s financial condition.
Stock Titan enhances these documents with AI-powered summaries and highlights that explain key sections of DraftKings’ filings in plain language. Users can quickly locate information on revenue trends by segment, cash flows, leverage, share repurchase programs, and governance changes without reading every page. Real-time ingestion of new EDGAR filings ensures that updates such as quarterly results, material events and any insider transaction reports (Form 4, when filed) are reflected promptly. This combination of primary SEC documents and AI analysis helps investors, analysts and interested readers understand how DraftKings reports on its regulated gaming, prediction markets and digital media activities.
DraftKings Inc. Chief Accounting Officer Erik Bradbury reported equity awards and related tax withholding transactions. On February 13, 2026, 43,923 shares of Class A Common Stock were delivered upon vesting of restricted stock units tied to performance goals, while 20,677 shares at $21.7600 per share were withheld by DraftKings to cover taxes, leaving 44,004 shares held directly. On February 17, 2026, he was granted 23,019 restricted stock units, each representing a right to receive one Class A share, scheduled to vest quarterly over four years from March 1, 2026.
DraftKings Inc. Chief Financial Officer Alan Wayne Ellingson reported equity compensation and related tax withholding transactions. On February 17, 2026, he was granted 318,725 restricted stock units, each representing a contingent right to receive one share of Class A common stock, vesting quarterly over four years from March 1, 2026.
On February 13, 2026, 24,965 shares of Class A common stock were delivered upon vesting of performance-based RSUs under the 2020 Incentive Award Plan. In connection with this vesting, 7,338 shares were withheld at a price of $21.76 per share to satisfy tax obligations, leaving 152,487 shares of Class A common stock directly owned afterward.
DraftKings Inc. director and officer Matthew Kalish reported equity compensation activity in Class A common stock. He acquired 51,464 shares on February 13, 2026 through the vesting of restricted stock units that were granted under DraftKings’ 2020 Incentive Award Plan and tied to performance goals.
To cover withholding taxes due at vesting, 22,273 shares were withheld by DraftKings at a price of $21.76 per share as a tax-withholding disposition, rather than an open-market sale. After these transactions, Kalish directly owned 5,822,300 Class A shares. He also had indirect ownership of 196,309 shares held by Kalish Family 2020 Irrevocable Trusts and 2,938 shares held by the Matthew P. Kalish 2020 Trust.
DraftKings Inc. Chief Legal Officer Dodge R. Stanton reported equity-based compensation activity. On February 17, 2026, he was granted 198,317 restricted stock units (RSUs) vesting quarterly over four years and 17,707 RSUs vesting monthly over one year, each RSU representing one Class A share. On February 13, 2026, 25,732 RSUs vested under the 2020 Incentive Award Plan after performance goals were achieved; 11,258 Class A shares were withheld by DraftKings to cover taxes, with the remainder delivered to Stanton. Following these transactions, he directly owned 522,889 shares of Class A Common Stock.
DraftKings Inc. insider Jason Robins reported equity compensation and related tax withholding transactions. He was granted 938,468 Restricted Stock Units, each representing a right to receive one share of Class A Common Stock, vesting quarterly over four years from March 1, 2026.
On Class A Common Stock, he reported an acquisition of 87,489 shares tied to RSU vesting under the 2020 Incentive Award Plan and a disposition of 42,301 shares used to satisfy withholding taxes at $21.76 per share. Following these transactions, he directly held 3,573,663 Class A shares and also reported 90 shares held indirectly through the Jason Robins Revocable Trust dated January 8, 2014.
DraftKings director and officer Paul Liberman reported multiple equity transactions involving company stock and awards. Trusts associated with him exercised stock options for 400,000 shares of Class A Common Stock at an exercise price of $3.29 per share, with the aggregate exercise price and tax withholdings paid in cash. He also received an award of 531,208 restricted stock units on February 17, 2026, scheduled to vest quarterly over four years from March 1, 2026.
Earlier in the period, 51,464 RSUs vested, delivering Class A shares while 22,273 shares were withheld to cover taxes. In addition, there were bona fide gifts totaling 400,000 shares of Class A Common Stock to family trusts, with the filing noting no purchase or sale occurred in connection with those transfers. The report also updates direct and indirect holdings across several Liberman-related trusts.
DraftKings Inc. director Harry Sloan bought 100,000 shares of Class A Common Stock in an open-market purchase. The average price was $21.85 per share, based on multiple trades between $21.76 and $22.00. After this transaction, he directly owns 350,219 DraftKings shares.
Janus Henderson Group plc has disclosed a significant ownership position in DraftKings Inc. The firm’s asset management subsidiaries may be deemed to beneficially own 25,313,909 shares of DraftKings Class A common stock, representing 5.1% of the class as of the reporting date.
Janus Henderson reports zero sole voting or dispositive power and shared voting and dispositive power over all 25,313,909 shares. The shares are held in various managed portfolios for clients, which have the right to receive dividends and sale proceeds, while Janus Henderson’s asset managers disclaim ownership of those economic rights.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of DraftKings, nor in connection with any control-related transaction.
DraftKings Inc. reports strong growth in its digital sports entertainment and gaming business, with revenue rising to $6,054.5 million in 2025 from $4,767.7 million in 2024 and $3,665.4 million in 2023. The company reached average monthly unique payers of 4.0 million in 2025, up from 3.7 million and 2.7 million in the prior two years, while average revenue per payer increased to $125. Sportsbook Handle grew to $53.6 billion in 2025 and Sportsbook Net Revenue Margin improved to 7.1%. DraftKings achieved net income of $3.7 million in 2025 after a net loss of $507.3 million in 2024, reflecting scale benefits and more efficient marketing. The filing also details significant regulatory, technology, competition and cybersecurity risks across its Sportsbook, iGaming, DFS, lottery courier and new CFTC-regulated prediction markets operations.
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.