| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,228,275 | 1,261,969 | 1,119,740 | 877,822 |
| Restricted cash | 4,593 | 4,616 | 16,752 | 13,807 |
| Cash reserved for users | 475,319 | 297,369 | 408,489 | 264,886 |
| Receivables reserved for users | 55,917 | 67,623 | 80,950 | 341,817 |
| Accounts receivable | 65,555 | 68,950 | 66,577 | 64,358 |
| Prepaid expenses and other current assets | 115,370 | 86,172 | 108,293 | 81,207 |
| Total current assets | 1,945,029 | 1,786,699 | 1,800,801 | 1,643,897 |
| Property and equipment, net | 52,091 | 53,214 | 53,416 | 52,924 |
| Intangible assets, net | 861,041 | 879,996 | 904,525 | 891,910 |
| Goodwill | 1,555,116 | 1,555,116 | 1,555,116 | 1,456,009 |
| Operating lease right-of-use assets | 66,103 | 69,066 | 71,929 | 83,292 |
| Equity method investments | 19,388 | 13,882 | 13,155 | 12,598 |
| Deposits and other non-current assets | 125,467 | 116,329 | 116,871 | 132,346 |
| Total assets | 4,624,235 | 4,474,302 | 4,515,813 | 4,272,976 |
| Accounts payable and accrued expenses | 711,386 | 553,162 | 577,077 | 700,720 |
| Liabilities to users | 1,022,352 | 724,969 | 863,056 | 930,614 |
| Operating lease liabilities, current portion | 11,464 | 11,361 | 11,084 | 11,277 |
| Other current liabilities | 31,130 | 45,061 | 47,656 | 4,124 |
| Total current liabilities | 1,776,332 | 1,334,553 | 1,498,873 | 1,646,735 |
| Convertible notes, net of issuance costs | 1,258,424 | 1,257,751 | 1,257,086 | 1,255,757 |
| Term b loan, net of issuance costs | 577,522 | 578,499 | 585,483 | - |
| Operating lease liabilities | 59,181 | 62,332 | 65,291 | 75,762 |
| Warrant liabilities | 7,367 | 14,205 | 10,566 | 25,439 |
| Long-term income tax liabilities | 88,043 | 84,328 | 75,443 | 73,835 |
| Other long-term liabilities | 125,080 | 133,006 | 150,156 | 119,332 |
| Total liabilities | 3,891,949 | 3,464,674 | 3,642,898 | 3,196,860 |
| Common stock-Common Class A | 48 | 48 | 48 | 47 |
| Common stock-Common Class B | 39 | 39 | 39 | 39 |
| Treasury stock, at cost 26,807 and 15,651 shares as of september30, 2025 and december31, 2024, respectively | 1,010,579 | 907,739 | 779,742 | 490,352 |
| Additional paid-in capital | 8,280,234 | 8,197,948 | 8,091,174 | 7,836,271 |
| Accumulated deficit | -6,573,944 | -6,317,156 | -6,475,092 | -6,306,377 |
| Accumulated other comprehensive income | 36,488 | 36,488 | 36,488 | 36,488 |
| Total stockholders equity | 732,286 | 1,009,628 | 872,915 | 1,076,116 |
| Total liabilities and stockholders equity | 4,624,235 | 4,474,302 | 4,515,813 | 4,272,976 |
DraftKings Inc. (DKNG)
DraftKings Inc. (DKNG)