DKNG

DraftKings Inc.

Price Chart

Latest Quote

$24.36

-0.48 (-1.95%)

Current Price

Previous Close	$24.84
Open	$24.32
Day High	$24.57
Day Low	$24.06
Volume	3,032,010

Fetched: 2026-07-17T15:03:59

Stock Information

Shares Outstanding	496.13M
Total Debt	$1.92B
Cash Equivalents	$999.40M
Revenue	$6.29B
Net Income	$58.64M
Sector	Consumer Cyclical
Industry	Gambling
Market Cap	$12.37B
P/E Ratio	277.11
EPS (TTM)	$0.09
Exchange	NMS

🌐 Visit Website

📊 Comprehensive Analysis

Company Data

Enterprise Value	$13.29B
Sales	$6.29B
Income	$58.64M
Book/sh	$1.22
Cash/sh	$2.01
Employees	6K

Financial Ratios

Quick Ratio	0.70
Current Ratio	1.02
Debt/Eq	316.98

Returns & Margins

ROA	0.70%
ROE	7.94%
Gross Margin	76.70%
Operating Margin	0.35%
Profit Margin	0.93%

Ownership

Insider Ownership	2.93%
Institutional Ownership	80.03%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	14.63
PEG	0.09
P/S	1.97
P/B	20.44

Analyst Data

Recommendation	buy
Target Price	$35.20

Technical Indicators

SMA20	$25.65
SMA50	$25.75
SMA200	$28.18
RSI	43.00
ATR	1.1196

Shares Float	481.46M
Short Float	8.66%
Short Ratio	3.14
Volatility	1.64
Rel Volume	1.13

Performance History

Week	-5.80%
Month	-12.52%
Quarter	+5.05%
6 Months	-27.33%
YTD	-30.06%
Year	-42.48%
3 Years	-18.20%
5 Years	-49.20%
10 Years	+154.49%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$24.94	12,727,500
2026-07-16	$24.84	8,841,800
2026-07-15	$25.25	10,525,300
2026-07-14	$25.21	12,374,000
2026-07-13	$26.45	13,615,600
2026-07-10	$26.48	7,721,600
2026-07-09	$26.29	13,732,600
2026-07-08	$27.17	9,810,700
2026-07-07	$26.91	8,864,300
2026-07-06	$26.21	9,557,900
2026-07-02	$25.89	7,359,500
2026-07-01	$25.77	9,375,300
2026-06-30	$25.26	10,951,200
2026-06-29	$25.80	11,266,900
2026-06-26	$25.70	16,724,400
2026-06-25	$23.10	12,556,700
2026-06-24	$24.53	11,698,200
2026-06-23	$25.15	14,777,700
2026-06-22	$25.65	8,125,300
2026-06-18	$26.39	14,981,000

About DraftKings Inc.

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

📰 Latest News

Michael Burry Is Skeptical Of NVDA, ORCL And NFLX — But Bullish On This Sports Betting Stock

Stocktwits • 2026-07-17T20:16:18Z

Goldman Sachs Will Continue to Beat Targets, Analyst Says. Plus, DraftKings and 4 More Stocks.

Barrons.com • 2026-07-17T20:03:00Z

Here's Why DraftKings (DKNG) Fell More Than Broader Market

Zacks • 2026-07-16T22:00:04Z

Should DraftKings’ Alberta Sportsbook Expansion Shape How DKNG Investors View Its North American Strategy?

Simply Wall St. • 2026-07-13T18:10:50Z

Facing Digital Threats, MGM Resorts Trades Higher On Reported Takeover Talks With Barry Diller's People Inc.

Investor's Business Daily • 2026-07-13T15:44:54Z

Michael Burry Just Made Big Bets on Sports-Betting Stocks—Why the Odds Are On His Side

