DraftKings (DKNG) Q2 FY26 earnings call

DraftKings delivered a strong Q2 FY26, driven by robust core business performance and rapid adoption of its new predictions offering. The company achieved significant customer acquisition efficiency and accelerated unique payer growth, while its vertically integrated Super App strategy is yielding strong engagement. Management maintains its full-year guidance, confident in the underlying earnings power and the incremental opportunity presented by predictions, despite near-term profitability impacts from customer-friendly sport outcomes and increased acquisition spend.