DraftKings Inc. (DKNG) Financial Statements (2026 and earlier)

Company Profile

Business Address 222 BERKELEY STREET
BOSTON, MA 02116
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 799 - Miscellaneous Amusement And Recreation (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1287881,2711,309
Cash and cash equivalent1,1287881,2711,309
Restricted cash and investments81612 
Receivables106584851
Other undisclosed current assets574671742725
Total current assets:1,8151,5342,0712,085
Noncurrent Assets
Operating lease, right-of-use asset50759466
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization51516160
Long-term investments and receivables19131010
Long-term investments19131010
Intangible asset, including goodwill, after accumulated amortization2,4872,4881,5771,663
Goodwill1,5981,555886886
Intangible asset, excluding goodwill, after accumulated amortization889933691777
Derivative instruments and hedges    
Other undisclosed noncurrent assets109123132156
Total noncurrent assets:2,7162,7501,8731,955
TOTAL ASSETS:4,5314,2843,9454,040
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:785661640518
Accounts payable 68543410
Accrued liabilities 335267262320
Other undisclosed accounts payable and accrued liabilities383341344188
Deferred revenue175166174134
Business combination, contingent consideration, liability    
Other liabilities2534738
Other undisclosed current liabilities770824689557
Total current liabilities:1,7551,6551,5501,246
Noncurrent Liabilities
Long-term debt and lease obligation1,8361,2561,2541,251
Long-term debt, excluding current maturities1,8361,2561,2541,251
Liabilities, other than long-term debt308340238209
Deferred income tax liabilities92767370
Other liabilities1721968470
Operating lease, liability44688169
Other undisclosed noncurrent liabilities  226411
Total noncurrent liabilities:2,1441,6181,5551,471
Total liabilities:3,8993,2733,1052,717
Equity
Equity, attributable to parent, including:6311,0118401,323
Treasury stock, value(1,392)(563)(412)(332)
Additional paid in capital8,4257,9787,1506,750
Accumulated other comprehensive income36363636
Accumulated deficit(6,438)(6,441)(5,934)(5,132)
Other undisclosed equity, attributable to parent0000
Total equity:6311,0118401,323
TOTAL LIABILITIES AND EQUITY:4,5314,2843,9454,040

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Revenues6,0554,7683,6652,240
Cost of revenue(3,557)(2,951)(2,292)(1,484)
Gross profit:2,4981,8171,373756
Operating expenses(2,053)(2,029)(1,807)(1,950)
Other undisclosed operating loss(460)(397)(355)(318)
Operating income (loss):(16)(609)(789)(1,512)
Nonoperating income38245821
Investment income, nonoperating 4758 
Other nonoperating income (expense)38(24)(0)21
Interest and debt expense (3)(3) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(15)(5)(58)48
Income (loss) from continuing operations before equity method investments, income taxes:7(593)(791)(1,443)
Income (loss) from equity method investments1(0)(1)(3)
Income (loss) from continuing operations before income taxes:8(594)(792)(1,446)
Income tax expense (benefit)(4)86(10)68
Net income (loss) available to common stockholders, basic:4(507)(802)(1,378)
Other undisclosed net loss available to common stockholders, diluted(8)   
Net income (loss) available to common stockholders, diluted:(4)(507)(802)(1,378)

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Net income (loss):4(507)(802)(1,378)
Comprehensive income (loss), net of tax, attributable to parent:4(507)(802)(1,378)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: