DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
25.15
-0.31 (-1.22%)
At close: Mar 6, 2026, 4:00 PM EST
25.27
+0.12 (0.49%)
After-hours: Mar 6, 2026, 5:14 PM EST

DraftKings Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2017
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2017
Revenue
6,0554,7683,6652,2401,296
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Revenue Growth (YoY)
26.99%30.07%63.60%72.87%110.90%
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Cost of Revenue
1,4461,2921,0571,484794.16
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Gross Profit
4,6083,4752,608756.19501.86
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Selling, General & Admin
2,0401,8941,8041,9321,785
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Research & Development
459.91397.11355.16318.25253.66
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Other Operating Expenses
2,1111,6581,235--
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Operating Expenses
4,6113,9493,3952,2512,038
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Operating Income
-2.6-473.57-786.17-1,494-1,536
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Interest Expense
-19.94---2.65-2.11
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Interest & Investment Income
-44.355.7421.354.07
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Earnings From Equity Investments
0.97-0.47-0.72-2.92.72
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Other Non Operating Income (Expenses)
4.72-22.59-57.7750.142.02
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EBT Excluding Unusual Items
-16.85-452.33-788.91-1,429-1,490
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Merger & Restructuring Charges
-13.21-54.19-3.06-17.32-25.32
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Gain (Loss) on Sale of Assets
--5.87---
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Legal Settlements
--81.25---
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Other Unusual Items
38.05----
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Pretax Income
7.98-593.63-791.97-1,446-1,515
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Income Tax Expense
4.27-86.3410.17-67.878.27
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Net Income
3.71-507.29-802.14-1,378-1,523
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Net Income to Common
3.71-507.29-802.14-1,378-1,523
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Shares Outstanding (Basic)
496482463437402
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Shares Outstanding (Diluted)
496482463437402
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Shares Change (YoY)
2.89%4.18%5.98%8.45%31.71%
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EPS (Basic)
0.01-1.05-1.73-3.16-3.78
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EPS (Diluted)
-0.01-1.05-1.73-3.16-3.78
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Free Cash Flow
647.5407.59-22.65-657.92-435.43
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Free Cash Flow Per Share
1.310.85-0.05-1.51-1.08
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Gross Margin
76.11%72.89%71.17%33.75%38.72%
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Operating Margin
-0.04%-9.93%-21.45%-66.70%-118.54%
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Profit Margin
0.06%-10.64%-21.88%-61.50%-117.53%
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Free Cash Flow Margin
10.70%8.55%-0.62%-29.37%-33.60%
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EBITDA
272.88-202.71-584.25-1,325-1,415
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EBITDA Margin
4.51%-4.25%-15.94%-59.15%-109.19%
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D&A For EBITDA
275.49270.85201.92169.25121.14
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EBIT
-2.6-473.57-786.17-1,494-1,536
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EBIT Margin
-0.04%-9.93%-21.45%-66.70%-118.54%
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Effective Tax Rate
53.53%----
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Advertising Expenses
1,1251,050984.4964.9831.1
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Source: S&P Capital IQ. Standard template. Financial Sources.