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DraftKings (IK1) Financial Statements

DraftKings Financial Overview

DraftKings's market cap is currently $16.60B. The company's EPS TTM is $-0.34; its P/E ratio is -62.08; DraftKings is scheduled to report earnings on November 5, 2026, and the estimated EPS forecast is $-0.35. See an overview of income statement, balance sheet, and cash flow financials.

Financial overview
Dec 25Dec 24Dec 23Dec 22Dec 21
Income Statement
Total Revenue$ 6.05B$ 4.77B$ 3.67B$ 2.24B$ 1.30B
Gross Profit$ 2.50B$ 1.82B$ 1.37B$ 756.19M$ 501.86M
Operating Income$ -15.82M$ -609.00M$ -789.23M$ -1.51B$ -1.56B
EBITDA$ 303.41M$ -319.35M$ -586.65M$ -1.27B$ -1.39B
Net Income$ 3.71M$ -507.29M$ -802.14M$ -1.38B$ -1.52B
Balance Sheet
Cash & Short-Term Investments$ 1.60B$ 788.29M$ 1.27B$ 1.31B$ 2.15B
Total Assets$ 4.53B$ 4.28B$ 3.94B$ 4.04B$ 4.07B
Total Debt$ 1.93B$ 1.34B$ 1.35B$ 1.32B$ 1.32B
Net Debt$ 329.62M$ 546.79M$ 75.58M$ 15.52M$ -834.28M
Total Liabilities$ 3.90B$ 3.27B$ 3.10B$ 2.72B$ 2.39B
Stockholders' Equity$ 631.46M$ 1.01B$ 840.31M$ 1.32B$ 1.68B
Cash Flow
Free Cash Flow$ 647.50M$ 407.59M$ -115.14M$ -729.16M$ -517.78M
Operating Cash Flow$ 662.86M$ 417.77M$ -1.75M$ -625.52M$ -419.51M
Investing Cash Flow$ -166.00M$ -566.60M$ -90.36M$ -208.77M$ -195.02M
Financing Cash Flow$ -222.46M$ -144.47M$ -63.22M$ -16.73M$ 1.14B

Currency in USD

DraftKings Earnings and Revenue History

-4B04B8B-240 %-120 %0 %120 %EarningsProfit Margin201720182019202020212022202320242025RevenueEarningsProfit Margin

DraftKings Debt to Assets

02B4B6B0 %60 %120 %180 %LiabilitiesDebt to Assets201720182019202020212022202320242025AssetsLiabilitiesDebt to Assets

DraftKings Cash Flow

-1B01B2B3B201720182019202020212022202320242025OperatingInvestingFinancing

DraftKings Forecast EPS vs Actual EPS

-0.6-0.4-0.200.20.4Q2 25Q3 25Q4 25Q1 26Q2 26Q3 26EPS EstimateBeatMiss