TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›DKNG›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

DraftKings Inc. (DKNG) financials

Income statement

DraftKings Inc. (DKNG) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$615M$1.30B$2.24B$3.67B$4.77B$6.05B
Revenue growth—110.9%72.9%63.6%30.1%27.0%
Operating income-$843M-$1.56B-$1.51B-$789M-$609M-$15.8M
Operating margin-137.2%-120.5%-67.5%-21.5%-12.8%-0.3%
Net income-$1.23B-$1.52B-$1.38B-$802M-$507M$3.71M
Net margin-200.5%-117.5%-61.5%-21.9%-10.6%0.1%
EPS (diluted)-$4.03-$3.78-$3.16-$1.73-$1.05-$0.01

Cash flow

DraftKings Inc. (DKNG) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$194M-$420M-$626M-$1.75M$418M$663M
Capital expenditures$11.8M$15.9M$32.4M$20.9M$10.2M$15.4M
Free cash flow-$206M-$435M-$658M-$22.7M$408M$648M
Share buybacks$289M$17.8M$0.00$0.00$48.1M$572M

Balance sheet

DraftKings Inc. (DKNG) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.82B$2.15B$1.31B$1.27B$788M$1.13B
Total assets—$4.07B$4.04B$3.94B$4.28B$4.53B
Total liabilities—$2.39B$2.72B$3.10B$3.27B$3.90B
Shareholders' equity$2.63B$1.68B$1.32B$840M$1.01B$631M
Retained earnings—-$3.75B-$5.13B-$5.93B-$6.44B-$6.44B
Shares (wtd avg diluted)306M402M437M463M482M496M

Every figure is extracted from DraftKings Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is DraftKings Inc.'s annual revenue?
DraftKings Inc. (DKNG) reported $6.05B of revenue for fiscal year 2025 — up 27.0% from $4.77B in FY2024, per its annual report filed with the SEC.
Is DraftKings Inc. profitable?
Yes — DKNG earned $3.71M of net income in FY2025, a 0.1% net margin, per SEC filings.
What is DraftKings Inc.'s free cash flow?
$648M in FY2025 (operating cash flow $663M minus $15.4M of capital expenditures), from the SEC cash-flow statement.
Does DKNG pay a dividend?
DraftKings Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DKNG analysis — verdict, score & filings →Is DKNG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.