DKNG
Company Description
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.05B | 4.77B | 3.67B | 2.24B | 1.30B | 614.53M | 323.41M | 226.28M | 191.84M |
| Net Income | 3.71M | (507.29M) | (802.14M) | (1.38B) | (1.52B) | (1.23B) | (142.73M) | (76.22M) | (75.56M) |
| EPS | -0.01 | -1.05 | -1.73 | -3.15 | -3.79 | -4.03 | -0.77 | -0.41 | -0.41 |
| Free Cash Flow | 647.50M | 407.59M | (115.14M) | (729.16M) | (517.78M) | (385.57M) | (88.85M) | (72.25M) | (96.15M) |
| FCF / Share | 1.75 | 0.85 | -0.25 | -1.67 | -1.29 | -1.26 | -0.48 | -0.39 | -0.52 |
| Operating CF | 662.86M | 417.77M | (1.75M) | (625.52M) | (419.51M) | (337.88M) | (46.58M) | (45.58M) | (88.44M) |
| Total Assets | 4.53B | 4.28B | 3.94B | 4.04B | 4.07B | 3.44B | 330.73M | 299.39M | 183.03M |
| Total Debt | 1.93B | 1.34B | 1.35B | 1.32B | 1.32B | 81.61M | 75.11M | 3.75M | 5.00M |
| Cash & Equiv | 1.60B | 788.29M | 1.27B | 1.31B | 2.15B | 1.82B | 76.53M | 117.91M | 49.27M |
| Book Value | 631.46M | 1.01B | 840.31M | 1.32B | 1.68B | 2.63B | (49.58M) | (185.23M) | 644,000 |
| Return on Equity | 0.01 | -0.50 | -0.95 | -1.04 | -0.91 | -0.47 | N/A | N/A | -117.32 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.65B | 1.99B | 1.14B | 1.51B | 1.41B | 1.39B | 1.10B | 1.10B | 1.17B | 1.23B | 789.96M | 874.93M |
| Net Income | 21.07M | 136.43M | (256.79M) | 157.94M | (33.86M) | (134.85M) | (293.69M) | 63.82M | (142.57M) | (44.62M) | (283.10M) | (77.27M) |
| EPS | 0.04 | 0.28 | -0.52 | 0.32 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 |
| Free Cash Flow | (55.52M) | 316.52M | 247.92M | 169.60M | (121.66M) | 323.16M | 101.77M | 26.97M | (107.68M) | 71.05M | 105.43M | (40.74M) |
| FCF / Share | -0.11 | 0.65 | 0.50 | 0.34 | -0.25 | 0.66 | 0.21 | 0.06 | -0.23 | 0.15 | 0.23 | -0.09 |
| Operating CF | (48.44M) | 320.47M | 287.48M | 173.92M | (119.02M) | 325.19M | 133.58M | 29.39M | (70.39M) | 72.07M | 145.40M | (17.72M) |
| Total Assets | 4.31B | 4.53B | 4.62B | 4.47B | 4.52B | 4.28B | 4.27B | 4.22B | 3.80B | 3.94B | 3.86B | 3.61B |
| Total Debt | 1.34B | 1.93B | 1.91B | 1.91B | 1.92B | 1.34B | 1.34B | 1.34B | 1.34B | 1.35B | 1.34B | 1.32B |
| Cash & Equiv | 999.40M | 1.60B | 1.23B | 1.26B | 1.12B | 788.29M | 877.82M | 815.88M | 1.19B | 1.27B | 1.11B | 1.11B |
| Book Value | 605.05M | 631.46M | 732.29M | 1.01B | 872.91M | 1.01B | 1.08B | 1.30B | 830.98M | 840.31M | 801.42M | 1.02B |
| Return on Equity | 0.03 | 0.22 | -0.35 | 0.16 | -0.04 | -0.13 | -0.27 | 0.05 | -0.17 | -0.05 | -0.35 | -0.08 |