For the quarter ending 2025-09-30, DKNG made $1,144,019,000 in revenue. -$256,788,000 in net income. Net profit margin of -22.45%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 1,144,019,000 | 1,512,507,000 | 1,408,806,000 | 1,392,772,000 |
| Cost of revenue | 784,079,000 | 854,559,000 | 843,803,000 | 834,644,000 |
| Sales and marketing | 360,370,000 | 233,187,000 | 343,680,000 | 368,602,000 |
| Product and technology | 114,680,000 | 108,417,000 | 103,260,000 | 112,063,000 |
| General and administrative | 156,780,000 | 165,700,000 | 164,394,000 | 216,642,000 |
| Income (loss) from operations | -271,890,000 | 150,644,000 | -46,331,000 | -139,179,000 |
| Interest income | - | 12,305,000 | 9,489,000 | 8,780,000 |
| Interest expense | - | 11,640,000 | 5,094,000 | 704,500 |
| Interest (income) expense, net | -19,573,000 | - | - | - |
| Gain (loss) on remeasurement of warrant liabilities | -4,233,000 | 5,851,000 | -2,495,000 | -3,337,000 |
| Other gain (loss), net | 16,720,000 | 24,459,000 | 22,000 | -17,713,000 |
| Income (loss) before income tax and equity method investments | -270,510,000 | 169,917,000 | -39,419,000 | -145,535,000 |
| Income tax provision (benefit) | -12,065,000 | 11,790,000 | -5,600,000 | -11,133,000 |
| (gain) loss from equity method investments | 1,657,000 | -191,000 | -45,000 | -449,000 |
| Net income (loss) attributable to common stockholders | -256,788,000 | 157,936,000 | -33,864,000 | -134,851,000 |
| Basic (in dollars per share) | -0.52 | 0.32 | -0.07 | -0.28 |
| Basic weighted-average common shares outstanding (in shares) | 496,639,000 | 496,517,000 | 493,323,000 | -957,800,000 |
| Diluted (in dollars per share) | -0.52 | 0.3 | -0.07 | -0.25 |
| Diluted weighted-average common shares outstanding (in shares) | 496,639,000 | 529,454,000 | 493,323,000 | -997,278,000 |
DraftKings Inc. (DKNG)
DraftKings Inc. (DKNG)