DraftKings Inc. (DKNG)

NASDAQ: DKNG · Real-Time Price · USD

23.01

+0.20 (0.88%)

At close: Jul 24, 2026, 4:00 PM EDT

23.11

+0.10 (0.43%)

After-hours: Jul 24, 2026, 7:56 PM EDT

DraftKings Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

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	25.80%	26.99%	30.07%	63.60%	72.87%	110.90%
Gross Profit	2,629	2,498	1,817	1,373	756.19	501.86
Operating Income	36.36	-15.82	-609	-789.23	-1,512	-1,562
Net Income	58.64	3.71	-507.29	-802.14	-1,378	-1,523
Earnings Per Share	0.06	-0.01	-1.05	-1.73	-3.16	-3.78
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Sportsbook	4,040	3,827	2,903	2,106	1,033
iGaming	1,842	1,805	1,508	1,217	821.85
Other Products	409.35	422.82	357.03	342.24	385.83
Revenue (Total)	6,292	6,055	4,768	3,665	2,240

Cash & Debt

Fiscal Year	Current	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
Cash & Investments	1,378	1,597	1,314	1,612	1,779	2,630
Total Debt	1,918	1,890	1,335	1,346	1,325	1,319
Net Cash (Debt)	-539.78	-292.83	-21.39	265.71	454.14	1,311
Net Cash Growth	-	-	-	-41.49%	-65.37%	-35.20%
Net Cash Per Share	-1.06	-0.59	-0.04	0.57	1.04	3.26

Cash Flow & CapEx

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
Operating Cash Flow	733.43	662.86	417.77	-1.75	-625.52	-419.51
Capital Expenditures	-19.79	-15.35	-10.18	-20.9	-32.4	-15.93
Free Cash Flow	713.64	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	98.59%	58.86%	-	-	-	-

Margins

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
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%
Pretax Margin	1.10%	0.12%	-12.44%	-21.59%	-64.40%	-117.10%
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%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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
Forward PE	63.27	114.22	215.52	-	-	-
P/FCF Ratio	16.00	26.35	44.50	-	-	-
PS Ratio	1.81	2.82	3.80	4.48	2.28	8.64