Cash flow DraftKings Inc.

Stocks

DKNG

US26142V1052

Casinos & Gaming

Market Closed - Nasdaq Other stock markets 21:00:00 17/07/2026 BST			5-day change	1st Jan Change
24.94 ^USD	+0.40%		-5.80%	-27.63%

07-16	DraftKings sues Philadelphia to end enforcement probe following subpoena, block consumer law	RE
07-16	DraftKings sues Philadelphia after receiving subpoena	RE

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Published financial data: DRAFTKINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.3B	2.24B	3.67B	4.77B	6.05B
Total Revenues	1.3B	2.24B	3.67B	4.77B	6.05B
Cost of Goods Sold, Total	794M	1.48B	2.29B	2.95B	1.45B
Gross Profit	502M	756M	1.37B	1.82B	4.61B
Selling General & Admin Expenses, Total	1.78B	1.93B	1.8B	2B	2.04B
R&D Expenses	254M	318M	355M	397M	460M
Other Operating Expenses	-	-	-	-	2.11B
Other Operating Expenses, Total	2.04B	2.25B	2.16B	2.4B	4.61B
Operating Income	-1.54B	-1.49B	-786M	-583M	-2.6M
Interest Expense, Total	-	-	-2.68M	-2.96M	-19.94M
Interest And Investment Income	1.96M	18.7M	58.42M	47.26M	-
Net Interest Expenses	1.96M	18.7M	55.74M	44.3M	-19.94M
Income (Loss) On Equity Invest.	2.72M	-2.9M	-719K	-468K	971K
Other Non Operating Income (Expenses)	42.02M	50.1M	-57.77M	-28.46M	4.72M
EBT, Excl. Unusual Items	-1.49B	-1.43B	-789M	-567M	-16.85M
Merger & Related Restructuring Charges	-25.32M	-17.32M	-3.06M	-26.39M	-13.21M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-	-	-	-	38.05M
EBT, Incl. Unusual Items	-1.51B	-1.45B	-792M	-594M	7.98M
Income Tax Expense	8.27M	-67.87M	10.17M	-86.34M	4.27M
Earnings From Continuing Operations	-1.52B	-1.38B	-802M	-507M	3.71M
Net Income to Company	-1.52B	-1.38B	-802M	-507M	3.71M
Net Income - (IS)	-1.52B	-1.38B	-802M	-507M	3.71M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-1.52B	-1.38B	-802M	-507M	3.71M
Net Income to Common Excl. Extra Items	-1.52B	-1.38B	-802M	-507M	3.71M
Per Share Items
Net EPS - Basic	-3.78	-3.16	-1.73	-1.05	0.01
Basic EPS - Continuing Operations	-3.78	-3.16	-1.73	-1.05	0.01
Basic Weighted Average Shares Outstanding	402M	437M	463M	482M	496M
Net EPS - Diluted	-3.78	-3.16	-1.73	-1.05	-0.01
Diluted EPS - Continuing Operations	-3.78	-3.16	-1.73	-1.05	-0.01
Diluted Weighted Average Shares Outstanding	402M	437M	463M	482M	496M
Normalized Basic EPS	-2.31	-2.05	-1.07	-0.74	-0.02
Normalized Diluted EPS	-2.31	-2.05	-1.07	-0.74	-0.02
American Depositary Receipts Ratio (ADR)	0.17	0.17	0.17	0.17	0.17
Supplemental Items
EBITDA	-1.42B	-1.33B	-584M	-312M	273M
EBITA	-1.43B	-1.34B	-605M	-333M	254M
EBIT	-1.54B	-1.49B	-786M	-583M	-2.6M
EBITDAR	-1.39B	-1.3B	-558M	-285M	297M
Effective Tax Rate - (Ratio)	-0.55	4.69	-1.28	14.54	53.53
Current Domestic Taxes	604K	456K	433K	617K	2.25M
Current Foreign Taxes	23.17M	5.08M	3.89M	5.78M	20.25M
Total Current Taxes	23.78M	5.54M	4.32M	6.39M	22.5M
Deferred Domestic Taxes	-7.6M	-70.04M	2.85M	-93.22M	-17.63M
Deferred Foreign Taxes	-7.91M	-3.37M	3M	485K	-597K
Total Deferred Taxes	-15.51M	-73.41M	5.85M	-92.73M	-18.22M
