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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,443 | 1,646 | 1,989 | 1,144 | 1,513 | 1,409 | 1,393 | 1,095 | 1,104 | 1,175 | 1,231 | 790 |
| Cost of revenue | 372 | 380 | 405 | 329 | 353 | 360 | 356 | 345 | 283 | 710 | 717 | 543 |
| Gross profit | 1,071 | 1,266 | 1,584 | 815 | 1,160 | 1,048 | 1,037 | 750 | 822 | 465 | 514 | 247 |
| Selling, general and administrative | 492 | 568 | 616 | 517 | 399 | 508 | 506 | 528 | 370 | 501 | 478 | 440 |
| Research and development | 128 | 123 | 134 | 115 | 108 | 103 | 112 | 104 | 92.7 | 88.8 | 88.2 | 89.0 |
| Operating income | -68.2 | 5.8 | 165 | -272 | 151 | -46.3 | -59.6 | -278 | -22.0 | -125 | -52.4 | -282 |
| EBIT | -68.2 | 5.8 | 165 | -272 | 151 | -46.3 | -59.6 | -278 | -22.0 | -125 | -52.4 | -282 |
| EBITDA | 12.2 | 77.5 | 239 | -206 | 216 | 23.8 | 6.5 | -188 | 39.6 | -71.4 | 2.8 | -232 |
| Interest expense | 7.4 | 5.7 | 5.4 | 19.6 | 11.6 | 5.1 | — | — | 0.7 | 0.6 | 0.7 | 0.7 |
| Pre-tax income | -69.4 | 27.4 | 147 | -269 | 170 | -39.5 | -146 | -295 | -9.7 | -143 | -37.8 | -282 |
| Income tax | -1.8 | 6.4 | 10.1 | -12.1 | 11.8 | -5.6 | -11.1 | -1.3 | -73.6 | -0.4 | 6.9 | 1.3 |
| Net income | -67.6 | 21.1 | 136 | -257 | 158 | -33.9 | -135 | -294 | 63.8 | -143 | -44.6 | -283 |
| Net income to common shareholders | -67.6 | 21.1 | 136 | -257 | 158 | -33.9 | -135 | -294 | 63.8 | -143 | -44.6 | -283 |
| Basic EPS | -0.14 | 0.04 | 0.28 | -0.52 | 0.32 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 |
| Diluted EPS | -0.14 | 0.03 | 0.24 | -0.52 | 0.30 | -0.07 | -0.28 | -0.60 | 0.10 | -0.30 | -0.10 | -0.61 |
| Average shares (basic) | 496 | 494 | 487 | 497 | 497 | 493 | 488 | 486 | 479 | 474 | 468 | 465 |
| Average shares (diluted) | 496 | 511 | 546 | 497 | 529 | 493 | 488 | 486 | 519 | 474 | 468 | 465 |
