DraftKings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	6,055	4,768	3,665	2,240	1,296
Revenue Growth (YoY)	26.99%	30.07%	63.60%	72.87%	110.90%
Cost of Revenue	3,557	2,951	2,292	1,484	794.16
Gross Profit	2,498	1,817	1,373	756.19	501.86
Selling, General & Admin	2,053	2,029	1,807	1,950	1,810
Research & Development	459.91	397.11	355.16	318.25	253.66
Total Operating Expenses	2,513	2,426	2,162	2,268	2,063
Operating Income	-15.82	-609	-789.23	-1,512	-1,562
Interest Income	-19.94	44.3	55.74	21.35	4.07
Interest Expense	-	-	-	-2.65	-2.11
Other Non-Operating Income (Expense)	42.77	-28.46	-57.77	50.1	42.02
Total Non-Operating Income (Expense)	22.83	15.84	-2.03	68.8	43.97
Pretax Income	7.01	-593.16	-791.25	-1,443	-1,518
Provision for Income Taxes	4.27	-86.34	10.17	-67.87	8.27
Net Income	3.71	-507.29	-802.14	-1,378	-1,523
Minority Interest in Earnings	-0.97	0.47	0.72	2.9	-2.72
Net Income to Common	3.71	-507.29	-802.14	-1,378	-1,523
Shares Outstanding (Basic)	496	482	463	437	402
Shares Outstanding (Diluted)	496	482	463	437	402
Shares Change (YoY)	2.89%	4.18%	5.98%	8.45%	31.71%
EPS (Basic)	0.01	-1.05	-1.73	-3.16	-3.78
EPS (Diluted)	-0.01	-1.05	-1.73	-3.16	-3.78
Shares Outstanding	497.77	487.63	466.24	448.85	407.78
Free Cash Flow	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	58.86%	-	-	-	-
Free Cash Flow Per Share	1.31	0.85	-0.05	-1.51	-1.08
Gross Margin	41.25%	38.11%	37.46%	33.75%	38.72%
Operating Margin	-0.26%	-12.77%	-21.53%	-67.48%	-120.49%
Profit Margin	0.05%	-10.63%	-21.86%	-61.38%	-117.74%
FCF Margin	10.69%	8.55%	-0.62%	-29.37%	-33.60%
EBITDA	259.67	-338.15	-587.31	-1,343	-1,440
EBITDA Margin	4.29%	-7.09%	-16.02%	-59.92%	-111.15%
EBIT	-15.82	-609	-789.23	-1,512	-1,562
EBIT Margin	-0.26%	-12.77%	-21.53%	-67.48%	-120.49%
Effective Tax Rate	60.94%	14.56%	-1.29%	4.70%	-0.54%

Updated Feb 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q