DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
39.41
-0.69 (-1.72%)
Mar 7, 2025, 4:00 PM EST - Market closed

DraftKings Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2017
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2017
Revenue
4,7683,6652,2401,296614.53
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Revenue Growth (YoY)
30.07%63.60%72.87%110.90%90.02%
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Cost of Revenue
2,9512,2921,484794.16346.59
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Gross Profit
1,8171,373756.19501.86267.94
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Selling, General & Admin
2,0031,8041,9321,785906.16
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Research & Development
397.11355.16318.25253.66168.63
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Operating Expenses
2,4002,1592,2512,0381,075
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Operating Income
-582.61-786.17-1,494-1,536-806.85
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Interest Expense
-2.96-2.68-2.65-2.11-1.07
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Interest & Investment Income
47.2658.4221.354.07-
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Earnings From Equity Investments
-0.47-0.72-2.92.72-0.57
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Other Non Operating Income (Expenses)
-28.46-57.7750.142.02-387.57
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EBT Excluding Unusual Items
-567.24-788.91-1,429-1,490-1,196
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Merger & Restructuring Charges
-26.39-3.06-17.32-25.32-36.41
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Pretax Income
-593.63-791.97-1,446-1,515-1,232
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Income Tax Expense
-86.3410.17-67.878.27-0.62
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Net Income
-507.29-802.14-1,378-1,523-1,232
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Net Income to Common
-507.29-802.14-1,378-1,523-1,232
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Shares Outstanding (Basic)
482463437402306
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Shares Outstanding (Diluted)
482463437402306
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Shares Change (YoY)
4.18%5.98%8.45%31.71%65.54%
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EPS (Basic)
-1.05-1.73-3.16-3.78-4.03
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EPS (Diluted)
-1.05-1.73-3.16-3.78-4.03
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Free Cash Flow
407.59-22.65-657.92-435.43-205.91
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Free Cash Flow Per Share
0.85-0.05-1.51-1.08-0.67
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Gross Margin
38.11%37.46%33.75%38.72%43.60%
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Operating Margin
-12.22%-21.45%-66.70%-118.54%-131.30%
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Profit Margin
-10.64%-21.88%-61.50%-117.53%-200.45%
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Free Cash Flow Margin
8.55%-0.62%-29.37%-33.60%-33.51%
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EBITDA
-311.76-584.25-1,325-1,415-729.44
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EBITDA Margin
-6.54%-15.94%-59.15%-109.19%-118.70%
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D&A For EBITDA
270.85201.92169.25121.1477.41
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EBIT
-582.61-786.17-1,494-1,536-806.85
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EBIT Margin
-12.22%-21.45%-66.70%-118.54%-131.29%
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Advertising Expenses
1,050984.4964.9831.1430.4
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Source: S&P Capital IQ. Standard template. Financial Sources.