Company Analysis

DraftKings Inc. (DKNG)

Nasdaq: DKNG · Services-Miscellaneous Amusement & Recreation · Boston, MA · filing with the SEC since 2021
Grade6.2
◀ Past 6.3● Present 6.8▶ Future 5.3
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 13, 2026Feb 14, 2025Feb 16, 2024Feb 17, 2023···
Revenue6,054,5254,767,6993,665,3932,240,4611,296,025614,532·
For lenders
Net interest income···18,7021,957-1,070·
Cost of revenue3,556,9472,950,5612,292,1751,484,273794,162346,589·
Sales and marketing1,379,8801,264,9201,200,7181,185,977981,500495,192·
General and administrative673,603764,103606,569763,720828,325447,374·
Operating income-15,817-608,999-789,225-1,511,756-1,561,617-843,256·
Interest expense·2,9592,6792,6512,109··
Interest and investment income·47,25958,41821,3534,066··
Interest income (expense), net-19,94144,30055,739····
Share of profit of equity-method investments971-468-719-2,8952,718-566·
Other income (expense), net38,024-23,514-22420,70011,9510·
Income before income taxes7,013-593,158-791,253-1,442,958-1,517,644-1,231,891·
Income tax expense4,274-86,34110,170-67,8668,269-622·
Net income3,710-507,285-802,142-1,377,987-1,523,195-1,231,835·
Earnings per share, basic0.01-1.05-1.73-3.16-3.78-4.03·
Earnings per share, diluted-0.01-1.05-1.73-3.16-3.78-4.03·
Weighted average shares, basic495,638481,954462,599436,513402,492305,593·
Weighted average shares, diluted495,903481,954462,599436,513402,492305,593·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton DKNG · research, not advice