DraftKings generated about $1.3 billion in revenue during the third quarter of 2026, an increase of roughly 16% from a year earlier. The operator said customer engagement and a stronger sportsbook net revenue margin supported the growth.
A review of the quarterly figures by Global Gaming Insider put sportsbook handle at $13.9 billion, up 21.9%. Sportsbook revenue reached $783.6 million and iGaming revenue was $460.9 million.
The revenue gain came alongside a wider net loss of $468.7 million. Adjusted EBITDA was negative $316.9 million as investment in the company's predictions business weighed on the quarter.
DraftKings said more than 1.6 million customers had used its predictions product during 2026. Management described the quarter as pivotal for that offering while pointing to continued strength in the operator's core sportsbook and online casino operations.
