DraftKings Predictions: ~$422 EBITDA per engaged customer this year while Predictions revenue stays immaterial
DraftKings (DKNG) reported Q3 on Thursday and cut its 2026 adjusted EBITDA guide to $175M-$275M to fund Predictions.
It is putting $650M-$700M of adjusted EBITDA into Predictions across more than 1.6 million engaged customers. That is about $422 per engaged customer at the midpoint while Predictions revenue stays immaterial for 2026. Not financial advice.
https://ir.aboutdraftkings.com/news/news-details/2026/DraftKings-Reports-Third-Quarter-Revenue-Growth-of-16/default.aspx
Sources: Benzinga: FY26 Adj. EBITDA cut to $175-275M from $700-900M; FY27 Predictions rev $650-750M · Yahoo/Benzinga: rev $1.329B vs $1.398B; adj loss $0.53 vs $0.39; AH selloff · @WOLF_Financial: DKNG rev $1.33B miss; adj EPS -$0.53; FY26 EBITDA $175-275M
Not financial advice. For informational and educational purposes only.
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