DraftKings Inc. (DKNG) — Financial statements
Income statement, balance sheet, and cash flow for DraftKings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,055↑27.0% | 4,768↑30.1% | 3,665↑63.6% | 2,240↑72.9% | 1,296 | |
| Cost of Revenue | 3,557↑20.6% | 2,951↑28.7% | 2,292↑54.4% | 1,484↑86.9% | 794 | |
| Gross Profit | 2,498↑37.4% | 1,817↑32.3% | 1,373↑81.6% | 756↑50.7% | 502 | |
| Operating Expenses | ||||||
| R&D Expenses | 460↑15.8% | 397↑11.8% | 355↑11.6% | 318↑25.5% | 254 | |
| General & Administrative Expenses | 674↓11.8% | 764↑26.0% | 607↓20.6% | 764↓7.8% | 828 | |
| Selling & Marketing Expenses | 1,380↑9.1% | 1,265↑5.3% | 1,201↑1.2% | 1,186↑20.8% | 982 | |
| SG&A Expenses | 2,053↑1.2% | 2,029↑12.3% | 1,807↓7.3% | 1,950↑7.7% | 1,810 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,513↑3.6% | 2,426↑12.2% | 2,162↓4.7% | 2,268↑9.9% | 2,063 | |
| Total Costs & Expenses | 6,070↑12.9% | 5,377↑20.7% | 4,455↑18.7% | 3,752↑31.3% | 2,858 | |
| Operating Results | ||||||
| Operating Income | -16↑97.4% | -609↑22.8% | -789↑47.8% | -1,512↑3.2% | -1,562 | |
| Depreciation & Amortization | 275↑1.7% | 271↑34.1% | 202↑19.3% | 169↑39.7% | 121 | |
| EBITDA | 260↑181.3% | -319↑45.6% | -587↑53.8% | -1,271↑8.8% | -1,394 | |
| EBIT | -16↑97.3% | -590↑25.2% | -789↑45.2% | -1,440↑5.0% | -1,516 | |
| Interest & Other Income | ||||||
| Net Interest Income | -20↓145.0% | 44↓20.5% | 56↑198.0% | 19↑855.6% | 2 | |
| Interest Income | 0.00↓100.0% | 47↓19.1% | 58↑173.6% | 21↑425.2% | 4 | |
| Interest Expense | 20↑573.9% | 3↑10.5% | 3↑1.1% | 3↑25.7% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -19↓2787.9% | -0.65↑99.1% | -71↓55.0% | -46 | |
| Other Income / Expenses | 24↑54.8% | 15↑659.6% | -3↓104.2% | 66↑41.1% | 47 | |
| Income Before Tax | 8↑101.3% | -594↑25.0% | -792↑45.2% | -1,446↑4.6% | -1,515 | |
| Income Tax Expense | 4↑105.0% | -86↓949.0% | 10↑115.0% | -68↓920.7% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4↑100.7% | -507↑36.8% | -802↑41.8% | -1,378↑9.5% | -1,523 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4↑100.7% | -507↑36.8% | -802↑41.8% | -1,378↑9.5% | -1,523 | |
| Bottom-Line Net Income | -4↑99.2% | -507↑36.8% | -802↑41.8% | -1,378↑9.5% | -1,523 | |
| EPS (Basic) | 0.01↑100.7% | -1.05↑39.3% | -1.73↑45.1% | -3.15↑16.9% | -3.79 | |
| EPS (Diluted) | -0.01↑99.2% | -1.05↑39.3% | -1.73↑45.1% | -3.15↑16.9% | -3.79 | |
| Weighted Average Shares | 371↓23.0% | 482↑4.2% | 463↑6.0% | 437↑8.5% | 402 | |
| Weighted Average Diluted Shares | 496↑2.9% | 482↑4.2% | 463↑6.0% | 437↑8.5% | 402 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.