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DraftKings Inc.

$24.78 -0.60% NASDAQ: DKNG · 15-min delayed

BOSTON, Massachusetts
Public · NASDAQ: DKNG
5,500 employees

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$12.4BMarket cap

$6.1BRevenue · FY2025

$3.7MNet income

5,500Employees

DKNGNASDAQ

2020IPO

About DraftKings Inc.

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to around 40% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.

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Company facts

Type: Public · NASDAQ: DKNG
Employees: 5,500
IPO date: Apr 24, 2020
Headquarters: 222 BERKELEY STREET
BOSTON, Massachusetts 02116
Phone: (617) 986-6744
Website: Visit site

Registry IDs

Ticker: DKNG Nasdaq
SEC CIK: 1883685
LEI: 2549006G33IUL6IVOD83
SIC: 7990 SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION

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Reported figures

Financial summary

Revenue FY2025: $6.1B
Net income: $3.7M
Total assets: $4.5B
Market cap: $12.4B
Gross margin: 41.3%
Operating margin: -0.3%
Net margin: 0.1%

Source: SEC EDGAR · updated Jun 7, 2026

Multi-year

Revenue & profit trend

FY2021

FY2022

FY2023

FY2024

FY2025

Revenue Net income

FY 2025

Financial statements

Income statement

Revenue: $6.1B
Cost of revenue: $3.6B
Gross profit: $2.5B
Operating expenses: $2.5B
Operating income: -$15.8M
Income tax: $4.3M
Net income: $3.7M
EPS (basic): $0.01
EPS (diluted): $-0.01

Balance sheet

Total assets: $4.5B
Current assets: $1.8B
Total liabilities: $3.9B
Current liabilities: $1.8B
Shareholders’ equity: $631.5M

Cash flow

Operating cash flow: $662.9M
Investing cash flow: -$166.0M
Financing cash flow: -$222.5M
Net cash flow: $274.4M

Statements via Polygon.io (SEC filings)

NASDAQ: DKNG

$24.78 -0.60%

15-minute delayed · data by Polygon.io

Past year

$20.72 $48.23

52-week range

Market cap: $12.4B
EPS (diluted): $-0.01
Shares outstanding: 499.1M
Open: —
Day range: –
Prev close: —
Volume: —
IPO date: Apr 24, 2020

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

Profitable — net income of $3.7M in FY2025.
Revenue grew 367% from FY2021 to FY2025.
Gross margin of 41.3%, net margin 0.1%.
Trading 49% below its 52-week high.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.