DraftKings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,292	6,055	4,768	3,665	2,240	1,296
Revenue Growth (YoY)	25.80%	26.99%	30.07%	63.60%	72.87%	110.90%
Cost of Revenue	3,663	3,557	2,951	2,292	1,484	794.16
Gross Profit	2,629	2,498	1,817	1,373	756.19	501.86
Selling, General & Admin	2,113	2,053	2,029	1,807	1,950	1,810
Research & Development	479.83	459.91	397.11	355.16	318.25	253.66
Total Operating Expenses	2,593	2,513	2,426	2,162	2,268	2,063
Operating Income	36.36	-15.82	-609	-789.23	-1,512	-1,562
Interest Income	-18.44	-19.94	44.3	55.74	21.35	4.07
Interest Expense	-11.64	-	-	-	-2.65	-2.11
Other Non-Operating Income (Expense)	63.07	42.77	-28.46	-57.77	50.1	42.02
Total Non-Operating Income (Expense)	32.99	22.83	15.84	-2.03	68.8	43.97
Pretax Income	69.35	7.01	-593.16	-791.25	-1,443	-1,518
Provision for Income Taxes	16.24	4.27	-86.34	10.17	-67.87	8.27
Net Income	58.64	3.71	-507.29	-802.14	-1,378	-1,523
Minority Interest in Earnings	-5.53	-0.97	0.47	0.72	2.9	-2.72
Net Income to Common	58.64	3.71	-507.29	-802.14	-1,378	-1,523
Shares Outstanding (Basic)	496	496	482	463	437	402
Shares Outstanding (Diluted)	508	496	482	463	437	402
Shares Change (YoY)	2.40%	2.89%	4.18%	5.98%	8.45%	31.71%
EPS (Basic)	0.12	0.01	-1.05	-1.73	-3.16	-3.78
EPS (Diluted)	0.06	-0.01	-1.05	-1.73	-3.16	-3.78
Shares Outstanding	495.76	495.05	487.63	466.24	448.85	407.78
Free Cash Flow	713.64	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	10.21%	58.86%	-	-	-	-
Free Cash Flow Per Share	1.40	1.31	0.85	-0.05	-1.51	-1.08
Gross Margin	41.79%	41.25%	38.11%	37.46%	33.75%	38.72%
Operating Margin	0.58%	-0.26%	-12.77%	-21.53%	-67.48%	-120.49%
Profit Margin	0.84%	0.05%	-10.63%	-21.86%	-61.38%	-117.74%
FCF Margin	11.34%	10.69%	8.55%	-0.62%	-29.37%	-33.60%
EBITDA	313.39	259.67	-338.15	-587.31	-1,343	-1,440
EBITDA Margin	4.98%	4.29%	-7.09%	-16.02%	-59.92%	-111.15%
EBIT	36.36	-15.82	-609	-789.23	-1,512	-1,562
EBIT Margin	0.58%	-0.26%	-12.77%	-21.53%	-67.48%	-120.49%
Effective Tax Rate	23.42%	60.94%	14.56%	-1.29%	4.70%	-0.54%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q