DraftKings Inc. (DKNG) income statement
NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos · 5,500 employees · CEO Jason D. Robins
- Price
- $20.91 +0.92%
- Market cap
- $10.4B
- Enterprise value
- $11.3B
- Last report
- Q2 '26 filed 2026-08-07
- Next report
- 2026-11-05 EPS est. -$0.39
DraftKings Inc. (DKNG) reported revenue of $1.44B for Q2 '26 (-4.6% year on year), operating income of -$68.2M (-4.7% of revenue) and net income of -$67.6M. Over the last four quarters revenue was $6.22B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $790M | $1.23B | $1.17B | $1.1B | $1.1B | $1.39B | $1.41B | $1.51B | $1.14B | $1.99B | $1.65B | $1.44B | |
| Cost of revenue | $543M | $717M | $710M | $663M | $742M | $835M | $844M | $855M | $784M | $1.07B | $949M | $892M | |
| Gross profit | $247M | $514M | $465M | $441M | $353M | $558M | $565M | $658M | $360M | $915M | $697M | $551M | |
| Research & development | $89M | $88.2M | $88.8M | $92.7M | $104M | $112M | $103M | $108M | $115M | $134M | $123M | $0 | |
| Sales & marketing | $313M | $291M | $341M | $216M | $340M | $369M | $344M | $233M | $360M | $443M | $402M | $323M | |
| General & administrative | $131M | $179M | $174M | $165M | $208M | $217M | $164M | $166M | $157M | $187M | $166M | $169M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $128M | |
| Operating expenses | $533M | $558M | $604M | $473M | $652M | $697M | $611M | $507M | $632M | $763M | $691M | $620M | |
| Operating income | -$287M | -$43.8M | -$139M | -$32.4M | -$299M | -$139M | -$46.3M | $151M | -$272M | $152M | $5.85M | -$68.2M | |
| Interest income | $14.4M | $18.8M | $15.1M | $14.2M | $9.2M | $8.78M | $9.49M | $12.3M | $0 | $0 | $0 | $0 | |
| Interest expense | $670K | $688K | $649K | $678K | $872K | $760K | $5.09M | $11.6M | $19.6M | $0 | -$5.74M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$5.45M | -$7.01M | $3.76M | -$23.6M | -$4.6M | $5.6M | -$12M | -$30.9M | -$46.7M | $5.19M | -$15.9M | $3.68M | |
| Total non-operating income | $4.77M | $6.05M | -$4.08M | $22.6M | $3.62M | -$6.81M | $6.87M | $19.1M | $3.04M | -$5.19M | $21.6M | -$3.68M | |
| Income before tax | -$282M | -$37.8M | -$143M | -$9.75M | -$295M | -$146M | -$39.5M | $170M | -$269M | $147M | $27.4M | -$71.9M | |
| Income tax | $1.29M | $6.86M | -$351K | -$73.6M | -$1.29M | -$11.1M | -$5.6M | $11.8M | -$12.1M | $10.1M | $6.37M | -$4.25M | |
| Net income | -$283M | -$44.6M | -$143M | $63.8M | -$294M | -$135M | -$33.9M | $158M | -$257M | $136M | $21.1M | -$67.6M | |
| EPS (basic) | -$0.61 | -$0.10 | -$0.30 | $0.13 | -$0.60 | -$0.28 | -$0.07 | $0.32 | -$0.52 | $0.28 | $0.04 | -$0.14 | |
| EPS (diluted) | -$0.61 | -$0.10 | -$0.30 | $0.13 | -$0.60 | -$0.28 | -$0.07 | $0.30 | -$0.48 | $0.26 | $0.04 | -$0.14 | |
| Shares (basic, weighted) | 465M | 468M | 474M | 479M | 486M | 488M | 493M | 497M | 497M | 487M | 487M | 496M | |
| Shares (diluted, weighted) | 465M | 468M | 474M | 479M | 486M | 488M | 493M | 530M | 530M | 532M | 532M | 496M | |
| Depreciation & amortization | $50.2M | $55.2M | $53.2M | $61.6M | $90M | $66.1M | $70.1M | $65.3M | $66.1M | $74M | $71.7M | $80.3M | |
| EBITDA | -$231M | $18.4M | -$89.4M | $52.8M | -$204M | -$78.7M | $35.8M | $247M | -$159M | $221M | $93.4M | $8.48M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $192M | $226M | $323M | $615M | $1.3B | $2.24B | $3.67B | $4.77B | $6.05B | |
| Cost of revenue | $31.8M | $48.7M | $104M | $347M | $794M | $1.48B | $2.29B | $2.95B | $3.56B | |
| Gross profit | $160M | $178M | $220M | $268M | $502M | $756M | $1.37B | $1.82B | $2.5B | |
| Research & development | $20.2M | $32.9M | $55.9M | $169M | $254M | $318M | $355M | $397M | $460M | |
| Sales & marketing | $157M | $146M | $185M | $495M | $982M | $1.19B | $1.2B | $1.26B | $1.38B | |
| General & administrative | $56.4M | $75.9M | $125M | $447M | $828M | $764M | $607M | $764M | $674M | |
| Other operating expenses | -$607K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $233M | $254M | $366M | $1.11B | $2.06B | $2.27B | $2.16B | $2.43B | $2.51B | |
| Operating income | -$73.2M | -$76.8M | -$147M | -$843M | -$1.56B | -$1.51B | -$789M | -$609M | -$15.8M | |
| Interest income | $0 | $666K | $1.35M | $0 | $4.07M | $21.4M | $58.4M | $47.3M | $0 | |
| Interest expense | $1.54M | $0 | $0 | $1.07M | $2.11M | $2.65M | $2.68M | $2.96M | $19.9M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | -$46.1M | -$71.4M | -$651K | -$18.8M | -$43.7M | |
| Total non-operating income | -$2.15M | $666K | $3.87M | -$389M | $46.7M | $65.9M | -$2.75M | $15.4M | $23.8M | |
| Income before tax | -$75.3M | -$76.1M | -$143M | -$1.23B | -$1.51B | -$1.45B | -$792M | -$594M | $7.98M | |
| Income tax | $210K | $105K | $58K | -$622K | $8.27M | -$67.9M | $10.2M | -$86.3M | $4.27M | |
| Net income | -$75.6M | -$76.2M | -$143M | -$1.23B | -$1.52B | -$1.38B | -$802M | -$507M | $3.71M | |
| EPS (basic) | -$0.41 | -$0.41 | -$0.77 | -$4.03 | -$3.79 | -$3.15 | -$1.73 | -$1.05 | -$0.01 | |
| EPS (diluted) | -$0.41 | -$0.41 | -$0.77 | -$4.03 | -$3.79 | -$3.15 | -$1.73 | -$1.05 | -$0.01 | |
| Shares (basic, weighted) | 185M | 185M | 185M | 306M | 402M | 437M | 463M | 482M | 371M | |
| Shares (diluted, weighted) | 185M | 185M | 185M | 306M | 402M | 437M | 463M | 482M | 496M | |
| Depreciation & amortization | $6.3M | $7.5M | $13.6M | $77.4M | $121M | $169M | $202M | $271M | $275M | |
| EBITDA | -$66.9M | -$69.3M | -$133M | -$766M | -$1.39B | -$1.27B | -$587M | -$319M | $303M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02