DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
25.03
-0.28 (-1.11%)
At close: Aug 20, 2026, 4:00 PM EDT
25.09
+0.06 (0.24%)
After-hours: Aug 20, 2026, 5:00 PM EDT
DraftKings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | -166.9 | 3.71 | -507.29 | -802.14 | -1,378 | -1,523 |
Depreciation & Amortization | 292.08 | 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 | 4.41 | 12.94 | 0.08 | -11 | -11.31 |
Loss (Gain) on Equity Investments | -8.18 | -0.97 | 0.47 | 0.72 | 2.9 | -2.72 |
Stock-Based Compensation | 323.53 | 339.31 | 381.37 | 398.46 | 578.8 | 683.29 |
Other Operating Activities | -68.47 | -56.44 | -81.52 | 64.33 | -109.2 | -43.47 |
Change in Accounts Receivable | 37.6 | 2.99 | 238.2 | -138.13 | -102.81 | -23.49 |
Change in Accounts Payable | 134.88 | 132.18 | -18.2 | 103.59 | 95.27 | 167.93 |
Change in Income Taxes | 16.63 | 15.24 | 3.57 | 2.95 | -9.27 | 13.23 |
Change in Other Net Operating Assets | 105.38 | -53.07 | 111.51 | 166.47 | 138.53 | 199.08 |
Operating Cash Flow | 670.95 | 662.86 | 417.77 | -1.75 | -625.52 | -419.51 |
Operating Cash Flow Growth | 30.62% | 58.67% | - | - | - | - |
Investing Activities
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 |
Capital Expenditures | -20.06 | -15.35 | -10.18 | -20.9 | -32.4 | -15.93 |
Cash Acquisitions | -16.38 | -16.38 | -441.49 | - | -96.51 | -64.97 |
Sale (Purchase) of Intangibles | -153.52 | -139.11 | -110.68 | -92.48 | -71.24 | -82.35 |
Investment in Securities | - | - | - | 24.43 | - | -25 |
Other Investing Activities | -6.99 | -6.94 | -4.26 | -1.4 | -8.61 | -6.78 |
Investing Cash Flow | -185.16 | -166 | -566.6 | -90.36 | -208.77 | -195.02 |
Financing Activities
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 |
Long-Term Debt Issued | - | 588.12 | - | - | - | 1,248 |
Total Debt Issued | - | 588.12 | - | - | - | 1,248 |
Long-Term Debt Repaid | - | -4.5 | - | - | - | - |
Total Debt Repaid | -6 | -4.5 | - | - | - | - |
Net Debt Issued (Repaid) | -6 | 583.62 | - | - | - | 1,248 |
Issuance of Common Stock | 26.67 | 25.82 | 9.17 | 16.83 | 8.79 | 32.17 |
Repurchase of Common Stock | -682.39 | -829.29 | -150.96 | -80.05 | -25.52 | -17.83 |
Other Financing Activities | -0.51 | -2.6 | -2.67 | - | - | -123.55 |
Financing Cash Flow | -662.23 | -222.46 | -144.47 | -63.22 | -16.73 | 1,139 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | - | - | - | - | - | 0.58 |
Net Cash Flow | -176.45 | 274.4 | -293.3 | -155.33 | -851.02 | 524.87 |
Free Cash Flow
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 |
Free Cash Flow | 650.89 | 647.5 | 407.59 | -22.65 | -657.92 | -435.43 |
Free Cash Flow Growth | 29.66% | 58.86% | - | - | - | - |
Free Cash Flow Margin | 10.46% | 10.70% | 8.55% | -0.62% | -29.37% | -33.60% |
Free Cash Flow Per Share | 1.31 | 1.31 | 0.85 | -0.05 | -1.51 | -1.08 |
Levered Free Cash Flow | 461.74 | 605.93 | 396.65 | 266.37 | -140.91 | -103.71 |
Unlevered Free Cash Flow | 485.6 | 618.4 | 396.65 | 266.37 | -139.26 | -102.39 |
Additional Metrics
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 |
Cash Interest Paid | 36.08 | 27.88 | - | - | - | - |
Cash Income Tax Paid | 2.49 | 8.24 | 5.27 | 8.34 | 10.37 | 5.63 |
Change in Working Capital | 294.49 | 97.35 | 335.08 | 134.88 | 121.72 | 356.75 |