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-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % -19.9%
Debt-to-equity 301 % +13.1%
Return On Equity -41.2 % +57.1%
Return On Assets -10.3 % +60.9%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 10.9B USD +118%
Weighted Average Number of Shares Outstanding, Basic 486M shares +4.61%
Weighted Average Number of Shares Outstanding, Diluted 486M shares +4.61%

Income Statement

Label TTM Value / Value Unit Change %
Cost of Revenue 2.83B USD +37.4%
Selling and Marketing Expense 1.19B USD -5.43%
General and Administrative Expense 727M USD +20.9%
Operating Income (Loss) -514M USD +47.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -447M USD +17.3%
Income Tax Expense (Benefit) -68.3M USD -625%
Net Income (Loss) Attributable to Parent -417M USD +58.3%
Earnings Per Share, Basic -0.85 USD/shares +60.8%
Earnings Per Share, Diluted -0.88 USD/shares +59.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 878M USD -21%
Accounts Receivable, after Allowance for Credit Loss, Current 64.4M USD +132%
Assets, Current 1.64B USD -16.5%
Property, Plant and Equipment, Net 52.9M USD -18.5%
Operating Lease, Right-of-Use Asset 83.3M USD +7.92%
Intangible Assets, Net (Excluding Goodwill) 892M USD +24.1%
Goodwill 1.46B USD +64.3%
Assets 4.27B USD +10.7%
Accounts Payable, Current 34.1M USD +236%
Employee-related Liabilities, Current 94.8M USD +20.3%
Contract with Customer, Liability, Current 179M USD -25.2%
Liabilities, Current 1.65B USD +7.74%
Deferred Income Tax Liabilities, Net 73.8M USD +8.18%
Operating Lease, Liability, Noncurrent 75.8M USD -1.51%
Other Liabilities, Noncurrent 119M USD +49.8%
Liabilities 3.2B USD +4.47%
Accumulated Other Comprehensive Income (Loss), Net of Tax 36.5M USD 0%
Retained Earnings (Accumulated Deficit) -6.31B USD -7.08%
Stockholders' Equity Attributable to Parent 1.08B USD +34.3%
Liabilities and Equity 4.27B USD +10.7%

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 1.16B USD -27.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 1.36B USD +10.7%
Deferred Tax Assets, Gross 1.39B USD +10.1%
Operating Lease, Liability 87M USD -2.27%
Payments to Acquire Property, Plant, and Equipment 3.03M USD -57.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.38B USD +12.2%
Lessee, Operating Lease, Liability, to be Paid 109M USD -1.02%
Property, Plant and Equipment, Gross 136M USD +17.7%
Operating Lease, Liability, Current 11.3M USD -7.05%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.7M USD +7.57%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.4M USD +4.17%
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 22.3M USD +4.18%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.1M USD +10.8%
Deferred Tax Assets, Operating Loss Carryforwards 1.04B USD +8.48%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 300M shares 0%
Unrecognized Tax Benefits 57.4M USD -1.01%
Lessee, Operating Lease, Liability, to be Paid, Year Four 16.5M USD +44.5%
Operating Lease, Payments 4.03M USD +27.5%
Additional Paid in Capital 7.84B USD +11.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 238M USD +35.9%
Depreciation, Depletion and Amortization 46.1M USD +51.8%
Deferred Tax Assets, Net of Valuation Allowance 33.4M USD -8.68%
Share-based Payment Arrangement, Expense 385M USD -7.3%
Interest Expense 2.67M USD +0.75%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%