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Feb 12, 2026 4:40 PM

DraftKings Stock Drops On Q4 Results Despite Earnings Beat

DraftKings Inc (NASDAQ:DKNG) reported financial results for the fourth quarter after the market close on Thursday. Here’s a rundown of the report.

DraftKings shares are trending. What’s impacting DKNG stock?

DraftKings Tops Analyst Estimates In Q4

DraftKings reported fourth-quarter revenue of $1.99 billion, beating analyst estimates of $1.98 billion, according to Benzinga Pro. The sports betting and online gaming company reported adjusted earnings of 36 cents per share for the quarter, beating estimates of 14 cents per share.

Total revenue was up 43% on a year-over-year basis, driven primarily by continued healthy customer engagement, efficient acquisition of new customers and higher Sportsbook net revenue ...