DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
43.09
-0.46 (-1.06%)
At close: Nov 22, 2024, 4:00 PM
43.11
+0.02 (0.05%)
After-hours: Nov 22, 2024, 7:52 PM EST
DraftKings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2017 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2017 |
| Revenue | 4,606 | 3,665 | 2,240 | 1,296 | 614.53 | 323.41 | Upgrade
|
| Revenue Growth (YoY) | 40.01% | 63.60% | 72.87% | 110.90% | 90.02% | 42.93% | Upgrade
|
| Cost of Revenue | 2,833 | 2,292 | 1,484 | 794.16 | 346.59 | 103.89 | Upgrade
|
| Gross Profit | 1,773 | 1,373 | 756.19 | 501.86 | 267.94 | 219.52 | Upgrade
|
| Selling, General & Admin | 1,851 | 1,804 | 1,932 | 1,785 | 906.16 | 299.67 | Upgrade
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| Research & Development | 373.21 | 355.16 | 318.25 | 253.66 | 168.63 | 55.93 | Upgrade
|
| Operating Expenses | 2,224 | 2,159 | 2,251 | 2,038 | 1,075 | 355.59 | Upgrade
|
| Operating Income | -451.06 | -786.17 | -1,494 | -1,536 | -806.85 | -136.07 | Upgrade
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| Interest Expense | -2.89 | -2.68 | -2.65 | -2.11 | -1.07 | - | Upgrade
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| Interest & Investment Income | 57.27 | 58.42 | 21.35 | 4.07 | - | 1.35 | Upgrade
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| Earnings From Equity Investments | -0.29 | -0.72 | -2.9 | 2.72 | -0.57 | -0.48 | Upgrade
|
| Other Non Operating Income (Expenses) | -20.05 | -57.77 | 50.1 | 42.02 | -387.57 | 3 | Upgrade
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| EBT Excluding Unusual Items | -417.01 | -788.91 | -1,429 | -1,490 | -1,196 | -132.2 | Upgrade
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| Merger & Restructuring Charges | -18.36 | -3.06 | -17.32 | -25.32 | -36.41 | -10.47 | Upgrade
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| Pretax Income | -485.4 | -791.97 | -1,446 | -1,515 | -1,232 | -142.68 | Upgrade
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| Income Tax Expense | -68.35 | 10.17 | -67.87 | 8.27 | -0.62 | 0.06 | Upgrade
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| Net Income | -417.06 | -802.14 | -1,378 | -1,523 | -1,232 | -142.73 | Upgrade
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| Net Income to Common | -417.06 | -802.14 | -1,378 | -1,523 | -1,232 | -142.73 | Upgrade
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| Shares Outstanding (Basic) | 477 | 463 | 437 | 402 | 306 | 185 | Upgrade
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| Shares Outstanding (Diluted) | 477 | 463 | 437 | 402 | 306 | 185 | Upgrade
|
| Shares Change (YoY) | 4.18% | 5.98% | 8.45% | 31.71% | 65.54% | 8.73% | Upgrade
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| EPS (Basic) | -0.87 | -1.73 | -3.16 | -3.78 | -4.03 | -0.77 | Upgrade
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| EPS (Diluted) | -0.87 | -1.73 | -3.16 | -3.78 | -4.03 | -0.77 | Upgrade
|
| Free Cash Flow | 155.48 | -22.65 | -657.92 | -435.43 | -205.91 | -63.28 | Upgrade
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| Free Cash Flow Per Share | 0.33 | -0.05 | -1.51 | -1.08 | -0.67 | -0.34 | Upgrade
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| Gross Margin | 38.50% | 37.46% | 33.75% | 38.72% | 43.60% | 67.88% | Upgrade
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| Operating Margin | -9.79% | -21.45% | -66.70% | -118.54% | -131.30% | -42.07% | Upgrade
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| Profit Margin | -9.06% | -21.88% | -61.50% | -117.53% | -200.45% | -44.13% | Upgrade
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| Free Cash Flow Margin | 3.38% | -0.62% | -29.37% | -33.60% | -33.51% | -19.57% | Upgrade
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| EBITDA | -191.1 | -584.25 | -1,325 | -1,415 | -729.44 | -122.44 | Upgrade
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| EBITDA Margin | -4.15% | -15.94% | -59.15% | -109.19% | -118.70% | -37.86% | Upgrade
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| D&A For EBITDA | 259.95 | 201.92 | 169.25 | 121.14 | 77.41 | 13.64 | Upgrade
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| EBIT | -451.06 | -786.17 | -1,494 | -1,536 | -806.85 | -136.07 | Upgrade
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| EBIT Margin | -9.79% | -21.45% | -66.70% | -118.54% | -131.29% | -42.07% | Upgrade
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| Advertising Expenses | - | 984.4 | 964.9 | 831.1 | 430.4 | 152.2 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.