DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
18.89
-0.23 (-1.20%)
At close: Nov 13, 2026, 4:00 PM EST
18.83
-0.06 (-0.32%)
After-hours: Nov 13, 2026, 7:58 PM EST

DraftKings Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
6,4086,0554,7683,6652,2401,296
Revenue Growth
17.39%26.99%30.07%63.60%72.87%110.90%
Gross Profit
4,8714,6083,4752,608756.19501.86
Operating Income
-390.48-2.6-473.57-786.17-1,494-1,536
Net Income
-378.833.71-507.29-802.14-1,378-1,523
Earnings Per Share
-0.78-0.01-1.05-1.73-3.16-3.78
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22
Sports
4,1213,8272,9032,1061,033
iGaming
1,8841,8051,5081,217821.85
Other Products
402.03422.82357.03342.24385.83
Revenue (Total)
6,4086,0554,7683,6652,240

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,1011,128788.291,2711,3272,180
Total Debt
2,2831,8901,3351,3461,3251,319
Net Cash (Debt)
-1,182-762.28-546.8-75.582.73861.49
Net Cash Growth
-----99.68%-50.37%
Net Cash Per Share
-2.38-1.54-1.13-0.160.012.14

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
383.5662.86417.77-1.75-625.52-419.51
Capital Expenditures
-59.39-15.35-10.18-20.9-32.4-15.93
Free Cash Flow
324.11647.5407.59-22.65-657.92-435.43
Free Cash Flow Growth
-50.45%58.86%----

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
76.02%76.11%72.89%71.17%33.75%38.72%
Operating Margin
-6.09%-0.04%-9.93%-21.45%-66.70%-118.54%
Pretax Margin
-5.57%0.13%-12.45%-21.61%-64.53%-116.89%
Profit Margin
-5.91%0.06%-10.64%-21.88%-61.50%-117.53%
FCF Margin
5.06%10.70%8.55%-0.62%-29.37%-33.60%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-4623.52----
Forward PE
81.09114.22215.52---
P/FCF Ratio
29.0426.4944.51---
PS Ratio
1.472.833.814.482.288.62