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)

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1281,2281,2621,120788878
Cash and cash equivalent1,1281,2281,2621,120788878
Restricted cash and investments855171614
Receivables1066669675864
Other undisclosed current assets574647451598671688
Total current assets:1,8151,9451,7871,8011,5341,644
Noncurrent Assets
Operating lease, right-of-use asset506669727583
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization515253535153
Long-term investments and receivables191914131313
Long-term investments191914131313
Intangible asset, including goodwill, after accumulated amortization2,4872,4162,4352,4602,4882,348
Goodwill1,5981,5551,5551,5551,5551,456
Intangible asset, excluding goodwill, after accumulated amortization889861880905933892
Derivative instruments and hedges      
Other undisclosed noncurrent assets109125116117123132
Total noncurrent assets:2,7162,6792,6882,7152,7502,629
TOTAL ASSETS:4,5314,6244,4744,5164,2844,273
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:785711553577661701
Accounts payable 68   54 
Accrued liabilities 335   267 
Other undisclosed accounts payable and accrued liabilities383711553577341701
Deferred revenue175178116134166179
Business combination, contingent consideration, liability      
Other liabilities2531454834
Other undisclosed current liabilities770856620740824763
Total current liabilities:1,7551,7761,3351,4991,6551,647
Noncurrent Liabilities
Long-term debt and lease obligation1,8361,8361,8361,8431,2561,256
Long-term debt, excluding current maturities1,8361,8361,8361,8431,2561,256
Liabilities, other than long-term debt308272280291340269
Deferred income tax liabilities928884757674
Other liabilities172125133150196119
Operating lease, liability445962656876
Other undisclosed noncurrent liabilities  714112225
Total noncurrent liabilities:2,1442,1162,1302,1441,6181,550
Total liabilities:3,8993,8923,4653,6433,2733,197
Equity
Equity, attributable to parent, including:6317321,0108731,0111,076
Treasury stock, value(1,392)(1,011)(908)(780)(563)(490)
Additional paid in capital8,4258,2808,1988,0917,9787,836
Accumulated other comprehensive income363636363636
Accumulated deficit(6,438)(6,574)(6,317)(6,475)(6,441)(6,306)
Other undisclosed equity, attributable to parent000000
Total equity:6317321,0108731,0111,076
TOTAL LIABILITIES AND EQUITY:4,5314,6244,4744,5164,2844,273

Income Statement (P&L) ($ in millions)

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Revenues1,9891,1441,5131,4091,3931,095
Cost of revenue(1,075)(784)(855)(844)(835)(742)
Gross profit:915360658565558353
Operating expenses(629)(517)(399)(508)(585)(548)
Other undisclosed operating loss(134)(115)(108)(103)(112)(104)
Operating income (loss):152(272)151(46)(139)(299)
Nonoperating income (expense)(3)173710(9)5
Investment income, nonoperating   12999
Other nonoperating income (expense)(3)17240(18)(5)
Interest and debt expense   (12)(5)(1)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(2)(15)(6)230
Income (loss) from continuing operations before equity method investments, income taxes:147(271)170(39)(146)(295)
Income (loss) from equity method investments(0)2(0)(0)(0)(0)
Income (loss) from continuing operations before income taxes:147(269)170(39)(146)(295)
Income tax expense (benefit)(10)12(12)6111
Net income (loss) available to common stockholders, basic:136(257)158(34)(135)(294)
Other undisclosed net loss available to common stockholders, diluted(8) (1)   
Net income (loss) available to common stockholders, diluted:129(257)157(34)(135)(294)

Comprehensive Income ($ in millions)

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Net income (loss):136(257)158(34)(135)(294)
Comprehensive income (loss), net of tax, attributable to parent:136(257)158(34)(135)(294)

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.

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