DraftKings Inc. (NASDAQ: DKNG) reported record revenue and earnings in its second-quarter 2025 earnings report. This was expected, as DKNG stock was up approximately 11% in the month before earnings, and analysts had been raising their price targets.
But even investors may have been surprised at the magnitude of the beat on the top and bottom lines. In fact, DraftKings set records in both generating earnings per share (EPS) of 30 cents on revenue of $1.51 billion. The top-line number was 37% on a year-over-year (YOY) basis.
