DraftKings Inc. (DKNG) Financial Statements
Industry: Miscellaneous Amusement & Recreation (Services)
In fiscal 2025, DraftKings reported revenue of $6.05B, up 27.0% from $4.77B the year before. Net income was $3.7M (a 0.1% net margin), or -$0.01 per diluted share. Gross margin was 41.3% and operating margin was -0.3%. Operating activities generated $662.9M of cash, leaving $647.5M of free cash flow. At fiscal year end, DraftKings held $4.53B in total assets against $3.90B in total liabilities, including $1.13B of cash and equivalents.
Open the full interactive DraftKings financials → Quarterly statements, key ratios, valuation history and price charts.
DraftKings Key Stats
| Share Price | $19.72 |
|---|---|
| Market Cap | $9.78B |
| Revenue YoY Growth | +27.0% |
| 52-Week Range | $18.59 – $36.24 |
| Shares Outstanding | 496.1 million (basic, 2026 Q2) |
DraftKings Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $2.24B | $3.67B | $4.77B | $6.05B |
| Gross Profit | $756.2M | $1.37B | $1.82B | $2.50B |
| Operating Income | -$1.51B | -$789.2M | -$609.0M | -$15.8M |
| Pre-Tax Income | -$1.44B | -$791.3M | -$593.2M | $7.0M |
| Income Tax | -$67.9M | $10.2M | -$86.3M | $4.3M |
| Net Income | -$1.38B | -$802.1M | -$507.3M | $3.7M |
| Diluted EPS | -$3.16 | -$1.73 | -$1.05 | -$0.01 |
DraftKings Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.14B | $1.99B | $1.65B | $1.44B |
| Net Income | -$256.8M | $136.4M | $21.1M | -$67.6M |
| Diluted EPS | -$0.52 | $0.28 | $0.03 | -$0.14 |
DraftKings Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $1.31B | $1.27B | $788.3M | $1.13B |
| Current Assets | $2.08B | $2.07B | $1.53B | $1.82B |
| Total Assets | $4.04B | $3.94B | $4.28B | $4.53B |
| Current Liabilities | $1.25B | $1.55B | $1.65B | $1.76B |
| Total Long-Term Debt | $1.25B | $1.25B | $1.26B | $1.84B |
| Total Liabilities | $2.72B | $3.10B | $3.27B | $3.90B |
| Shareholders' Equity | $1.32B | $840.3M | $1.01B | $631.5M |
DraftKings Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$625.5M | -$1.8M | $417.8M | $662.9M |
| Cash From Investing | -$208.8M | -$90.4M | -$566.6M | -$166.0M |
| Cash From Financing | -$16.7M | -$63.2M | -$144.5M | -$222.5M |
| Free Cash Flow | -$657.9M | -$22.7M | $407.6M | $647.5M |
Figures from DraftKings' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full DraftKings financials page for every line item.
DraftKings Company Profile
| Ticker | DKNG |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Amusement & Recreation (Services) |
| Headquarters | Boston, Massachusetts |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001883685 |
Frequently Asked Questions
What was DraftKings' revenue in fiscal 2025?
DraftKings (DKNG) reported revenue of $6.05B for fiscal 2025.
What is DraftKings' annual revenue history?
DraftKings' annual revenue by fiscal year: 2022: $2.24B; 2023: $3.67B; 2024: $4.77B; 2025: $6.05B.
What was DraftKings' net income in fiscal 2025?
DraftKings reported net income of $3.7M for fiscal 2025.
What was DraftKings' earnings per share (EPS) in fiscal 2025?
DraftKings' diluted EPS was -$0.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did DraftKings generate in fiscal 2025?
DraftKings generated $647.5M of free cash flow in fiscal 2025.
What was DraftKings' revenue last quarter?
In its most recent reported quarter (2026 Q2), DraftKings reported revenue of $1.44B.
How much debt does DraftKings have?
DraftKings reported $1.84B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of DraftKings are outstanding?
DraftKings reported a weighted average of 496.1 million basic shares outstanding in 2026 Q2.
What is DraftKings' market cap?
Based on its latest closing price, DraftKings (DKNG) has a market capitalization of about $9.78B.
When does DraftKings' fiscal year end?
DraftKings' fiscal year end, as registered with the SEC, is December 31.
Where is DraftKings headquartered?
DraftKings lists its business address in Boston, Massachusetts in its SEC filings.
DraftKings Competitors & Similar Companies
See all 14 Miscellaneous Amusement & Recreation (Services) companies →