DraftKings Inc. (DKNG)

NASDAQ: DKNG · Real-Time Price · USD

26.14

+0.72 (2.83%)

At close: Aug 14, 2026, 4:00 PM EDT

26.18

+0.04 (0.13%)

After-hours: Aug 14, 2026, 7:59 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	Jun '26 Jun 30, 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	6,223	6,055	4,768	3,665	2,240	1,296
Revenue Growth	15.03%	26.99%	30.07%	63.60%	72.87%	110.90%
Gross Profit	4,737	4,608	3,475	2,608	756.19	501.86
Operating Income	-169.24	-2.6	-473.57	-786.17	-1,494	-1,536
Net Income	-166.9	3.71	-507.29	-802.14	-1,378	-1,523
Earnings Per Share	-0.35	-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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Sportsbook	3,934	3,827	2,903	2,106	1,033
iGaming	1,875	1,805	1,508	1,217	821.85
Other Products	414.11	422.82	357.03	342.24	385.83
Revenue (Total)	6,223	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	Jun '26 Jun 30, 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	983.88	1,128	788.29	1,271	1,327	2,180
Total Debt	1,916	1,890	1,335	1,346	1,325	1,319
Net Cash (Debt)	-932.13	-762.28	-546.8	-75.58	2.73	861.49
Net Cash Growth	-	-	-	-	-99.68%	-50.37%
Net Cash Per Share	-1.88	-1.54	-1.13	-0.16	0.01	2.14

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	670.95	662.86	417.77	-1.75	-625.52	-419.51
Capital Expenditures	-20.06	-15.35	-10.18	-20.9	-32.4	-15.93
Free Cash Flow	650.89	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	29.66%	58.86%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	76.13%	76.11%	72.89%	71.17%	33.75%	38.72%
Operating Margin	-2.72%	-0.04%	-9.93%	-21.45%	-66.70%	-118.54%
Pretax Margin	-2.64%	0.13%	-12.45%	-21.61%	-64.53%	-116.89%
Profit Margin	-2.68%	0.06%	-10.64%	-21.88%	-61.50%	-117.53%
FCF Margin	10.46%	10.70%	8.55%	-0.62%	-29.37%	-33.60%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 15, 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
PE Ratio	-	4623.52	-	-	-	-
Forward PE	47.54	114.22	215.52	-	-	-
P/FCF Ratio	19.94	26.49	44.51	-	-	-
PS Ratio	2.09	2.83	3.81	4.48	2.28	8.62