Normalized Net Income	-931M	-893M	-493M	-355M	-10.53M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	831M	965M	984M	1.05B	1.12B
Selling and Marketing Expenses	982M	1.19B	1.2B	1.26B	1.38B
General and Administrative Expenses	803M	746M	604M	738M	660M
Research And Development Expense From Footnotes	254M	318M	355M	397M	460M
Net Rental Expense, Total	23.31M	29.62M	26.33M	26.33M	23.83M
Imputed Operating Lease Interest Expense	-	-	423K	465K	2.36M
Imputed Operating Lease Depreciation	-	-	25.91M	25.86M	21.47M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	683M	579M	398M	381M	339M
Total Stock-Based Compensation	683M	579M	398M	381M	339M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.15B	1.31B	1.27B	788M	1.13B
Total Cash And Short Term Investments	2.15B	1.31B	1.27B	788M	1.13B
Accounts Receivable, Total	45.86M	51.1M	47.54M	57.84M	106M
Total Receivables	45.86M	51.1M	47.54M	57.84M	106M
Prepaid Expenses	25.68M	56.39M	51.94M	83.19M	105M
Restricted Cash	477M	470M	353M	542M	477M
Other Current Assets, Total	51.95M	199M	348M	62.54M	-
Total Current Assets	2.75B	2.08B	2.07B	1.53B	1.82B
Gross Property Plant And Equipment	150M	182M	230M	214M	206M
Accumulated Depreciation	-40.4M	-55.6M	-75.45M	-88.37M	-105M
Net Property Plant And Equipment	110M	126M	155M	125M	101M
Long-term Investments	9.82M	41.86M	23.81M	26.73M	28.06M
Goodwill	616M	886M	886M	1.56B	1.6B
Other Intangibles, Total	535M	777M	691M	933M	889M
Loans Receivable Long-Term	-	30.1M	30.1M	30.1M	-
Deferred Tax Assets Long-Term	7.43M	1.44M	7.8M	6.8M	7.7M
Other Long-Term Assets, Total	37.95M	92.54M	80.11M	72.63M	92.27M
Total Assets	4.07B	4.04B	3.94B	4.28B	4.53B
Liabilities
Accounts Payable, Total	52.54M	10.15M	34.13M	53.66M	67.86M
Accrued Expenses, Total	335M	490M	562M	561M	661M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	12.81M	4.25M	11.5M	10.99M	9.8M
Unearned Revenue Current, Total	-	17.37M	43.63M	46.39M	56.43M
Other Current Liabilities	529M	725M	899M	983M	960M
Total Current Liabilities	929M	1.25B	1.55B	1.65B	1.76B
Long-Term Debt	1.25B	1.25B	1.25B	1.26B	1.84B
Long-Term Leases	57.34M	69.33M	80.83M	67.66M	44.39M
Deferred Tax Liability Non Current	-	-	12.4M	13.8M	15.2M
Other Non Current Liabilities	155M	151M	208M	280M	249M
Total Liabilities	2.39B	2.72B	3.1B	3.27B	3.9B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	80K	84K	85K	87K	91K
Additional Paid In Capital	5.7B	6.75B	7.15B	7.98B	8.42B
Retained Earnings	-3.75B	-5.13B	-5.93B	-6.44B	-6.44B
Treasury Stock	-307M	-332M	-412M	-563M	-1.39B
Comprehensive Income and Other	36.49M	36.49M	36.49M	36.49M	36.49M
Total Common Equity	1.68B	1.32B	840M	1.01B	631M
Total Equity	1.68B	1.32B	840M	1.01B	631M
Total Liabilities And Equity	4.07B	4.04B	3.94B	4.28B	4.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	409M	452M	474M	490M	493M
ECS Total Common Shares Outstanding	408M	451M	473M	489M	495M
Book Value / Share	4.12	2.94	1.78	2.07	1.28
Tangible Book Value	528M	-341M	-737M	-1.48B	-1.86B
Tangible Book Value Per Share	1.29	-0.76	-1.56	-3.02	-3.75
Total Debt	1.32B	1.32B	1.35B	1.34B	1.89B
Net Debt	-834M	-2.73M	75.58M	547M	762M
Debt Equivalent Oper. Leases	186M	237M	211M	211M	191M
Equity Method Investments, Total	9.82M	10.08M	10.28M	13.2M	18.94M
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	56.26M	72.66M	78.84M	82.57M	94.36M
Full Time Employees	3.4K	4.2K	4.4K	5.1K	5.5K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-1.52B	-1.38B	-802M	-507M	3.71M
Depreciation & Amortization - CF	13.84M	18.65M	21.02M	20.95M	19.19M
Amortization of Goodwill and Intangible Assets - (CF)	107M	151M	181M	250M	256M
Depreciation & Amortization, Total	121M	169M	202M	271M	275M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	5.86M	-
(Gain) Loss on Sale of Investments - (CF)	-11.31M	-11M	75K	12.94M	4.41M
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-2.72M	2.9M	719K	468K	-971K
Stock-Based Compensation (CF)	683M	579M	398M	381M	339M
Other Operating Activities, Total	-43.46M	-109M	64.33M	-81.52M	-56.44M
Change In Accounts Receivable	-23.49M	-103M	-138M	238M	2.99M
Change In Accounts Payable	168M	95.27M	104M	-18.2M	132M
Change In Income Taxes	13.23M	-9.27M	2.95M	3.56M	15.24M
Change in Other Net Operating Assets	199M	139M	166M	112M	-53.07M
Cash from Operations	-420M	-626M	-1.75M	418M	663M
Capital Expenditure	-15.92M	-32.4M	-20.9M	-10.18M	-15.35M
Cash Acquisitions	-64.97M	-96.51M	-	-441M	-16.38M
Sale (Purchase) of Intangible assets	-82.35M	-71.24M	-92.48M	-111M	-139M
Investment in Marketable and Equity Securities, Total	-25M	-	24.42M	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	11.78M
Other Investing Activities, Total	-6.78M	-8.61M	-1.4M	-4.26M	-6.94M
Cash from Investing	-195M	-209M	-90.36M	-567M	-166M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.25B	-	-	-	588M
Total Debt Issued	1.25B	-	-	-	588M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-4.5M
Total Debt Repaid	-	-	-	-	-4.5M
Issuance of Common Stock	32.17M	8.79M	16.83M	9.16M	25.82M
Repurchase of Common Stock	-17.83M	-25.52M	-80.05M	-151M	-829M
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-124M	-	-	-2.67M	-2.6M
Cash from Financing	1.14B	-16.73M	-63.22M	-144M	-222M
Foreign Exchange Rate Adjustments	583K	-	-	-	-
Net Change in Cash	525M	-851M	-155M	-293M	274M
Supplemental Items
Cash Interest Paid	-	-	-	-	27.88M
Cash Income Tax Paid (Refund)	5.63M	10.37M	8.34M	5.27M	8.24M
Levered Free Cash Flow	-102M	-139M	265M	327M	606M
Unlevered Free Cash Flow	-102M	-139M	266M	328M	618M
Change In Net Working Capital	-152M	-150M	-271M	-161M	-160M
Net Debt Issued / Repaid	1.25B	-	-	-	584M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-25.58	-23.04	-12.31	-8.85	-0.04
Return on Total Capital	-33.63	-33.09	-20.33	-16.07	-0.07
Return On Equity %	-70.68	-91.83	-74.17	-54.81	0.45
Return on Common Equity	-70.68	-91.83	-74.17	-54.81	0.45
Margin Analysis
Gross Profit Margin %	38.72	33.75	37.46	38.11	76.11
SG&A Margin	137.69	86.25	49.22	42	33.7
EBITDA Margin %	-109.19	-59.15	-15.94	-6.54	4.51
EBITA Margin %	-110.26	-59.98	-16.51	-6.98	4.19
EBIT Margin %	-118.54	-66.7	-21.45	-12.22	-0.04
Income From Continuing Operations Margin %	-117.53	-61.5	-21.88	-10.64	0.06
Net Income Margin %	-117.53	-61.5	-21.88	-10.64	0.06
Net Avail. For Common Margin %	-117.53	-61.5	-21.88	-10.64	0.06
Normalized Net Income Margin	-71.84	-39.85	-13.45	-7.44	-0.17
Levered Free Cash Flow Margin	-7.9	-6.22	7.22	6.85	10.01
Unlevered Free Cash Flow Margin	-7.9	-6.22	7.27	6.89	10.21
Asset Turnover
Asset Turnover	0.35	0.55	0.92	1.16	1.37
Fixed Assets Turnover	11.85	18.99	26.11	34.04	53.5
Receivables Turnover (Average Receivables)	28.68	46.21	74.32	90.49	74.1
Short Term Liquidity
Current Ratio	2.96	1.67	1.34	0.93	1.03
Quick Ratio	2.37	1.09	0.85	0.51	0.7
Operating Cash Flow to Current Liabilities	-0.45	-0.5	-0	0.25	0.38
Days Sales Outstanding (Average Receivables)	12.73	7.9	4.91	4.04	4.93
Average Days Payable Outstanding	18.52	7.71	3.52	5.44	15.33
Long Term Solvency
Total Debt/Equity	78.56	100.15	160.19	132.1	299.28
Total Debt / Total Capital	44	50.04	61.57	56.92	74.95
LT Debt/Equity	77.79	99.83	158.82	131.02	297.73
Long-Term Debt / Total Capital	43.57	49.88	61.04	56.45	74.57
Total Liabilities / Total Assets	58.75	67.26	78.7	76.41	86.06
EBIT / Interest Expense	-	-	-293.45	-196.9	-0.13
EBITDA / Interest Expense	-	-	-208.25	-96.46	14.88
(EBITDA - Capex) / Interest Expense	-	-	-216.06	-99.9	14.11
Total Debt / EBITDA	-0.95	-1.02	-2.41	-4.68	6.37
Net Debt / EBITDA	0.6	0	-0.14	-1.92	2.57
Total Debt / (EBITDA - Capex)	-0.94	-1	-2.33	-4.52	6.72
Net Debt / (EBITDA - Capex)	0.59	0	-0.13	-1.85	2.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	110.9	72.87	63.6	30.07	26.99
Gross Profit, 1 Yr. Growth %	87.3	50.68	81.6	32.33	32.6
EBITDA, 1 Yr. Growth %	94.01	-6.36	-55.91	-46.64	-234.62
EBITA, 1 Yr. Growth %	93.43	-5.96	-54.96	-45.03	-213.43
EBIT, 1 Yr. Growth %	90.41	-2.72	-47.39	-25.89	-99.45
Earnings From Cont. Operations, 1 Yr. Growth %	23.65	-9.53	-41.79	-36.76	-100.73
Net Income, 1 Yr. Growth %	23.65	-9.53	-41.79	-36.76	-100.73
Normalized Net Income, 1 Yr. Growth %	24.54	-4.1	-44.77	-28.1	-96.27
Diluted EPS Before Extra, 1 Yr. Growth %	-6.12	-16.58	-45.07	-39.3	-99.23
Accounts Receivable, 1 Yr. Growth %	3.01	11.41	-6.96	21.67	82.54
Net Property, Plant and Equip., 1 Yr. Growth %	0.87	14.76	22.7	-18.89	-19.59
Total Assets, 1 Yr. Growth %	18.31	-0.71	-2.36	8.59	5.77
Tangible Book Value, 1 Yr. Growth %	-64.95	-164.53	116.28	100.58	25.57
Common Equity, 1 Yr. Growth %	-36.21	-21.2	-36.47	20.27	-37.52
Cash From Operations, 1 Yr. Growth %	116.07	49.11	-99.72	-23.96K	58.67
Capital Expenditures, 1 Yr. Growth %	35.51	103.47	-35.49	-51.32	50.86
Levered Free Cash Flow, 1 Yr. Growth %	114.38	36.01	-287.84	23.41	52.76
Unlevered Free Cash Flow, 1 Yr. Growth %	117.42	36.01	-291.28	23.33	55.9
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	100.18	90.94	68.17	45.88	28.52
Gross Profit, 2 Yr. CAGR %	51.2	67.99	65.42	55.02	32.91
EBITDA, 2 Yr. CAGR %	239.97	34.79	-35.75	-51.5	-31.66
EBITA, 2 Yr. CAGR %	236	34.87	-34.92	-50.24	-35.26
EBIT, 2 Yr. CAGR %	236.01	36.1	-28.46	-37.56	-94.24
Earnings From Cont. Operations, 2 Yr. CAGR %	226.67	5.77	-27.43	-39.33	-93.2
