DraftKings gained in post market trading after posting solid Q4 results and holding its full-year guidance steady.

For the three months ended March 31, 2026, DraftKings reported revenue of $1,646 million, an increase of $237 million, or 17%, compared to $1,409 million during the same period in 2025.

The increase in the company’s first quarter 2026 revenue was driven primarily by efficient customer acquisition over the past year and continued healthy customer engagement, as well as higher Sportsbook net revenue margin.

DraftKings’ monthly unique paying customers were down 4% year-over-year to 4.2M, compared to the consensus estimate of 4.6M. Average revenue per MUP was up 2% year-over-year during the quarter to $131. The increase was primarily due to strong customer retention and acquisition across sportsbook and iGaming offerings.

At the end of the quarter, DraftKings was live with mobile sports betting in 27 states and Washington, D.C., and Puerto Rico, which collectively represent approximately 53% of the U.S. population.

“We are off to a fantastic start to the year as our first-quarter results exceeded our expectations,” highlighted CEO Jason Robins.

“Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in Predictions. With our Super App, market-making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in Sports Predictions before year-end,” he added.