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MARKETS / NASDAQ / DKNG
NASDAQ · SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION · LARGE CAP

DraftKings Inc. DKNG

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.1B
▲ 27.0% YoY
$3.7M
$647.5M
▲ 58.9% YoY
In brief

What this company does

DraftKings Inc. provides users with online and retail sports betting, online casino, daily fantasy sports, digital lottery courier, prediction markets and other product offerings. During the fiscal year ended December 31, 2025, it had revenue of $6,054.5 million and average monthly unique payers of 4.0 million. DraftKings Inc. is a multinational technology company with over 5,500 employees located in thirteen countries. As of February 10, 2026, DraftKings operated its online sports betting product offering in 27 of the 33 U.S. jurisdictions where online sports betting is legalized. Its Sportsbook and iGaming product offerings together accounted for 93% of its revenues in the fiscal year ended December 31, 2025. Sports betting involves a user placing a bet by wagering money on an event at fixed odds, or a proposition, determined by DraftKings, and if the user wins, DraftKings pays out the bet. Its iGaming, or online casino, product offerings typically include games available in land-based casinos, such as blackjack, roulette, baccarat and slot machines, and it functions similarly to land-based casinos, generating revenue through hold, or gross winnings, as users play against the house.

Written from the business description in DraftKings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth
USD 6.1B
Revenue, FY2025 · full 6-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.1 · Net income 0.0
2.5B5.0B-0.8B202020212022202320242025
Compound annual growth
+39.3%
+58.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +58.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
0 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -0.3% · Net 0.1%
-100%-200%202020212022202320242025
ROE
FY2025 · ROE 0.5%
-50%202020212022202320242025

Each USD of equity produced 0 cents of profit this year.

Cash & shareholders
USD 561.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 647.5
250.0M500.0M-250.0M-500.0M202020212022202320242025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 0.6
0.2B0.4B-0.5B-1.0B202020212022202320242025

USD 561.0M in buybacks — 15120% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.5B
EquityUSD 631.5M
CashUSD 1.1B
Current ratio1.03×

Equity funds 14% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020
Revenue $B6.14.83.72.21.30.6
Operating income $B−0.0−0.6−0.8−1.5−1.6−0.8
EBITDA $B0.3−0.3−0.6−1.3−1.4−0.8
Income tax $B0.0−0.10.0−0.10.0−0.0
Net income $B0.0−0.5−0.8−1.4−1.5−1.2
Free cash flow $B0.60.4−0.0−0.7−0.4−0.2
EPS, diluted $0.01−1.05−1.73−3.16−3.78−4.03
Dividend / sh $······
Payout %······
ROE %0.5−54.8−74.2−91.8−70.7−95.4

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 66 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Miscellaneous Amusement & Recreation
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2019

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