# DraftKings Inc. (DKNG)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $14.89B  
**Price:** $30.02 (+4.27%)

> DraftKings Inc. is a digital sports entertainment and gaming company headquartered in Boston, Massachusetts. The company operates online sports betting platforms that allow users to place wagers on a wide range of professional and collegiate sporting events, subject to local regulations. DraftKings also offers online casino games, including slots and table games, along with daily fantasy sports contests where users assemble virtual teams and compete based on real-world athlete performance. In addition, the company runs the DraftKings Marketplace, focused on digital collectibles, and partners with physical venues through its retail sportsbook operations. DraftKings integrates media and content features to enhance user engagement, providing statistics, analysis, and interactive experiences. Serving customers across multiple regulated jurisdictions, the company plays a prominent role in the broader gaming and online entertainment ecosystem. Founded in 2011, DraftKings today positions itself as a comprehensive platform for regulated real-money sports wagering, iGaming, and fantasy sports experiences.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $6.05B | $2.50B | -$16M | $4M | — |
| 2024 | $4.77B | $1.82B | -$609M | -$507M | — |
| 2023 | $3.67B | $1.37B | -$789M | -$802M | — |
| 2022 | $2.24B | $756M | -$1.51B | -$1.38B | — |
| 2021 | $1.30B | $502M | -$1.56B | -$1.52B | — |
| 2020 | $615M | $268M | -$843M | -$1.23B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.53B | $3.90B | $631M | $1.13B | — |
| 2024 | $4.28B | $3.27B | $1.01B | $788M | — |
| 2023 | $3.94B | $3.10B | $840M | $1.27B | — |
| 2022 | $4.04B | $2.72B | $1.32B | $1.31B | — |
| 2021 | $4.07B | $2.39B | $1.68B | $2.15B | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $663M | $15M | $648M |
| 2024 | $418M | $10M | $408M |
| 2023 | -$2M | $21M | -$23M |
| 2022 | -$626M | $32M | -$658M |
| 2021 | -$420M | $16M | -$435M |
| 2020 | -$194M | $12M | -$206M |

Source: [CompaniesByCap](https://companiesbycap.com/company/DKNG)