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DraftKings Inc. (DKNG)

For the quarter ending 2025-06-30, DKNG made $1,512,507K in revenue. $157,936K in net income. Net profit margin of 10.44%.

Overview

Revenue
$1,512,507K
Net Income
$157,936K
Net Profit Margin
10.44%
EPS
$0.3
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue1,512,507 1,408,806 1,095,490 1,104,441
General and administrative165,700 164,394 208,126 165,084
Cost of revenue854,559 843,803 742,434 663,414
Product and technology108,417 103,260 103,581 92,655
Sales and marketing233,187 343,680 339,943 215,676
Income (loss) from operations150,644 -46,331 -298,594 -32,388
Interest income12,305 9,489 9,200 14,212
Interest expense11,640 5,094 872 678
Gain (loss) on remeasurement of warrant liabilities5,851 -2,495 -21 -9,791
Other gain (loss), net24,459 22 -4,620 -446
Income (loss) before income tax and equity method investments169,917 -39,419 -294,865 -9,509
(gain) loss from equity method investments-191 -45 -110 -239
Income tax provision (benefit)11,790 -5,600 -1,287 -73,570
Net income (loss) attributable to common stockholders157,936 -33,864 -293,688 63,822
Basic (in dollars per share)0.32 -0.07 -0.6 0.13
Diluted (in dollars per share)0.3 -0.07 -0.6 0.1
Weighted-average class a common stock outstanding - basic (in shares)496,517,000 493,323,000 486,219,000 479,307,000
Weighted-average class a common stock outstanding - diluted (in shares)529,454,000 493,323,000 486,219,000 518,785,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Revenue$1,512,507K (36.95%↑ Y/Y)Interest income$12,305K (-13.42%↓ Y/Y)Income (loss) fromoperations$150,644K (565.12%↑ Y/Y)Other gain (loss), net$24,459K (5584.08%↑ Y/Y)Product and technology$108,417K (17.01%↑ Y/Y)Cost of revenue$854,559K (28.81%↑ Y/Y)General andadministrative$165,700K (0.37%↑ Y/Y)Sales and marketing$233,187K (8.12%↑ Y/Y)Income (loss) beforeincome tax and equity...$169,917K (1886.91%↑ Y/Y)Gain (loss) onremeasurement of warrant...$5,851K (159.76%↑ Y/Y)Interest expense$11,640K (1616.81%↑ Y/Y)Net income (loss)attributable to common...$157,936K (147.46%↑ Y/Y)(gain) loss from equitymethod investments-$191K (20.08%↑ Y/Y)Income tax provision(benefit)$11,790K (116.03%↑ Y/Y)