DraftKings Inc. (DKNG)
DraftKings Inc. (DKNG)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 999,404 | 1,127,545 | 1,228,275 | 1,261,969 |
| Restricted cash | 8,746 | 7,601 | 4,593 | 4,616 |
| Cash reserved for users | 378,670 | 469,449 | 475,319 | 297,369 |
| Receivables reserved for users | NaN | NaN | 55,917 | 67,623 |
| Accounts receivable | 86,119 | 105,577 | 65,555 | 68,950 |
| Prepaid expenses and other current assets | 104,790 | 104,837 | 115,370 | 86,172 |
| Total current assets | 1,577,729 | 1,815,009 | 1,945,029 | 1,786,699 |
| Property and equipment, net | 53,164 | 51,081 | 52,091 | 53,214 |
| Intangible assets, net | 868,061 | 889,201 | 861,041 | 879,996 |
| Goodwill | 1,597,647 | 1,597,647 | 1,555,116 | 1,555,116 |
| Operating lease right-of-use assets | 78,428 | 49,810 | 66,103 | 69,066 |
| Equity method investments | 26,150 | 18,938 | 19,388 | 13,882 |
| Deposits and other non-current assets | 106,353 | 109,098 | 125,467 | 116,329 |
| Total assets | 4,307,532 | 4,530,784 | 4,624,235 | 4,474,302 |
| Accounts payable and accrued expenses | 703,994 | 785,441 | 711,386 | 553,162 |
| Liabilities to users | 811,630 | 935,001 | 1,022,352 | 724,969 |
| Operating lease liabilities, current portion | 10,942 | 9,795 | 11,464 | 11,361 |
| Other current liabilities | 21,858 | 25,234 | 31,130 | 45,061 |
| Total current liabilities | 1,548,424 | 1,755,471 | 1,776,332 | 1,334,553 |
| Convertible notes, net of issuance costs | 1,259,755 | 1,259,096 | 1,258,424 | 1,257,751 |
| Term b loan, net of issuance costs | 575,556 | 576,544 | 577,522 | 578,499 |
| Operating lease liabilities | 71,597 | 44,391 | 59,181 | 62,332 |
| Warrant liabilities | NaN | 0 | 7,367 | 14,205 |
| Long-term income tax liabilities | 92,903 | 91,618 | 88,043 | 84,328 |
| Other long-term liabilities | 154,249 | 172,203 | 125,080 | 133,006 |
| Total liabilities | 3,702,484 | 3,899,323 | 3,891,949 | 3,464,674 |
| Common stock-Common Class A | 53 | 52 | 48 | 48 |
| Common stock-Common Class B | 39 | 39 | 39 | 39 |
| Treasury stock, at cost 42,533 and 38,243 shares as of march31, 2026 and december31, 2025, respectively | 1,515,376 | 1,392,433 | 1,010,579 | 907,739 |
| Additional paid-in capital | 8,500,292 | 8,424,833 | 8,280,234 | 8,197,948 |
| Accumulated deficit | -6,416,448 | -6,437,518 | -6,573,944 | -6,317,156 |
| Accumulated other comprehensive income | 36,488 | 36,488 | 36,488 | 36,488 |
| Total stockholders equity | 605,048 | 631,461 | 732,286 | 1,009,628 |
| Total liabilities and stockholders equity | 4,307,532 | 4,530,784 | 4,624,235 | 4,474,302 |