For the year ending 2025-12-31, DKNG made $6,054,525K in revenue. $3,710K in net income. Net profit margin of 0.06%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 6,054,525 | 4,767,699 | 3,665,393 | 2,240,461 |
| Cost of revenue | 3,556,947 | 2,950,561 | 2,292,175 | 1,484,273 |
| Sales and marketing | 1,379,880 | 1,264,920 | 1,200,718 | 1,185,977 |
| Product and technology | 459,912 | 397,114 | 355,156 | 318,247 |
| General and administrative | 673,603 | 764,103 | 606,569 | 763,720 |
| Income (loss) from operations | -15,817 | -608,999 | -789,225 | -1,511,756 |
| Interest income | - | 47,259 | 58,418 | - |
| Interest income (expense), net | - | - | - | 18,702 |
| Interest expense | - | 2,959 | 2,679 | - |
| Interest income (expense), net | -19,941 | - | - | - |
| Gain (loss) on remeasurement of warrant liabilities | -4,747 | 4,945 | 57,543 | -29,396 |
| Other gain (loss), net | 38,024 | -23,514 | -224 | 20,700 |
| Income (loss) before income tax and equity method investments | 7,013 | -593,158 | -791,253 | -1,442,958 |
| Income tax provision (benefit) | 4,274 | -86,341 | 10,170 | -67,866 |
| (gain) loss from equity method investments | 971 | -468 | -719 | -2,895 |
| Net income (loss) attributable to common stockholders | 3,710 | -507,285 | -802,142 | -1,377,987 |
| Basic (in dollars per share) | 0.01 | -1.05 | -1.73 | -3.16 |
| Diluted (in dollars per share) | -0.01 | -1.05 | -1.73 | -3.16 |
| Diluted weighted-average common shares outstanding (in shares) | 495,903,000 | 481,954,000 | 462,599,000 | 436,513,000 |
| Weighted-average class a common stock outstanding - basic (in shares) | 495,638,000 | 481,954,000 | 462,599,000 | 436,513,000 |
DraftKings Inc. (DKNG)
DraftKings Inc. (DKNG)