DraftKings Net Income From Continuing Ops from 2010 to 2026

DKNG Stock  USD 22.59  0.83  3.81%   
DraftKings' Net Income From Continuing Ops is decreasing over the last several years with slightly volatile swings. Net Income From Continuing Ops is estimated to finish at about 3.9 M this year. During the period from 2010 to 2026 DraftKings Net Income From Continuing Ops regressed destribution of quarterly values had mean deviationof  408,182,017 and mean square error of 225114.4 T. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2019-06-30
Previous Quarter
-256.8 M
Current Value
136.4 M
Quarterly Volatility
189 M
 
Covid
 
Interest Hikes
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 Tax Provision of 4.5 M, Depreciation And Amortization of 139.8 M or Interest Expense of 20.9 M, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0 or PTB Ratio of 19.23. 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.
The Net Income From Continuing Ops trend for DraftKings offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether DraftKings is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest DraftKings' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of DraftKings over the last few years. It is DraftKings' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DraftKings' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

DraftKings Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(357,111,971)
Coefficient Of Variation(141.76)
Mean Deviation408,182,017
Median(75,556,000)
Standard Deviation506,258,210
Sample Variance256297.4T
Range1.5B
R-Value(0.42)
Mean Square Error225114.4T
R-Squared0.18
Significance0.09
Slope(42,126,174)
Total Sum of Squares4100758T

DraftKings Net Income From Continuing Ops History

20263.9 M
20253.7 M
2024-507.3 M
2023-1 B
2022-1.4 B
2021-1.5 B
2020-843.7 M

About DraftKings Financial Statements

DraftKings stakeholders use historical fundamental indicators, such as DraftKings' Net Income From Continuing Ops, 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
Net Income From Continuing Ops3.7 M3.9 M

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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 AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
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
(0.01)
Revenue Per Share
12.216
Quarterly Revenue Growth
0.428
Return On Assets
(0.0004)
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.