DraftKings Financial Statements
NASDAQ: DKNGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
DraftKings revenue and earnings
In fiscal 2025, DraftKings generated $6.05 billion in revenue, up 27.0% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $3.7 million, for a net margin of 0.1% versus a median of -61.5% in the prior 5 years. Gross margin was 41.3% (up from 38.1%) and operating margin -0.3%.
Diluted earnings per share came in at -$0.01. Over the last 5 fiscal years, DKNG's revenue has grown at a 58.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
DraftKings income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 6.05B | 4.77B | 3.67B | 2.24B | 1.30B | 614.53M |
| Revenue growth (YoY) | +26.99% | +30.07% | +63.60% | +72.87% | +110.90% | — |
| Cost of Revenue | 3.56B | 2.95B | 2.29B | 1.48B | 794.16M | 346.59M |
| Gross Profit | 2.50B | 1.82B | 1.37B | 756.19M | 501.86M | 267.94M |
| Operating Expenses | 2.51B | 2.43B | 2.16B | 2.27B | 2.06B | 1.11B |
| Selling, General & Admin | 2.05B | 2.03B | 1.81B | 1.95B | 1.81B | 942.57M |
| Operating Income | -15.82M | -609.00M | -789.23M | -1.51B | -1.56B | -843.26M |
| Interest Expense | — | 2.96M | 2.68M | 2.65M | 2.11M | — |
| Other Income (Expense) | 38.02M | -23.51M | -224.00K | 20.70M | 11.95M | 0 |
| Pretax Income | 7.01M | -593.16M | -791.25M | -1.44B | -1.52B | -1.23B |
| Income Tax | 4.27M | -86.34M | 10.17M | -67.87M | 8.27M | -622.00K |
| Net Income | 3.71M | -507.29M | -802.14M | -1.38B | -1.52B | -1.23B |
| Net Income growth (YoY) | — | — | — | — | — | — |
| EPS (Basic) | 0.01 | -1.05 | -1.73 | -3.16 | -3.78 | -4.03 |
| EPS (Diluted) | -0.01 | -1.05 | -1.73 | -3.16 | -3.78 | -4.03 |
| Shares Outstanding (Basic) | 495.64M | 481.95M | 462.60M | 436.51M | 402.49M | 305.59M |
| Shares Outstanding (Diluted) | 495.90M | 481.95M | 462.60M | 436.51M | 402.49M | 305.59M |
| EBITDA | 259.67M | -338.14M | -587.30M | -1.34B | -1.44B | -765.85M |
| Gross Margin | 41.25% | 38.11% | 37.46% | 33.75% | 38.72% | 43.60% |
| Operating Margin | -26.00% | -12.77% | -21.53% | -67.48% | -120.49% | -137.22% |
| Net Margin | 6.00% | -10.64% | -21.88% | -61.50% | -117.53% | -200.45% |
This table shows 6 annual periods of DraftKings's income statement, from FY 2025 back to FY 2020, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DKNG's reporting calendar. What is a income statement?