24/7 Wall St. • 2026-07-13T13:31:15Z

DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It

Zacks • 2026-07-13T13:00:03Z

Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks

MarketBeat • 2026-07-12T12:15:00Z

World Cup Bets on Prediction Markets May Get Tax Edge Over Gambling

Bloomberg • 2026-07-12T12:00:00Z

Michael Burry sees something in DraftKings the market is missing

TheStreet • 2026-07-11T01:37:00Z

Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Reconciled Cost Of Revenue	$3,556,947,000	$2,950,561,000	$2,292,175,000	$1,484,273,000
Cost Of Revenue	$3,556,947,000	$2,950,561,000	$2,292,175,000	$1,484,273,000
Total Revenue	$6,054,525,000	$4,767,699,000	$3,665,393,000	$2,240,461,000
Operating Revenue	$5,631,704,000	$4,410,665,000	$3,323,152,000	$1,854,632,000
Expenses
Total Expenses	$6,070,342,000	$5,376,698,000	$4,454,618,000	$3,752,217,000
Other Income Expense	$42,771,000	$-28,459,000	$-57,767,000	$50,096,000
Other Non Operating Income Expenses	$38,024,000	$-23,514,000	$-224,000	$20,700,000
Net Non Operating Interest Income Expense	$-19,941,000	$44,300,000	$55,739,000	$18,702,000
Total Other Finance Cost	$19,941,000	$-44,300,000	$-55,739,000	$-18,702,000
Operating Expense	$2,513,395,000	$2,426,137,000	$2,162,443,000	$2,267,944,000
Selling And Marketing Expense	$1,379,880,000	$1,264,920,000	$1,200,718,000	$1,185,977,000
General And Administrative Expense	$673,603,000	$764,103,000	$606,569,000	$763,720,000
Interest Expense	-	$2,959,000	$2,679,000	$2,651,000
Interest Expense Non Operating	-	$2,959,000	$2,679,000	$2,651,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Net Interest Income	$-19,941,000	$44,300,000	$55,739,000	$18,702,000
Normalized Income	$-40,130	$-503,059,802	$-756,683,030	$-1,406,000,431
Net Income From Continuing And Discontinued Operation	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Total Operating Income As Reported	$-15,817,000	$-608,999,000	$-789,225,000	$-1,511,756,000
Net Income Common Stockholders	$-4,033,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Net Income	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Net Income Including Noncontrolling Interests	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Net Income Continuous Operations	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Earnings From Equity Interest Net Of Tax	$971,000	$-468,000	$-719,000	$-2,895,000
Pretax Income	$7,013,000	$-593,158,000	$-791,253,000	$-1,442,958,000
Operating Income	$-15,817,000	$-608,999,000	$-789,225,000	$-1,511,756,000
Gross Profit	$2,497,578,000	$1,817,138,000	$1,373,218,000	$756,188,000
Interest Income	-	$47,259,000	$58,418,000	$21,353,000
Interest Income Non Operating	-	$47,259,000	$58,418,000	$21,353,000
Per Share
Diluted EPS	$0.01	$-1.05	$-1.73	$-3.16
Basic EPS	$0.01	$-1.05	$-1.73	$-3.16
Other
Tax Effect Of Unusual Items	$996,870	$-719,802	$-12,084,030	$1,382,569
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$254,924,000	$-333,200,000	$-529,762,000	$-1,300,451,000
Total Unusual Items	$4,747,000	$-4,945,000	$-57,543,000	$29,396,000
Total Unusual Items Excluding Goodwill	$4,747,000	$-4,945,000	$-57,543,000	$29,396,000
Reconciled Depreciation	$275,488,000	$270,854,000	$201,920,000	$169,252,000
EBITDA (Bullshit earnings)	$259,671,000	$-338,145,000	$-587,305,000	$-1,271,055,000
EBIT	$-15,817,000	$-608,999,000	$-789,225,000	$-1,440,307,000
Diluted Average Shares	$495,900,000	$482,000,000	$462,600,000	$436,071,835
Basic Average Shares	$495,900,000	$482,000,000	$462,600,000	$436,071,835
Diluted NI Availto Com Stockholders	$-4,033,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Otherunder Preferred Stock Dividend	$7,743,000	$0	$0	-
Tax Provision	$4,274,000	$-86,341,000	$10,170,000	$-67,866,000
Gain On Sale Of Security	$4,747,000	$-4,945,000	$-57,543,000	$29,396,000
Research And Development	$459,912,000	$397,114,000	$355,156,000	$318,247,000
Selling General And Administration	$2,053,483,000	$2,029,023,000	$1,807,287,000	$1,949,697,000
Other Gand A	$673,603,000	$764,103,000	$606,569,000	$763,720,000

