NASDAQ · DKNGCommunication ServicesAmusement & Recreation

DraftKings financials

$19.59−7.42%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
Revenue$6.05B$4.77B$3.67B$2.24B
Gross profit$2.50B$1.82B$1.37B$756.2M
Gross margin41.3%38.1%37.5%33.8%
Operating income-$15.8M-$609.0M-$789.2M-$1.51B
Net income$3.7M-$507.3M-$802.1M-$1.38B
Net margin0.1%−10.6%−21.9%−61.5%
Diluted EPS$-0.01$-1.05$-1.73$-3.16
EBITDA$259.7M-$338.1M-$587.3M-$1.34B
Operating cash flow$662.9M$417.8M-$1.8M-$625.5M
Free cash flow$647.5M$407.6M-$22.7M-$657.9M
Diluted shares495.9M482.0M462.6M436.5M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31
Cash & equivalents$1.13B$788.3M$1.27B$1.31B
Short-term investments$0.00$0.00$0.00$0.00
Total debt$1.84B$1.26B$1.25B$1.25B
Total assets$4.53B$4.28B$3.94B$4.04B
Total liabilities$3.90B$3.27B$3.10B$2.72B
Shareholders' equity$631.5M$1.01B$840.3M$1.32B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology