DraftKings Financial Statements From 2010 to 2025

DKNG Stock  USD 36.91  1.82  4.70%   
DraftKings financial statements provide useful quarterly and yearly information to potential DraftKings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DraftKings financial statements helps investors assess DraftKings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DraftKings' valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
(0.11)
Market Capitalization
19 B
Enterprise Value Revenue
4.0958
Revenue
4.8 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 2025 to make sure the company can sustain itself down the road. The DraftKings' current Market Cap is estimated to increase to about 16.9 B. The DraftKings' current Enterprise Value is estimated to increase to about 17.5 B

DraftKings Total Revenue

5.01 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 46.5 M, Depreciation And Amortization of 284.4 M or Interest Expense of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.57, Dividend Yield of 0.0 or PTB Ratio of 16.85. DraftKings financial statements analysis is a perfect complement when working with DraftKings Valuation or Volatility modules.
  
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
Other Current Liabilities790.1 M1.5 B457 M
Slightly volatile
Total Current Liabilities900.3 M1.7 B536.1 M
Slightly volatile
Other Liabilities96.8 M173.2 M67.3 M
Slightly volatile
Accounts Payable30.2 M53.7 M21.4 M
Slightly volatile
Other Assets1.091.1516.9 M
Slightly volatile
Common Stock Shares Outstanding363.4 M482 M268.7 M
Slightly volatile
Other Current Assets362.3 M687.6 M233.9 M
Slightly volatile
Total Current Assets1.6 B1.5 B877.2 M
Slightly volatile
Common Stock156.9 K87 K274.1 K
Slightly volatile
Property Plant Equipment152.2 M145 M47.1 M
Slightly volatile
Total Assets3.2 B4.3 B1.6 B
Slightly volatile
Short and Long Term Debt Total861.9 M1.3 B398.6 M
Slightly volatile
Property Plant And Equipment Net104.5 M125.5 M55.1 M
Slightly volatile
Current Deferred Revenue47.7 M50.2 M48.9 M
Slightly volatile
Cash1.2 B788.3 M603.7 M
Slightly volatile
Non Current Assets Total1.5 B2.7 B687.3 M
Slightly volatile
Non Currrent Assets Other73.5 M123.1 M34.6 M
Slightly volatile
Cash And Short Term Investments1.2 B788.3 M603.7 M
Slightly volatile
Net Receivables54.9 M57.8 M66.1 M
Slightly volatile
Good Will1.6 B1.6 B387.1 M
Slightly volatile
Common Stock Total Equity68.4 K72 K269.1 K
Slightly volatile
Liabilities And Stockholders Equity3.2 B4.3 B1.6 B
Slightly volatile
Non Current Liabilities Total1.1 B1.6 B648.1 M
Slightly volatile
Inventory327.8 M540.1 M232.6 M
Slightly volatile
Other Stockholder EquityB7.4 B2.7 B
Slightly volatile
Total Liabilities2.1 B3.3 B1.2 B
Slightly volatile
Property Plant And Equipment Gross136.6 M213.8 M69.9 M
Slightly volatile
Short and Long Term Debt5.8 M7.8 M5.1 M
Slightly volatile
Capital Stock135.9 K87 K274.8 K
Slightly volatile
Non Current Liabilities Other107.4 M195.6 M63.1 M
Slightly volatile
Short Term Debt14.6 M11 M8.6 M
Slightly volatile
Intangible Assets556.7 M933.1 M264.6 M
Slightly volatile
Long Term Debt1.1 B1.3 B503.7 M
Slightly volatile
Short Term Investments2.5 M2.7 M253.5 M
Slightly volatile
Capital Surpluse3.8 B6.6 BB
Slightly volatile
Capital Lease Obligations87.2 M78.7 M81.2 M
Very volatile
Deferred Long Term Liabilities83.2 M91 M75.3 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 Amortization284.4 M270.9 M74.8 M
Slightly volatile
Selling General Administrative504.3 M764.1 M285.4 M
Slightly volatile
Selling And Marketing Expenses772.2 M1.3 B467.8 M
Slightly volatile
Total RevenueB4.8 B1.2 B
Slightly volatile
Gross Profit1.9 B1.8 B518.9 M
Slightly volatile
Other Operating Expenses5.6 B5.4 B1.7 B
Slightly volatile
Research Development220.3 M397.1 M122.7 M
Slightly volatile
Cost Of Revenue3.1 BB710.8 M
Slightly volatile
Total Operating Expenses1.5 B2.4 B875.9 M
Slightly volatile
Reconciled Depreciation284.4 M270.9 M74.4 M
Slightly volatile
Interest Income29.1 M47.3 M11.1 M
Slightly volatile

DraftKings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation329.5 M381.4 M172.3 M
Slightly volatile
Begin Period Cash Flow1.2 B1.6 B609.5 M
Slightly volatile
Depreciation284.4 M270.9 M74.8 M
Slightly volatile
Capital Expenditures9.7 M10.2 M32.1 M
Slightly volatile
End Period Cash Flow1.3 B1.3 B691.5 M
Slightly volatile
Change To Netincome265.8 M530.7 M173.1 M
Slightly volatile
Dividends Paid69.1 M72.7 M160.5 M
Pretty Stable
Cash And Cash Equivalents Changes906.1 M471.9 M1.4 B
Slightly volatile
Cash Flows Other Operating197.8 M323.7 M139.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.573.76058.4516
Slightly volatile
Days Sales Outstanding4.214.42816.4265
Slightly volatile
Average Payables12.3 M17.5 M13.8 M
Slightly volatile
Stock Based Compensation To Revenue0.0760.080.1158
Slightly volatile
Capex To Depreciation0.03570.03761.1954
Slightly volatile
EV To Sales3.683.87518.1035
Slightly volatile
Inventory Turnover2.992.841.2291
Slightly volatile
Days Of Inventory On Hand126133566
Slightly volatile
Payables Turnover31.2154.984222.5159
Slightly volatile
Sales General And Administrative To Revenue0.150.16030.3287
Very volatile
Research And Ddevelopement To Revenue0.170.08330.1327
Slightly volatile
Capex To Revenue0.0020.00210.0503
Very volatile
Cash Per Share2.01.63561.4916
Slightly volatile
Days Payables Outstanding6.316.638387.6465
Slightly volatile
Intangibles To Total Assets0.610.58090.215
Slightly volatile
Current Ratio1.420.92671.4245
Slightly volatile
Receivables Turnover86.5582.430533.4028
Pretty Stable
Capex Per Share0.02010.02110.102
Slightly volatile
Revenue Per Share10.399.89243.1163
Slightly volatile
Interest Debt Per Share2.922.77630.9928
Slightly volatile
Debt To Assets0.160.31170.1217
Slightly volatile
Operating Cycle4.214.428553
Slightly volatile
Days Of Payables Outstanding6.316.638387.6465
Slightly volatile
Ebt Per Ebit1.090.9741.0119
Slightly volatile
Quick Ratio1.170.92671.25
Pretty Stable
Net Income Per E B T1.080.85520.9957
Pretty Stable
Cash Ratio0.910.47630.7621
Slightly volatile
Days Of Inventory Outstanding126133566
Slightly volatile
Days Of Sales Outstanding4.214.42816.4265
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.930.97565.1888
Slightly volatile
Fixed Asset Turnover33.737.999669.7841
Slightly volatile
Debt Ratio0.160.31170.1217
Slightly volatile
Price Sales Ratio3.573.76058.4516
Slightly volatile
Asset Turnover0.581.1130.862
Slightly volatile
Gross Profit Margin0.580.38110.6648
Slightly volatile

DraftKings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap16.9 B16.1 B7.7 B
Slightly volatile
Enterprise Value17.5 B16.6 B7.9 B
Slightly volatile

DraftKings Fundamental Market Drivers

Forward Price Earnings24.57
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 Revenue50.2 M47.7 M
Total Revenue4.8 BB
Cost Of RevenueB3.1 B
Stock Based Compensation To Revenue 0.08  0.08 
Sales General And Administrative To Revenue 0.16  0.15 
Research And Ddevelopement To Revenue 0.08  0.17 
Revenue Per Share 9.89  10.39 
Ebit Per Revenue(0.13)(0.13)

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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DraftKings. If investors know DraftKings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DraftKings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.05)
Revenue Per Share
9.892
Quarterly Revenue Growth
0.132
Return On Assets
(0.09)
Return On Equity
(0.55)
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.