Fetched: 2026-07-08

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$-1,855,387,000	$-1,477,611,000	$-736,687,000	$-340,614,000
Total Assets	$4,530,784,000	$4,283,725,000	$3,944,866,000	$4,040,152,000
Total Non Current Assets	$2,715,775,000	$2,749,964,000	$1,873,499,000	$1,955,311,000
Other Non Current Assets	$109,098,000	$123,060,000	$131,546,000	$155,865,000
Goodwill And Other Intangible Assets	$2,486,848,000	$2,488,237,000	$1,576,993,000	$1,663,307,000
Other Intangible Assets	$889,201,000	$933,121,000	$690,620,000	$776,934,000
Current Assets	$1,815,009,000	$1,533,761,000	$2,071,367,000	$2,084,841,000
Other Current Assets	$104,837,000	$145,729,000	$98,565,000	$94,836,000
Restricted Cash	$477,050,000	$541,906,000	$352,990,000	$469,653,000
Receivables	$105,577,000	$57,839,000	$349,309,000	$211,180,000
Accounts Receivable	$105,577,000	$57,839,000	$349,309,000	$211,180,000
Cash Cash Equivalents And Short Term Investments	$1,127,545,000	$788,287,000	$1,270,503,000	$1,309,172,000
Cash And Cash Equivalents	$1,127,545,000	$788,287,000	$1,270,503,000	$1,309,172,000
Non Current Prepaid Assets	-	-	-	-
Prepaid Assets	-	-	-	-
Debt
Net Debt	$708,095,000	$468,142,000	-	-
Total Debt	$1,889,826,000	$1,335,082,000	$1,346,086,000	$1,324,688,000
Long Term Debt And Capital Lease Obligation	$1,880,031,000	$1,324,089,000	$1,334,587,000	$1,320,435,000
Long Term Debt	$1,835,640,000	$1,256,429,000	$1,253,760,000	$1,251,103,000
Current Debt And Capital Lease Obligation	$9,795,000	$10,993,000	$11,499,000	$4,253,000
Liabilities
Total Liabilities Net Minority Interest	$3,899,323,000	$3,273,099,000	$3,104,560,000	$2,717,459,000
Total Non Current Liabilities Net Minority Interest	$2,143,852,000	$1,618,108,000	$1,554,940,000	$1,471,002,000
Other Non Current Liabilities	$172,203,000	$195,611,000	$83,975,000	$70,029,000
Derivative Product Liabilities	$0	$22,033,000	$63,568,000	$10,680,000
Tradeand Other Payables Non Current	$91,618,000	$76,375,000	$72,810,000	$69,858,000
Current Liabilities	$1,755,471,000	$1,654,991,000	$1,549,620,000	$1,246,457,000
Other Current Liabilities	$960,235,000	$982,753,000	$898,522,000	$724,617,000
Current Deferred Liabilities	$56,433,000	$46,390,000	$43,634,000	$40,520,000
Payables And Accrued Expenses	$627,159,000	$527,663,000	$501,135,000	$398,248,000
Payables	$239,056,000	$184,063,000	$150,628,000	$81,039,000
Total Tax Payable	$171,196,000	$130,401,000	$116,501,000	$70,891,000
Accounts Payable	$67,860,000	$53,662,000	$34,127,000	$10,148,000
Equity
Common Stock Equity	$631,461,000	$1,010,626,000	$840,306,000	$1,322,693,000
Total Equity Gross Minority Interest	$631,461,000	$1,010,626,000	$840,306,000	$1,322,693,000
Stockholders Equity	$631,461,000	$1,010,626,000	$840,306,000	$1,322,693,000
Gains Losses Not Affecting Retained Earnings	$36,488,000	$36,488,000	$36,488,000	$36,488,000
Other Equity Adjustments	$36,488,000	$36,488,000	$36,488,000	$36,488,000
Retained Earnings	$-6,437,518,000	$-6,441,228,000	$-5,933,943,000	$-5,131,801,000
Long Term Equity Investment	$18,938,000	$13,200,000	$10,280,000	$10,080,000
Other
Treasury Shares Number	$38,243,000	$15,651,000	$11,901,000	$8,690,000
Ordinary Shares Number	$495,053,000	$489,071,000	$472,697,000	$450,575,000
Share Issued	$533,296,000	$504,722,000	$484,598,000	$459,265,000
Tangible Book Value	$-1,855,387,000	$-1,477,611,000	$-736,687,000	$-340,614,000
Invested Capital	$2,467,101,000	$2,267,055,000	$2,094,066,000	$2,573,796,000
Working Capital	$59,538,000	$-121,230,000	$521,747,000	$838,384,000
Capital Lease Obligations	$54,186,000	$78,653,000	$92,326,000	$73,585,000
Total Capitalization	$2,467,101,000	$2,267,055,000	$2,094,066,000	$2,573,796,000
Treasury Stock	$1,392,433,000	$563,146,000	$412,182,000	$332,133,000
Additional Paid In Capital	$8,424,833,000	$7,978,425,000	$7,149,858,000	$6,750,055,000
Capital Stock	$91,000	$87,000	$85,000	$84,000
Common Stock	$91,000	$87,000	$85,000	$84,000
Long Term Capital Lease Obligation	$44,391,000	$67,660,000	$80,827,000	$69,332,000
Current Deferred Revenue	$56,433,000	$46,390,000	$43,634,000	$40,520,000
Current Capital Lease Obligation	$9,795,000	$10,993,000	$11,499,000	$4,253,000
Pensionand Other Post Retirement Benefit Plans Current	$101,849,000	$87,192,000	$94,830,000	$78,819,000
Current Accrued Expenses	$388,103,000	$343,600,000	$350,507,000	$317,209,000
Investments And Advances	$18,938,000	$13,200,000	$10,280,000	$10,080,000
Goodwill	$1,597,647,000	$1,555,116,000	$886,373,000	$886,373,000
Net PPE	$100,891,000	$125,467,000	$154,680,000	$126,059,000
Accumulated Depreciation	$-104,801,000	$-88,367,000	$-75,451,000	$-55,603,000
Gross PPE	$205,692,000	$213,834,000	$230,131,000	$181,662,000
Leases	$61,517,000	$56,346,000	$57,309,000	$43,046,000
Other Properties	$49,810,000	$74,917,000	$93,985,000	$65,957,000
Machinery Furniture Equipment	$94,365,000	$82,571,000	$78,837,000	$72,659,000
Properties	$0	$0	$0	$0

