DraftKings Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $6.1B | $4.8B | $3.7B | $2.2B | $1.3B |
| Cost of revenue | $3.6B | $3.0B | $2.3B | $1.5B | $794.2M |
| Operating income | -$15.8M | -$609.0M | -$789.2M | -$1.5B | -$1.6B |
| Interest expense | — | $3.0M | $2.7M | $2.7M | $2.1M |
| Pretax income | $7.0M | -$593.2M | -$791.3M | -$1.4B | -$1.5B |
| Income tax expense | $4.3M | -$86.3M | $10.2M | -$67.9M | $8.3M |
| Net income | $3.7M | -$507.3M | -$802.1M | -$1.4B | -$1.5B |
| Balance Sheet | |||||
| Cash and equivalents | $1.1B | $788.3M | $1.3B | $1.3B | $2.2B |
| Current assets | $1.8B | $1.5B | $2.1B | $2.1B | $2.8B |
| Total assets | $4.5B | $4.3B | $3.9B | $4.0B | $4.1B |
| Current liabilities | $1.8B | $1.7B | $1.5B | $1.2B | $929.4M |
| Total liabilities | $3.9B | $3.3B | $3.1B | $2.7B | $2.4B |
| Total debt | $1.9B | — | — | — | — |
| Stockholders' equity | $631.5M | $1.0B | $840.3M | $1.3B | $1.7B |
| Cash Flow Statement | |||||
| Cash from operations | $662.9M | $417.8M | -$1.8M | -$625.5M | -$419.5M |
| Depreciation and amortization | $275.5M | $270.9M | $201.9M | $169.3M | $121.1M |
| Stock-based compensation | $339.3M | $381.4M | $398.5M | $578.8M | $683.3M |
| Capital expenditure | $15.4M | $10.2M | $20.9M | $32.4M | $15.9M |
| Free cash flow | $647.5M | $407.6M | -$22.7M | -$657.9M | -$435.4M |
| Share repurchases | $571.5M | $48.1M | $0 | $0 | $17.8M |
| Impairments | — | — | $0 | $0 | $0 |
Shares outstanding 889.1M · Free float 52.8%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.