DraftKings Cash Flow 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
Net Income	3.71	-507.29	-802.14	-1,378	-1,523
Depreciation & Amortization	275.49	270.85	201.92	169.25	121.14
Loss (Gain) From Sale of Assets	-	5.87	-	-	-
Loss (Gain) From Sale of Investments	4.41	12.94	0.08	-11	-11.31
Loss (Gain) on Equity Investments	-0.97	0.47	0.72	2.9	-2.72
Stock-Based Compensation	339.31	381.37	398.46	578.8	683.29
Other Operating Activities	-56.44	-81.52	64.33	-109.2	-43.47
Change in Accounts Receivable	2.99	238.2	-138.13	-102.81	-23.49
Change in Accounts Payable	132.18	-18.2	103.59	95.27	167.93
Change in Income Taxes	15.24	3.57	2.95	-9.27	13.23
Change in Other Net Operating Assets	-53.07	111.51	166.47	138.53	199.08
Operating Cash Flow	662.86	417.77	-1.75	-625.52	-419.51
Operating Cash Flow Growth	58.67%	-	-	-	-
Capital Expenditures	-15.35	-10.18	-20.9	-32.4	-15.93
Cash Acquisitions	-16.38	-441.49	-	-96.51	-64.97
Sale (Purchase) of Intangibles	-139.11	-110.68	-92.48	-71.24	-82.35
Investment in Securities	-	-	24.43	-	-25
Other Investing Activities	-6.94	-4.26	-1.4	-8.61	-6.78
Investing Cash Flow	-166	-566.6	-90.36	-208.77	-195.02
Long-Term Debt Issued	588.12	-	-	-	1,248
Total Debt Issued	588.12	-	-	-	1,248
Long-Term Debt Repaid	-4.5	-	-	-	-
Total Debt Repaid	-4.5	-	-	-	-
Net Debt Issued (Repaid)	583.62	-	-	-	1,248
Issuance of Common Stock	25.82	9.17	16.83	8.79	32.17
Repurchase of Common Stock	-829.29	-150.96	-80.05	-25.52	-17.83
Other Financing Activities	-2.6	-2.67	-	-	-123.55
Financing Cash Flow	-222.46	-144.47	-63.22	-16.73	1,139
Foreign Exchange Rate Adjustments	-	-	-	-	0.58
Net Cash Flow	274.4	-293.3	-155.33	-851.02	524.87
Free Cash Flow	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	58.86%	-	-	-	-
Free Cash Flow Margin	10.70%	8.55%	-0.62%	-29.37%	-33.60%
Free Cash Flow Per Share	1.31	0.85	-0.05	-1.51	-1.08
Cash Interest Paid	27.88	-	-	-	-
Cash Income Tax Paid	8.24	5.27	8.34	10.37	5.63
Levered Free Cash Flow	605.93	379.28	266.37	-140.91	-103.71
Unlevered Free Cash Flow	618.4	379.28	266.37	-139.26	-102.39
Change in Working Capital	97.35	335.08	134.88	121.72	356.75

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q