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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
DraftKings's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$1.30 B | $2.24 B | $3.67 B | $4.77 B | $6.05 B |
| Cost of Revenue |
|
$794.16 M | $1.48 B | $2.29 B | $2.95 B | $3.56 B |
| Gross Profit |
|
$501.86 M | $756.19 M | $1.37 B | $1.82 B | $2.50 B |
| Research & Development |
|
$253.66 M | $318.25 M | $355.16 M | $397.11 M | $459.91 M |
| Selling,General & Administrative |
|
$1.81 B | $1.95 B | $1.80 B | $2.03 B | $2.05 B |
| Operating Expense |
|
$2.06 B | $2.27 B | $2.16 B | $2.43 B | $2.51 B |
| Operating Income |
|
-$1.56 B | -$1.51 B | -$789.23 M | -$609.00 M | -$15.82 M |
| Net Income |
|
-$1.53 B | -$1.38 B | -$802.14 M | -$507.29 M | $3.71 M |
DraftKings's Assets vs Liabilities & Equity
DraftKings's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$2.15 B | $1.31 B | $1.27 B | $788.29 M | $1.60 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$2.75 B | $2.08 B | $2.07 B | $1.53 B | $1.82 B |
| Property,Plant and Equipment |
|
$109.85 M | $126.06 M | $154.68 M | $125.47 M | $100.89 M |
| Goodwill |
|
$615.66 M | $886.37 M | $886.37 M | $1.56 B | $1.60 B |
| Total Assets |
|
$4.07 B | $4.04 B | $3.94 B | $4.28 B | $4.53 B |
| Total Liabilities |
|
$2.39 B | $2.72 B | $3.10 B | $3.27 B | $3.90 B |
| Retained Earnings |
|
-$3.75 B | -$5.13 B | -$5.93 B | -$6.44 B | -$6.44 B |
| Total Shareholder Equity |
|
$1.68 B | $1.32 B | $840.31 M | $1.01 B | $631.46 M |
| Common Stock |
|
$80.00 K | $84.00 K | $85.00 K | $87.00 K | $91.00 K |
DraftKings's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$121.14 M | $169.25 M | $201.92 M | $270.85 M | $275.49 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$98.28 M | -$103.65 M | -$113.39 M | -$10.18 M | -$15.35 M |
| Free Cash Flow (FCF) |
|
-$517.78 M | -$729.16 M | -$115.14 M | $407.59 M | $647.50 M |
DraftKings's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$501.86 M | $756.19 M | $1.37 B | $1.82 B | $2.50 B |
| Gross Profit Margin (%) |
|
38.72% | 33.75% | 37.46% | 38.11% | 41.25% |
| Operating Income |
|
-$1.56 B | -$1.51 B | -$789.23 M | -$609.00 M | -$15.82 M |
| Operating Income Margin (%) |
|
-120.49% | -67.48% | -21.53% | -12.77% | -0.26% |
| Net Income |
|
-$1.53 B | -$1.38 B | -$802.14 M | -$507.29 M | $3.71 M |
| Net Income Margin (%) |
|
-117.53% | -61.50% | -21.88% | -10.64% | 0.06% |
| EBITDA |
|
-$1.40 B | -$1.27 B | -$586.65 M | -$319.35 M | $259.67 M |
| EBITDA Margin (%) |
|
-107.59% | -56.73% | -16.01% | -6.70% | 4.29% |
DraftKings's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
-90.91% | -103.96% | -95.46% | -50.20% | 0.59% |
| Return on Assets (ROA) |
|
-37.50% | -34.04% | -20.33% | -11.84% | 0.08% |
| Debt to Equity |
|
78.56% | 100.15% | 160.19% | 132.10% | 306.31% |
| Debt to total asset |
|
32.41% | 32.79% | 34.12% | 31.17% | 42.69% |
| Enterprise value to revenue |
|
7.89 | 2.23 | 4.47 | 3.88 | 2.17 |
| Enterprise value to EBITDA |
|
-7.32 | -3.92 | -27.92 | -57.85 | 50.50 |
| Enterprise value |
|
$10.22 B | $4.99 B | $16.38 B | $18.48 B | $13.11 B |
| Tax Rate (%) |
|
-0.55% | 4.69% | -1.28% | 14.54% | 53.53% |
Frequently Asked Questions
