DraftKings Financial Statements From 2010 to 2026

DKNG Stock  USD 25.56  0.74  2.81%   
DraftKings' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing DraftKings' valuation are provided below:
Gross Profit
2.4 B
Profit Margin
(0.05)
Market Capitalization
13.5 B
Enterprise Value Revenue
2.6067
Revenue
5.5 B
There are over one hundred nineteen available fundamental signals for DraftKings, which can be analyzed over time and compared to other ratios. Active traders should verify all of DraftKings prevailing fundamental drivers against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. Enterprise Value is estimated to decrease to about 1.4 B

DraftKings Total Revenue

5.76 Billion

Check DraftKings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DraftKings' main balance sheet or income statement drivers, such as Net Interest Income of 53.5 M, Depreciation And Amortization of 327.1 M or Interest Expense of 2.3 M, as well as many indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0 or PTB Ratio of 19.38. DraftKings financial statements analysis is a perfect complement when working with DraftKings Valuation or Volatility modules.
  
Build AI portfolio with DraftKings Stock
Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.

DraftKings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.8 B4.9 B1.7 B
Slightly volatile
Short and Long Term Debt Total1.6 B1.5 B510.1 M
Slightly volatile
Other Current Liabilities1.7 B1.6 B593.4 M
Slightly volatile
Total Current LiabilitiesB1.9 B681.1 M
Slightly volatile
Other Liabilities96.8 M173.2 M72.2 M
Slightly volatile
Property Plant And Equipment Net91.7 M144.3 M53.8 M
Slightly volatile
Accounts Payable64.8 M61.7 M25.8 M
Slightly volatile
CashB906.5 M580.9 M
Slightly volatile
Non Current Assets Total3.3 B3.2 B933.9 M
Slightly volatile
Non Currrent Assets Other148.6 M141.5 M45.6 M
Slightly volatile
Other Assets1.091.1515.9 M
Pretty Stable
Cash And Short Term InvestmentsB906.5 M580.9 M
Slightly volatile
Good Will1.9 B1.8 B483.8 M
Slightly volatile
Common Stock Shares Outstanding363.4 M554.2 M285.5 M
Slightly volatile
Liabilities And Stockholders Equity2.8 B4.9 B1.7 B
Slightly volatile
Non Current Liabilities Total934.1 M1.9 B572.6 M
Slightly volatile
Other Current Assets390.4 M718.9 M279.7 M
Slightly volatile
Other Stockholder Equity4.5 B8.5 BB
Slightly volatile
Total LiabilitiesB3.8 B1.3 B
Slightly volatile
Total Current Assets1.6 B1.8 B929.3 M
Slightly volatile
Short Term DebtM12.6 M6.1 M
Slightly volatile
Intangible Assets1.1 B1.1 B342.6 M
Slightly volatile
Common Stock119.7 K78.3 K238.5 K
Slightly volatile
Property Plant Equipment152.2 M145 M51.7 M
Slightly volatile
Current Deferred Revenue45.6 M41.8 M29.9 M
Slightly volatile
Net Receivables142.2 M138.4 M79.8 M
Slightly volatile
Common Stock Total Equity68.4 K72 K258 K
Slightly volatile
Inventory327.8 M540.1 M246.5 M
Slightly volatile
Property Plant And Equipment Gross136.6 M245.9 M80.3 M
Slightly volatile
Short and Long Term Debt5.8 M7.8 M5.2 M
Slightly volatile
Capital Stock135.9 K78.3 K263.2 K
Slightly volatile
Non Current Liabilities Other236.2 M225 M80.2 M
Slightly volatile
Long Term Debt1.1 B1.4 B559.1 M
Slightly volatile
Short Term Investments2.5 M2.7 M238.8 M
Slightly volatile
Capital Surpluse3.8 B6.6 B2.2 B
Slightly volatile
Capital Lease Obligations87.2 M90.5 M81.8 M
Pretty Stable
Deferred Long Term Liabilities83.2 M91 M75.5 M
Slightly volatile
Long Term Debt Total998.8 M1.1 B1.2 B
Slightly volatile

DraftKings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization327.1 M311.5 M91.2 M
Slightly volatile
Selling General Administrative504.3 M878.7 M320.3 M
Slightly volatile
Selling And Marketing Expenses772.2 M1.5 B525.8 M
Slightly volatile
Total Revenue5.8 B5.5 B1.5 B
Slightly volatile
Gross Profit2.2 B2.1 B628.1 M
Slightly volatile
Other Operating Expenses6.5 B6.2 BB
Slightly volatile
Research Development479.5 M456.7 M157.6 M
Slightly volatile
Cost Of Revenue3.6 B3.4 B895.9 M
Slightly volatile
Total Operating Expenses1.5 B2.8 B988.5 M
Slightly volatile
Reconciled Depreciation327.1 M311.5 M90.8 M
Slightly volatile
Interest Income29.1 M54.3 M13.7 M
Slightly volatile

