DKNG
DraftKings Inc
NASDAQ: DKNG · CONSUMER CYCLICAL · GAMBLING
$23.32
+0.78% today
Updated 2026-04-30
Market cap
$11.60B
P/E ratio
—
P/S ratio
1.92x
EPS (TTM)
$-0.01
Dividend yield
—
52W range
$20 – $49
Volume
13.1M
DraftKings Inc (DKNG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.84M | $226.28M | $323.41M | $614.53M | $1.30B | $2.24B | $3.67B | $4.77B | $6.05B |
| Revenue growth (YoY) | — | +17.9% | +42.9% | +90.0% | +110.9% | +72.9% | +63.6% | +30.1% | +27.0% |
| Cost of revenue | $31.75M | $48.69M | $103.89M | $346.59M | $794.16M | $1.48B | $2.29B | $2.95B | $3.56B |
| Gross profit | $160.09M | $177.59M | $219.52M | $267.94M | $501.86M | $756.19M | $1.37B | $1.82B | $2.50B |
| Gross margin | 83.5% | 78.5% | 67.9% | 43.6% | 38.7% | 33.8% | 37.5% | 38.1% | 41.3% |
| R&D | $20.21M | $32.88M | $55.93M | $168.63M | $253.66M | $318.25M | $355.16M | $397.11M | $459.91M |
| SG&A | $56.45M | $75.90M | $124.87M | $447.37M | $828.33M | $763.72M | $606.57M | $764.10M | $673.60M |
| Operating income | $-73.20M | $-76.78M | $-146.54M | $-843.26M | $-1.56B | $-1.51B | $-789.23M | $-609.00M | $-15.82M |
| Operating margin | -38.2% | -33.9% | -45.3% | -137.2% | -120.5% | -67.5% | -21.5% | -12.8% | -0.3% |
| EBITDA | $-66.90M | $-69.28M | $-132.91M | $-765.85M | $-1.39B | $-1.27B | $-586.65M | $-319.35M | $259.67M |
| EBITDA margin | -34.9% | -30.6% | -41.1% | -124.6% | -107.6% | -56.7% | -16.0% | -6.7% | 4.3% |
| EBIT | $-73.20M | $-76.78M | $-146.54M | $-843.26M | $-1.52B | $-1.44B | $-788.57M | $-590.20M | $-15.82M |
| Interest expense | $1.54M | $0.00 | $3.87M | $1.07M | $2.11M | $2.65M | $2.68M | $2.96M | $19.94M |
| Income tax | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-75.56M | $-76.22M | $-142.73M | $-1.23B | $-1.52B | $-1.38B | $-802.14M | $-507.29M | $3.71M |
| Net income growth (YoY) | — | -0.9% | -87.3% | -763.0% | -23.7% | +9.5% | +41.8% | +36.8% | +100.7% |
| Profit margin | -39.4% | -33.7% | -44.1% | -200.5% | -117.5% | -61.5% | -21.9% | -10.6% | 0.1% |