For the year ending 2025-12-31, DKNG has $4,530,784K in assets. $3,899,323K in debts. $1,127,545K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,127,545 | 788,287 | 1,270,503 | 1,309,172 |
| Restricted cash | 7,601 | 16,499 | 11,700 | - |
| Cash reserved for users | 469,449 | 525,407 | 341,290 | 469,653 |
| Receivables reserved for users | - | 62,542 | 301,770 | 160,083 |
| Accounts receivable | 105,577 | 57,839 | 47,539 | 51,097 |
| Prepaid expenses and other current assets | 104,837 | 83,187 | 98,565 | 94,836 |
| Total current assets | 1,815,009 | 1,533,761 | 2,071,367 | 2,084,841 |
| Property and equipment, net | 51,081 | 50,550 | 60,695 | 60,102 |
| Intangible assets, net | 889,201 | 933,121 | 690,620 | 776,934 |
| Goodwill | 1,597,647 | 1,555,116 | 886,373 | 886,373 |
| Operating lease right-of-use assets | 49,810 | 74,917 | 93,985 | 65,957 |
| Equity method investments | 18,938 | 13,200 | 10,280 | 10,080 |
| Deposits and other non-current assets | 109,098 | 123,060 | 131,546 | 155,865 |
| Total assets | 4,530,784 | 4,283,725 | 3,944,866 | 4,040,152 |
| Accounts payable and accrued expenses | 785,441 | 661,245 | 639,599 | 517,587 |
| Liabilities to users | 935,001 | 979,453 | 851,898 | 686,173 |
| Operating lease liabilities, current portion | 9,795 | 10,993 | 11,499 | 4,253 |
| Other current liabilities | 25,234 | 3,300 | 46,624 | 38,444 |
| Total current liabilities | 1,755,471 | 1,654,991 | 1,549,620 | 1,246,457 |
| Convertible notes, net of issuance costs | 1,259,096 | 1,256,429 | 1,253,760 | 1,251,103 |
| Term b loan, net of issuance costs | 576,544 | - | - | - |
| Operating lease liabilities | 44,391 | 67,660 | 80,827 | 69,332 |
| Warrant liabilities | 0 | 22,033 | 63,568 | 10,680 |
| Long-term income tax liabilities | 91,618 | 76,375 | 72,810 | 69,858 |
| Other long-term liabilities | 172,203 | 195,611 | 83,975 | 70,029 |
| Total liabilities | 3,899,323 | 3,273,099 | 3,104,560 | 2,717,459 |
| Common stock-Common Class A | 52 | 48 | 46 | 45 |
| Common stock-Common Class B | 39 | 39 | 39 | 39 |
| Treasury stock, at cost 8,690 and 7,130 shares as of december31, 2022 and december31, 2021, respectively | - | - | - | 332,133 |
| Treasury stock, at cost 38,243 and 15,651 shares as of december31, 2025 and 2024, respectively | 1,392,433 | 563,146 | 412,182 | - |
| Additional paid-in capital | 8,424,833 | 7,978,425 | 7,149,858 | 6,750,055 |
| Accumulated deficit | -6,437,518 | -6,441,228 | -5,933,943 | -5,131,801 |
| Accumulated other comprehensive income | 36,488 | 36,488 | 36,488 | 36,488 |
| Total stockholders equity | 631,461 | 1,010,626 | 840,306 | 1,322,693 |
| Total liabilities and stockholders equity | 4,530,784 | 4,283,725 | 3,944,866 | 4,040,152 |
DraftKings Inc. (DKNG)
DraftKings Inc. (DKNG)