DraftKings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation329.5 M438.6 M188 M
Slightly volatile
Begin Period Cash Flow1.2 B1.9 B690.9 M
Slightly volatile
Depreciation327.1 M311.5 M91.2 M
Slightly volatile
Capital Expenditures11.1 M11.7 M31 M
Slightly volatile
End Period Cash Flow1.3 B1.5 B750.4 M
Slightly volatile
Change To Netincome265.8 M530.7 M190.1 M
Slightly volatile
Dividends Paid69.1 M72.7 M154.8 M
Pretty Stable
Cash And Cash Equivalents Changes906.1 M471.9 M1.3 B
Slightly volatile
Cash Flows Other Operating197.8 M323.7 M147.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.114.328.2404
Slightly volatile
Days Sales Outstanding10.0710.630.2607
Slightly volatile
Stock Based Compensation To Revenue0.06840.0720.1128
Slightly volatile
Capex To Depreciation0.0410.04321.1279
Slightly volatile
EV To Sales8.474.468.1709
Slightly volatile
Payables Turnover30.8749.4923.8883
Slightly volatile
Sales General And Administrative To Revenue0.180.16030.3217
Very volatile
Research And Ddevelopement To Revenue0.170.09580.1305
Slightly volatile
Capex To Revenue0.00230.00250.0475
Pretty Stable
Cash Per Share2.01.471.4903
Slightly volatile
Days Payables Outstanding7.257.6384.1822
Slightly volatile
Intangibles To Total Assets0.550.520.2294
Slightly volatile
Current Ratio1.420.831.3896
Pretty Stable
Receivables Turnover37.4335.6415.3848
Slightly volatile
Capex Per Share0.01810.0190.097
Slightly volatile
Revenue Per Share9.358.93.3954
Slightly volatile
Interest Debt Per Share1.272.50.9862
Slightly volatile
Debt To Assets0.160.280.131
Slightly volatile
Operating Cycle10.0710.630.2607
Slightly volatile
Days Of Payables Outstanding7.257.6384.1822
Slightly volatile
Ebt Per Ebit1.161.121.0498
Pretty Stable
Long Term Debt To Capitalization1.190.641.0566
Very volatile
Quick Ratio1.420.831.3896
Pretty Stable
Net Income Per E B T1.080.980.9947
Pretty Stable
Cash Ratio0.410.430.7131
Slightly volatile
Days Of Sales Outstanding10.0710.630.2607
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.830.884.9513
Pretty Stable
Fixed Asset Turnover33.743.768.2498
Slightly volatile
Debt Ratio0.160.280.131
Slightly volatile
Price Sales Ratio4.114.328.2404
Slightly volatile
Asset Turnover0.581.00.8702
Slightly volatile
Gross Profit Margin0.580.440.6515
Slightly volatile

DraftKings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.8 B1.8 B
Very volatile
Enterprise Value1.4 B1.8 B1.8 B
Pretty Stable

DraftKings Fundamental Market Drivers

Forward Price Earnings17.9211
Cash And Short Term Investments788.3 M

DraftKings Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About DraftKings Financial Statements

DraftKings stakeholders use historical fundamental indicators, such as DraftKings' revenue or net income, to determine how well the company is positioned to perform in the future. Although DraftKings investors may analyze each financial statement separately, they are all interrelated. For example, changes in DraftKings' assets and liabilities are reflected in the revenues and expenses on DraftKings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DraftKings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue41.8 M45.6 M
Total Revenue5.5 B5.8 B
Cost Of Revenue3.4 B3.6 B
Stock Based Compensation To Revenue 0.07  0.07 
Sales General And Administrative To Revenue 0.16  0.18 
Research And Ddevelopement To Revenue 0.10  0.17 
Revenue Per Share 8.90  9.35 
Ebit Per Revenue(0.11)(0.12)

Currently Active Assets on Macroaxis

When determining whether DraftKings is a strong investment it is important to analyze DraftKings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DraftKings' future performance. For an informed investment choice regarding DraftKings Stock, refer to the following important reports:
Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Can Hotels, Restaurants & Leisure industry sustain growth momentum? Does DraftKings have expansion opportunities? Factors like these will boost the valuation of DraftKings. Projected growth potential of DraftKings fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating DraftKings demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
1.846
Earnings Share
(0.54)
Revenue Per Share
11.058
Quarterly Revenue Growth
0.044
Return On Assets
(0.05)
Understanding DraftKings requires distinguishing between market price and book value, where the latter reflects DraftKings's accounting equity. The concept of intrinsic value - what DraftKings' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push DraftKings' price substantially above or below its fundamental value.
It's important to distinguish between DraftKings' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DraftKings should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DraftKings' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.