DraftKings revenue and financials
$19.02Change from previous close: −3.72%Absolute change: −$0.73
In the fiscal year ended December 2025, DraftKings reported revenue of $6.05B (+26.99% year over year). Net income was $3.71M, a net margin of 0.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +26.99%
- 2025 vs 2024
- Net margin
- 0.1%
- 2024: -10.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 6,055 | 4,768 | 3,665 | 2,240 | 1,296 |
| Cost of revenue | 1,446 | 1,292 | 1,057 | 1,484 | 794 |
| Gross profit | 4,608 | 3,475 | 2,608 | 756 | 502 |
| Selling, general and administrative | 2,040 | 1,894 | 1,804 | 1,932 | 1,785 |
| Research and development | 460 | 397 | 355 | 318 | 254 |
| Operating income | -2.6 | -474 | -786 | -1,494 | -1,536 |
| EBIT | -2.6 | -474 | -786 | -1,494 | -1,536 |
| EBITDA | 273 | -203 | -584 | -1,325 | -1,415 |
| Interest expense | 19.9 | 3.0 | 2.7 | 2.7 | 2.1 |
| Pre-tax income | 8.0 | -594 | -792 | -1,446 | -1,515 |
| Income tax | 4.3 | -86.3 | 10.2 | -67.9 | 8.3 |
| Net income | 3.7 | -507 | -802 | -1,378 | -1,523 |
| Net income to common shareholders | 3.7 | -507 | -802 | -1,378 | -1,523 |
| Basic EPS | 0.01 | -1.05 | -1.73 | -3.16 | -3.78 |
| Diluted EPS | -0.01 | -1.05 | -1.73 | -3.16 | -3.78 |
| Average shares (basic) | 496 | 482 | 463 | 437 | 402 |
| Average shares (diluted) | 496 | 482 | 463 | 437 | 402 |