DraftKings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	3,665	2,240	1,296	614.53	323.41	226.28	191.84
Revenue Growth (YoY)	63.60%	72.87%	110.90%	90.02%	42.93%	17.95%	-
Cost of Revenue	2,292	1,484	794.16	346.59	103.89	48.69	31.75
Gross Profit	1,373	756.19	501.86	267.94	219.52	177.59	160.09
Selling, General & Admin	1,807	1,950	1,810	942.57	310.14	221.48	213.08
Research & Development	355.16	318.25	253.66	168.63	55.93	32.89	20.21
Operating Expenses	2,162	2,268	2,063	1,111	366.07	254.37	233.29
Operating Income	-789.23	-1,511.76	-1,561.62	-843.26	-146.55	-76.78	-73.2
Interest Expense / Income	2.68	2.65	2.11	1.07	-1.35	-0.67	1.54
Other Expense / Income	0.07	-68.55	-48.8	388.13	-2.52	-	0.61
Pretax Income	-791.97	-1,445.85	-1,514.93	-1,232.46	-142.68	-76.12	-75.35
Income Tax	10.17	-67.87	8.27	-0.62	0.06	0.11	0.21
Net Income	-802.14	-1,377.99	-1,523.2	-1,231.84	-142.73	-76.22	-75.56
Shares Outstanding (Basic)	466	449	406	392	50	-	-
Shares Outstanding (Diluted)	-	-	-	-	50	-	-
Shares Change	3.88%	10.43%	3.76%	683.42%	-	-	-
EPS (Basic)	-1.73	-3.16	-3.78	-4.03	-0.77	-0.45	-0.54
EPS (Diluted)	-1.73	-3.16	-3.78	-4.03	-0.77	-0.45	-0.54
Free Cash Flow	-103.03	-721.95	-481.98	-233.4	-78.1	-72	-96.15
Free Cash Flow Per Share	-0.22	-1.61	-1.19	-0.60	-1.56	-	-
Gross Margin	37.46%	33.75%	38.72%	43.60%	67.88%	78.48%	83.45%
Operating Margin	-21.53%	-67.48%	-120.49%	-137.22%	-45.31%	-33.93%	-38.15%
Profit Margin	-21.88%	-61.50%	-117.53%	-200.45%	-44.13%	-33.68%	-39.38%
Free Cash Flow Margin	-2.81%	-32.22%	-37.19%	-37.98%	-24.15%	-31.82%	-50.12%
EBITDA	-587.37	-1,273.95	-1,391.68	-1,153.98	-130.39	-69.28	-67.5
EBITDA Margin	-16.02%	-56.86%	-107.38%	-187.78%	-40.32%	-30.62%	-35.19%
Depreciation & Amortization	201.92	169.25	121.14	77.41	13.64	7.5	6.3
EBIT	-789.29	-1,443.2	-1,512.82	-1,231.39	-144.02	-76.78	-73.81
EBIT Margin	-21.53%	-64.42%	-116.73%	-200.38%	-44.53%	-33.93%	-38.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).