DraftKings Inc. financial data

Symbol
DKNG on Nasdaq
Industry
Services-Miscellaneous Amusement & Recreation
Location
222 Berkeley Street, Boston, MA
State of incorporation
NV
Fiscal year end
December 31
Former names
New Duke Holdco, Inc. (to 5/5/2022)
Latest financial report
10-K - Q4 2024 - Feb 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 109 % -22.7%
Debt-to-equity 293 % -6.03%
Return On Equity -48.1 % +44.8%
Return On Assets -12.2 % +42.2%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 16.6B USD +52.3%
Weighted Average Number of Shares Outstanding, Basic 482M shares +4.18%
Weighted Average Number of Shares Outstanding, Diluted 482M shares +4.18%

Income Statement

Label TTM Value / Value Unit Change %
Cost of Revenue 2.95B USD +28.7%
Selling and Marketing Expense 1.26B USD +5.35%
General and Administrative Expense 764M USD +26%
Operating Income (Loss) -609M USD +22.8%
Income Tax Expense (Benefit) -86.3M USD -949%
Net Income (Loss) Attributable to Parent -507M USD +36.8%
Earnings Per Share, Basic -1.05 USD/shares +39.3%
Earnings Per Share, Diluted -1.05 USD/shares +39.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 788M USD -38%
Accounts Receivable, after Allowance for Credit Loss, Current 57.8M USD +21.7%
Assets, Current 1.53B USD -26%
Property, Plant and Equipment, Net 50.6M USD -16.7%
Operating Lease, Right-of-Use Asset 74.9M USD -20.3%
Intangible Assets, Net (Excluding Goodwill) 933M USD +35.1%
Goodwill 1.56B USD +75.4%
Assets 4.28B USD +8.59%
Accounts Payable, Current 53.7M USD +57.2%
Employee-related Liabilities, Current 87.2M USD -8.05%
Contract with Customer, Liability, Current 166M USD -4.45%
Liabilities, Current 1.65B USD +6.8%
Deferred Income Tax Liabilities, Net 76.4M USD +4.9%
Operating Lease, Liability, Noncurrent 67.7M USD -16.3%
Other Liabilities, Noncurrent 196M USD +133%
Liabilities 3.27B USD +5.43%
Accumulated Other Comprehensive Income (Loss), Net of Tax 36.5M USD 0%
Retained Earnings (Accumulated Deficit) -6.44B USD -8.55%
Stockholders' Equity Attributable to Parent 1.01B USD +20.3%
Liabilities and Equity 4.28B USD +8.59%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -70.4M USD +65.1%
Net Cash Provided by (Used in) Financing Activities -30.6M USD -21.8%
Net Cash Provided by (Used in) Investing Activities -39.2M USD -42.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -140M USD +44.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.33B USD -18.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 1.45B USD +6.98%
Deferred Tax Assets, Gross 1.48B USD +6.22%
Operating Lease, Liability 78.7M USD -12.3%
Payments to Acquire Property, Plant, and Equipment 3.03M USD -57.4%
Lessee, Operating Lease, Liability, to be Paid 98M USD -11.1%
Property, Plant and Equipment, Gross 139M USD +2.04%
Operating Lease, Liability, Current 11M USD -4.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.6M USD +5.97%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.9M USD +4.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 540K USD -76%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.3M USD -5.91%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15.1M USD -2.74%
Deferred Tax Assets, Operating Loss Carryforwards 1.1B USD +5.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 300M shares 0%
Unrecognized Tax Benefits 56M USD -2.43%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.5M USD -4.4%
Operating Lease, Payments 4.03M USD +27.5%
Additional Paid in Capital 7.98B USD +11.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 250M USD +38.1%
Deferred Tax Assets, Net of Valuation Allowance 25.2M USD -24.7%
Share-based Payment Arrangement, Expense 381M USD -4.29%
Interest Expense 2.67M USD +0.75%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%