DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company is headquartered in Boston, Massachusetts and currently employs 5,500 full-time employees. The company went IPO on 2019-07-03. The company provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. The company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. The company owns Jackpocket, a digital lottery courier app in the United States. The company is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. The company also owns and operates DraftKings Network, a multi-platform content ecosystem.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
6,054
6,054
4,767
3,665
2,240
1,296
Revenue Growth (YoY)
27%
27%
30%
64%
73%
111%
Cost of Revenue
3,556
3,556
2,950
2,292
1,484
794
Gross Profit
2,497
2,497
1,817
1,373
756
501
Selling, General & Admin
2,047
2,047
2,002
1,804
1,949
1,809
Research & Development
459
459
397
355
318
253
Operating Expenses
2,507
2,507
2,399
2,159
2,267
2,063
Other Non Operating Income (Expenses)
42
42
-28
-57
50
30
Pretax Income
7
7
-593
-791
-1,443
-1,517
Income Tax Expense
4
4
-86
10
-67
8
Net Income
3
3
-507
-802
-1,378
-1,523
Net Income Growth
-101%
-101%
-37%
-42%
-10%
24%
Shares Outstanding (Diluted)
497.04
495.9
481.95
462.59
436.5
402.5
Shares Change (YoY)
2%
3%
4%
6%
8%
32%
EPS (Diluted)
0
0
-1.05
-1.73
-3.16
-3.78
EPS Growth
-100%
-101%
-39%
-45%
-16%
-6%
Free Cash Flow
516
516
311
-103
-721
-481
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
41.24%
41.24%
38.11%
37.46%
33.75%
38.65%
Operating Margin
-0.16%
-0.16%
-12.2%
-21.44%
-67.45%
-120.44%
Profit Margin
0.04%
0.04%
-10.63%
-21.88%
-61.51%
-117.51%
Free Cash Flow Margin
8.52%
8.52%
6.52%
-2.81%
-32.18%
-37.11%
EBITDA
265
265
-312
-585
-1,342
-1,440
EBITDA Margin
4.37%
4.37%
-6.54%
-15.96%
-59.91%
-111.11%
D&A For EBITDA
275
275
270
201
169
121
EBIT
-10
-10
-582
-786
-1,511
-1,561
EBIT Margin
-0.16%
-0.16%
-12.2%
-21.44%
-67.45%
-120.44%
Effective Tax Rate
57.14%
57.14%
14.5%
-1.26%
4.64%
-0.52%
Follow-Up Questions
What are Draftkings Inc's key financial statements?
According to the latest financial statement (Form-10K), Draftkings Inc has a total asset of $4,530, Net profit of $3
What are the key financial ratios for DKNG?
Draftkings Inc's Current ratio is 1.16, has a Net margin is 0.04, sales per share of $12.2.
How is Draftkings Inc's revenue broken down by segment or geography?
Draftkings Inc largest revenue segment is Sportsbook, at a revenue of 2,902,857,000 in the most earnings release.For geography, United States is the primary market for Draftkings Inc, at a revenue of 4,649,136,000.
Is Draftkings Inc profitable?
yes, according to the latest financial statements, Draftkings Inc has a net profit of $3
Does Draftkings Inc have any liabilities?
yes, Draftkings Inc has liability of 3,899
How many outstanding shares for Draftkings Inc?
Draftkings Inc has a total outstanding shares of 888.06