DraftKings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

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
Net Income	58.64	3.71	-507.29	-802.14	-1,378	-1,523
Depreciation & Amortization	277.03	275.49	270.85	201.92	169.25	121.14
Stock-Based Compensation	325.68	339.31	381.37	398.46	578.8	683.29
Other Adjustments	-44.58	-5.52	-68.12	23.51	-117.31	-57.49
Change in Receivables	33.73	2.99	238.2	-138.13	-102.81	-23.49
Changes in Accounts Payable	120.13	132.18	-18.2	103.59	95.27	167.93
Changes in Income Taxes Payable	17.46	15.24	3.57	2.95	-9.27	13.23
Changes in Other Operating Activities	-34.88	-53.07	111.51	166.47	138.53	199.08
Operating Cash Flow	733.43	662.86	417.77	-1.75	-625.52	-419.51
Operating Cash Flow Growth	98.68%	58.67%	-	-	-	-
Capital Expenditures	-19.79	-15.35	-10.18	-20.9	-32.4	-15.93
Purchases of Intangible Assets	-144.36	-139.11	-110.68	-92.48	-71.24	-82.35
Proceeds from Sale of Investments	-	-	-	24.43	-	-25
Payments for Business Acquisitions	-	-16.38	-441.49	-	-96.51	-64.97
Other Investing Activities	-6.44	4.85	-4.26	-1.4	-8.61	-6.78
Investing Cash Flow	-175.19	-166	-566.6	-90.36	-208.77	-195.02
Long-Term Debt Issued	-	588.12	-	-	-	1,248
Long-Term Debt Repaid	-6	-4.5	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-6	583.62	-	-	-	1,248
Issuance of Common Stock	22.29	25.82	9.17	16.83	8.79	32.17
Repurchase of Common Stock	-578.82	-829.29	-150.96	-80.05	-25.52	-17.83
Net Common Stock Issued (Repurchased)	-556.53	-803.47	-141.8	-63.22	-16.73	14.34
Other Financing Activities	-0.51	-2.6	-2.67	-	-	-123.55
Financing Cash Flow	-716.41	-222.46	-144.47	-63.22	-16.73	1,139
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	-	-	0.58
Net Cash Flow	-158.16	274.4	-293.3	-155.33	-851.02	524.87
Free Cash Flow	713.64	647.5	407.59	-22.65	-657.92	-435.43
Free Cash Flow Growth	10.21%	58.86%	-	-	-	-
FCF Margin	11.34%	10.69%	8.55%	-0.62%	-29.37%	-33.60%
Free Cash Flow Per Share	1.40	1.31	0.85	-0.05	-1.51	-1.08
Levered Free Cash Flow	412.61	941.82	-149.73	-348.11	-1,017	210.28
Unlevered Free Cash Flow	387.81	348.31	-162.8	-345.34	-1,079	-1,085

SEC Filings: 10-K · 10-Q