DraftKings (DKNG)
Operates an integrated sportsbook, online casino, fantasy sports, lottery, and event-contract platform.
$21.05
vs last close−0.75 (−3.46%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 790 | 1,231 | 1,175 | 1,104 | 1,095 | 1,393 | 1,409 | 1,513 | 1,144 | 1,989 | 1,646 | 1,443 |
| Cost of revenue | 543 | 717 | 710 | 663 | 742 | 835 | 844 | 855 | 784 | 1,075 | 949 | 892 |
| Gross profit | 247 | 514 | 465 | 441 | 353 | 558 | 565 | 658 | 360 | 915 | 697 | 551 |
| 533 | 558 | 604 | 473 | 652 | 697 | 611 | 507 | 632 | 763 | 691 | 620 | |
| Research & development | 89 | 88 | 89 | 93 | 104 | 112 | 103 | 108 | 115 | 134 | 123 | 0 |
| 444 | 470 | 515 | 381 | 548 | 585 | 508 | 399 | 517 | 629 | 568 | 492 | |
| Selling & marketing | 313 | 291 | 341 | 216 | 340 | 369 | 344 | 233 | 360 | 443 | 402 | 323 |
| General & administrative | 131 | 179 | 174 | 165 | 208 | 217 | 164 | 166 | 157 | 187 | 166 | 169 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 128 |
| Operating income | −287 | −44 | −139 | −32 | −299 | −139 | −46 | 151 | −272 | 152 | 6 | −68 |
| 5 | 6 | −4 | 23 | 4 | −7 | 7 | 19 | 3 | −5 | 22 | −4 | |
| Interest income | 14 | 19 | 15 | 14 | 9 | 9 | 9 | 12 | 0 | 0 | 0 | 0 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 12 | 20 | 0 | −6 | 0 |
| Other non-operating income | −5 | −7 | 4 | −24 | −5 | 6 | −12 | −31 | −47 | 5 | −16 | 4 |
| Income before tax | −282 | −38 | −143 | −10 | −295 | −146 | −39 | 170 | −269 | 147 | 27 | −72 |
| Income tax expense | 1 | 7 | 0 | −74 | −1 | −11 | −6 | 12 | −12 | 10 | 6 | −4 |
| Net income from continuing operations | −283 | −45 | −143 | 64 | −294 | −135 | −34 | 158 | −257 | 136 | 21 | −68 |
| Net income | −283 | −45 | −143 | 64 | −294 | −135 | −34 | 158 | −257 | 136 | 21 | −68 |
| EPS, basic | −$0.61 | −$0.10 | −$0.30 | $0.13 | −$0.60 | −$0.28 | −$0.07 | $0.32 | −$0.52 | $0.28 | $0.04 | −$0.14 |
| EPS, diluted | −$0.61 | −$0.10 | −$0.30 | $0.13 | −$0.60 | −$0.28 | −$0.07 | $0.30 | −$0.48 | $0.26 | $0.04 | −$0.14 |
| Weighted average shares, basic | 465 | 468 | 474 | 479 | 486 | 488 | 493 | 497 | 497 | 487 | 487 | 496 |
| Weighted average shares, diluted | 465 | 468 | 474 | 479 | 486 | 488 | 493 | 530 | 530 | 532 | 532 | 496 |
| EBITDA | −231 | 18 | −89 | 53 | −204 | −79 | 36 | 247 | −159 | 221 | 93 | 8 |
| Depreciation & amortization | 50 | 55 | 53 | 62 | 90 | 66 | 70 | 65 | 66 | 74 | 72 | 80 |
| EBIT | −281 | −37 | −143 | −9 | −294 | −145 | −34 | 182 | −225 | 147 | 22 | −72 |
