DKNG · XBRL financial data
DraftKings financial statements, every fiscal year
The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (DKNG's year ends in late December)
| In millions of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Revenue from contracts with customers | 2,240 | 3,665 | 4,768 | 6,055 |
| Cost of revenue | 1,484 | 2,292 | 2,951 | 3,557 |
| General and administrative | 764 | 607 | 764 | 674 |
| Operating income (loss) | (1,512) | (789) | (609) | (16) |
| Interest income | 21 | 58 | 47 | — |
| Interest expense | 3 | 3 | 3 | — |
| Other income (expense) | 21 | (0) | (24) | 38 |
| Income tax expense (benefit) | (68) | 10 | (86) | 4 |
| Net income (loss) | (1,378) | (802) | (507) | 4 |
| Earnings per share, basic USD per share | (3.16) | (1.73) | (1.05) | 0.01 |
| Earnings per share, diluted USD per share | (3.16) | (1.73) | (1.05) | (0.01) |
| Weighted average shares, basic millions of shares | 437 | 463 | 482 | 496 |
| Weighted average shares, diluted millions of shares | 437 | 463 | 482 | 496 |
Balance sheet
CSVFiscal years (DKNG's year ends in late December)
| In millions of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,309 | 1,271 | 788 | 1,128 |
| Accounts receivable | 51 | 48 | 58 | 106 |
| Prepaid and other current assets | 95 | 99 | 83 | 105 |
| Total current assets | 2,085 | 2,071 | 1,534 | 1,815 |
| Property and equipment, net | 60 | 61 | 51 | 51 |
| Right-of-use asset | 66 | 94 | 75 | 50 |
| Goodwill | 886 | 886 | 1,555 | 1,598 |
| Total assets | 4,040 | 3,945 | 4,284 | 4,531 |
| Accounts payable | 10 | 34 | 54 | 68 |
| Total current liabilities | 1,246 | 1,550 | 1,655 | 1,755 |
| Lease liability, non-current | 69 | 81 | 68 | 44 |
| Total liabilities | 2,717 | 3,105 | 3,273 | 3,899 |
| Accumulated deficit | (5,132) | (5,934) | (6,441) | (6,438) |
| Total stockholders' equity | 1,323 | 840 | 1,011 | 631 |
| Total liabilities and equity | 4,040 | 3,945 | 4,284 | 4,531 |
Cash flows
CSVFiscal years (DKNG's year ends in late December)
| In millions of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Net income (loss) | (1,378) | (802) | (507) | 4 |
| Stock-based compensation | 579 | 398 | 381 | 339 |
| Net cash from operating activities | (626) | (2) | 418 | 663 |
| Purchases of property and equipment | 32 | 21 | 10 | 15 |
| Net cash from investing activities | (209) | (90) | (567) | (166) |
| Proceeds from issuing common stock | 0 | — | — | — |
| Share repurchases | 26 | 80 | 48 | 572 |
| Proceeds from long-term debt | — | 0 | 0 | 588 |
| Repayments of long-term debt | — | 0 | 0 | 5 |
| Net cash from financing activities | (17) | (63) | (144) | (222) |
| Net change in cash | (851) | (155) | (293) | 274 |
Compare with peers
SIC 7990 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7990 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| DraftKings | 984 | 1,443 | 111* | not reported | — | 10-QJun 30, 2026 |
| Planet Fitness | 298 | 365 | 46* | not reported | — | 10-QJun 30, 2026 |
| StubHub Holdings | 1,693 | 573 | 322* | not reported | — | 10-QJun 30, 2026 |
| Madison Square Garden Sports | 165 | 279* | 58* | not reported | — | 10-KJun 30, 2026 |
| Vail Resorts | 231 | 278* | (103)* | 35.6M | 2.6 quarters | 10-KJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.