Net Income, 2 Yr. CAGR %	226.67	5.77	-27.43	-39.33	-93.2
Normalized Net Income, 2 Yr. CAGR %	235.67	9.29	-27.23	-36.99	-85.38
Diluted EPS Before Extra, 2 Yr. CAGR %	121.24	-11.5	-32.31	-42.26	-93.15
Accounts Receivable, 2 Yr. CAGR %	113.99	7.13	1.81	6.39	49.03
Net Property, Plant and Equip., 2 Yr. CAGR %	105.77	7.59	18.66	-0.24	-19.24
Total Assets, 2 Yr. CAGR %	250.76	8.38	-1.54	2.97	7.17
Tangible Book Value, 2 Yr. CAGR %	144.56	-52.44	18.14	108.28	58.7
Common Equity, 2 Yr. CAGR %	481.85	-29.1	-29.25	-12.59	-13.31
Cash From Operations, 2 Yr. CAGR %	200.11	79.49	-93.54	-18.28	1.85K
Capital Expenditures, 2 Yr. CAGR %	-2.36	66.05	14.57	-43.96	-14.3
Levered Free Cash Flow, 2 Yr. CAGR %	12.93	70.76	59.76	52.25	50.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	12.93	71.96	61.29	53.59	52.37
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	78.92	90.63	81.35	54.37	39.29
Gross Profit, 3 Yr. CAGR %	41.38	51.03	72.41	53.56	82.66
EBITDA, 3 Yr. CAGR %	173.36	121.2	-7.13	-39.6	-40.95
EBITA, 3 Yr. CAGR %	172.68	119.79	-6.43	-38.48	-42.63
EBIT, 3 Yr. CAGR %	171.48	122.28	-0.86	-27.62	-87.97
Earnings From Cont. Operations, 3 Yr. CAGR %	171.37	112.93	-13.32	-30.68	-86.09
Net Income, 3 Yr. CAGR %	171.37	112.93	-13.32	-30.68	-86.09
Normalized Net Income, 3 Yr. CAGR %	169.48	121.08	-12.95	-27.52	-77.24
Diluted EPS Before Extra, 3 Yr. CAGR %	103.52	59.83	-24.51	-34.72	-86.29
Accounts Receivable, 3 Yr. CAGR %	-	72.15	2.21	8.04	27.37
Net Property, Plant and Equip., 3 Yr. CAGR %	98.23	69.37	12.41	4.53	-7.15
Total Assets, 3 Yr. CAGR %	138.64	130.31	4.68	1.73	3.89
Tangible Book Value, 3 Yr. CAGR %	36.66	56.86	-21.2	40.93	75.95
Common Equity, 3 Yr. CAGR %	108.48	198.8	-31.65	-15.56	-21.84
Cash From Operations, 3 Yr. CAGR %	109.57	137.69	-79.19	-0.14	1.95
Capital Expenditures, 3 Yr. CAGR %	5.19	24.72	21.16	-13.87	-22.04
Levered Free Cash Flow, 3 Yr. CAGR %	22.52	20.15	76.97	46.59	62.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.52	20.15	78.18	47.49	64.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	63.48	74.54	71.28	58.02
Gross Profit, 5 Yr. CAGR %	-	36.41	50.54	52.61	76.64
EBITDA, 5 Yr. CAGR %	-	81.71	53.18	20.55	-17.85
EBITA, 5 Yr. CAGR %	-	81.18	53.74	21.32	-19.25
EBIT, 5 Yr. CAGR %	-	82.81	59.24	33.76	-68.25
Earnings From Cont. Operations, 5 Yr. CAGR %	-	78.73	60.12	28.87	-68.69
Net Income, 5 Yr. CAGR %	-	78.73	60.12	28.87	-68.69
Normalized Net Income, 5 Yr. CAGR %	-	80.12	59.63	33.81	-57.36
Diluted EPS Before Extra, 5 Yr. CAGR %	-	42.3	31.03	6.36	-71.1
Accounts Receivable, 5 Yr. CAGR %	-	-	-	42.01	18.85
Net Property, Plant and Equip., 5 Yr. CAGR %	-	139.4	61.45	37.06	-1.52
Total Assets, 5 Yr. CAGR %	-	85.68	67.48	66.91	5.67
Tangible Book Value, 5 Yr. CAGR %	-	20.7	28.92	75.7	4.26
Common Equity, 5 Yr. CAGR %	-	62.05	35.32	82.75	-24.83
Cash From Operations, 5 Yr. CAGR %	-	47.88	-47.89	55.08	27.84
Capital Expenditures, 5 Yr. CAGR %	-	122.14	8.84	-9.44	5.49
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	36.59	32.4	66.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	36.76	32.55	67.37