DraftKings Inc.

DraftKings Inc.

DKNG
DraftKings Inc.US flagNASDAQ Global Select
21.27
USD
+0.02
- -
10.55BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.49
0.58
1.75
2.01
3.22
5.14
7.92
9.89
12.21
12.41
Basic EPS, GAAP
-0.19
-0.2
-0.77
-4.03
-3.78
-3.16
-1.73
-1.05
0.01
-0.33
Free Cash Flow per Basic Share
-0.23
-0.18
-0.48
-0.79
-1.29
-1.67
-0.25
0.62
1.03
0.99
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.59
-0.16
6.64
4.12
2.94
1.78
2.07
1.28
1.15
Tangible Book Value per Share
- -
-0.66
-0.28
3.8
1.29
-0.76
-1.56
-3.02
-3.75
-3.76
Basic Weighted Avg Shares
391
391
185
306
402
436
463
482
496
501
Sales/Revenue/Turnover
192
226
323
615
1,296
2,240
3,665
4,768
6,055
6,223
Operating Margin (%)
-38.15
-33.93
-45.31
-137.22
-120.49
-67.48
-21.53
-12.77
-0.26
-2.93
Depreciation Expense
6
7
14
77
121
169
202
271
275
292
Net Income, GAAP
-76
-76
-143
-1,232
-1,523
-1,378
-802
-507
4
-167
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
60.94
34.69
Profit Margin (%)
-39.38
-33.68
-44.13
-200.45
-117.53
-61.5
-21.88
-10.64
0.06
-2.68
Working Capital
- -
66
6
1,640
1,824
838
522
-121
60
26
LT Debt
- -
- -
68
69
1,306
1,320
1,335
1,324
1,880
1,906
Total Equity
- -
-185
-50
2,631
1,679
1,323
840
1,011
631
569
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-0.24
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.15
3.38
Return on Common Equity (%)
- -
- -
- -
- -
-70.68
-91.83
-74.17
-54.81
0.45
-21.14

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
11
10
LT Borrowings
1,836
1,835
1,835
LT Finance Leases
44
72
71
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
495
496
496
Market Capitalization
17,060
10,718
12,528

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,815
1,578
1,577
Cash, Cash Equivalents & STI
1,128
999
984
Accounts Receivable, Net
106
86
82
Inventories
- -
- -
- -
Total Current Liabilities
1,755
1,548
1,551
Payables & Accruals
627
704
689
ST Debt
10
11
10
Deferred Revenue
56
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-22.23%
-37.52%
Free Cash Flow
- -
-42.9%
71.23%
Net Income, GAAP
- -
-33.03%
-100.73%
Sales/Revenue/Turnover
- -
60.89%
26.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,175
1,104
1,095
1,393
4,768
2025
1,409
1,513
1,144
1,989
6,055
2026
1,646
1,443
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.3
0.13
-0.6
-0.28
-1.05
2025
-0.07
0.32
-0.52
0.26
0.01
2026
0.04
-0.14
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jason D. Robins
Full Time Employees
5,500
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
Address
222 Berkeley Street Boston MA United States of America 02116
IPO Date
Jul 25, 2019
Business
DraftKings Inc. (Nasdaq: DKNG) operates as a leading digital sports entertainment and gaming company, offering online sports betting, iGaming, daily fantasy sports (DFS), digital lottery courier services, media products, and retail sportsbooks. Founded in 2012 and headquartered in Boston, Massachusetts, the company provides a vertically integrated technology platform that supports sportsbook wagering on a wide range of sports with features like live betting, parlays, and progressive parlays; iGaming options including blackjack, roulette, slots, and live dealer games; DFS contests for daily, weekly, or single-game lineups across major sports; and innovative products such as Pick6 peer-to-peer fantasy variants and forthcoming DraftKings Predictions for trading event contracts on real-world outcomes in sports, finance, culture, and entertainment. DraftKings serves sports fans, bettors, and gamers primarily in the United States across 28 states plus Washington, D.C., and Ontario, Canada, with additional operations in select international markets including the United Kingdom and Malta; it targets both consumer and business-to-business segments through proprietary platforms enhanced by artificial intelligence and customer data analytics. Recent developments include the October 2025 acquisition of Railbird Technologies to enable the launch of DraftKings Predictions; a multi-year advertising and integration partnership with NBCUniversal announced in September 2025; the November 2025 agreement with ESPN to become its official sports betting and odds provider following the unwind of ESPN Bet; market expansions such as the December 2025 mobile sportsbook launch in Missouri and a collaboration with Boot Hill Casino & Resort; the introduction of Dynasty Rewards loyalty program enhancements and new features like Progressive Parlay and Pick6 in 2025; and the acquisition of Mustard Systems' golf pricing business.

Company News

  • DraftKings: The Market Focuses Too Much On Concerns

  • DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big?

  • Gaming Your Portfolio: Should You Add Take-Two Ahead of GTA 6's November Launch?

  • DraftKings Sees Strong NFL Start, Prediction Markets Surge as $1B EBITDA Target Holds

  • DraftKings: Prediction Pessimism Overly Done - H2'26 Outperformance May Deliver Breakout

  • DraftKings (DKNG) Dips More Than Broader Market: What You Should Know

  • DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks Up

  • DraftKings Inc. (DKNG) Presents at Wells Fargo 9th Annual Consumer Conference Transcript

  • DraftKings Sees Strong NFL Start, Prediction Markets Surge as $1B EBITDA Target Holds

  • Can DKNG's Vertical Integration Unlock a 30% Adjusted EBITDA Margin?

  • DraftKings used AI to target losing bettors: ‘The best investment would be a problem gambler'

  • DraftKings Announces Jason Robins' Participation in Upcoming Event

  • DraftKings stock is losing to prediction markets despite CEO reassurances

  • Sportsbooks remain king this football season, but upstarts are making a run for the money

  • TRWD Develops Licensing-Led Expansion Strategy to Complement Acquisition Model and Expand Beyond 100+ Venue Goal

  • Here's Why DraftKings (DKNG) Fell More Than Broader Market

  • VIRGINIA RETIREMENT SYSTEMS ET Al Invests $735,000 in DraftKings Inc. $DKNG

  • Walt Disney vs. Roblox: Which Media Stock Is a Better Buy in 2026?

  • DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know

  • DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education