Fetched: 2026-07-08

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$508,393,000	$296,910,000	$-115,136,000	$-729,164,000
Operating Activities
Operating Cash Flow	$662,855,000	$417,767,000	$-1,751,000	$-625,519,000
Cash Flow From Continuing Operating Activities	$662,855,000	$417,767,000	$-1,751,000	$-625,519,000
Operating Gains Losses	$-1,312,000	$24,218,000	$58,337,000	$-37,500,000
Investing Activities
Capital Expenditure	$-154,462,000	$-120,857,000	$-113,385,000	$-103,645,000
Investing Cash Flow	$-165,997,000	$-566,601,000	$-90,360,000	$-208,766,000
Cash Flow From Continuing Investing Activities	$-165,997,000	$-566,601,000	$-90,360,000	$-208,766,000
Net Other Investing Changes	$4,846,000	$-4,257,000	$-1,400,000	$-8,614,000
Financing Activities
Repurchase Of Capital Stock	$-829,287,000	$-150,964,000	$-80,049,000	$-25,519,000
Issuance Of Capital Stock	$15,243,000	$0	$0	$0
Financing Cash Flow	$-222,456,000	$-144,466,000	$-63,221,000	$-16,732,000
Cash Flow From Continuing Financing Activities	$-222,456,000	$-144,466,000	$-63,221,000	$-16,732,000
Net Other Financing Charges	$-2,601,000	$-2,667,000	-	-
Net Common Stock Issuance	$-814,044,000	$-150,964,000	$-80,049,000	$-25,519,000
Common Stock Issuance	$15,243,000	$0	$0	$0
Net Preferred Stock Issuance	-	-	-	-
Preferred Stock Issuance	-	-	-	-
Other
Repayment Of Debt	$-4,500,000	$0	$0	$0
Issuance Of Debt	$588,116,000	$0	$0	$0
Interest Paid Supplemental Data	$27,881,000	$0	$0	$0
Income Tax Paid Supplemental Data	$8,236,000	$5,268,000	$8,341,000	$10,366,000
End Cash Position	$1,604,595,000	$1,330,193,000	$1,623,493,000	$1,778,825,000
Beginning Cash Position	$1,330,193,000	$1,623,493,000	$1,778,825,000	$2,629,842,000
Changes In Cash	$274,402,000	$-293,300,000	$-155,332,000	$-851,017,000
Proceeds From Stock Option Exercised	$10,573,000	$9,165,000	$16,828,000	$8,787,000
Common Stock Payments	$-829,287,000	$-150,964,000	$-80,049,000	$-25,519,000
Net Issuance Payments Of Debt	$583,616,000	$0	$0	$0
Net Long Term Debt Issuance	$583,616,000	$0	$0	$0
Long Term Debt Payments	$-4,500,000	$0	$0	-
Long Term Debt Issuance	$588,116,000	$0	$0	$0
Net Investment Purchase And Sale	$0	$0	$24,425,000	$0
Sale Of Investment	$0	$0	$24,425,000	$0
Net Business Purchase And Sale	$-16,381,000	$-441,487,000	$0	$-96,507,000
Purchase Of Business	$-16,381,000	$-441,487,000	$0	$-96,507,000
Net Intangibles Purchase And Sale	$-139,110,000	$-110,681,000	$-92,483,000	$-71,243,000
Purchase Of Intangibles	$-139,110,000	$-110,681,000	$-92,483,000	$-71,243,000
Net PPE Purchase And Sale	$-15,352,000	$-10,176,000	$-20,902,000	$-32,402,000
Purchase Of PPE	$-15,352,000	$-10,176,000	$-20,902,000	$-32,402,000
Change In Working Capital	$97,348,000	$335,081,000	$134,882,000	$121,722,000
Change In Other Current Liabilities	$-38,597,000	$135,947,000	$176,812,000	$168,368,000
Change In Payables And Accrued Expense	$147,425,000	$-14,635,000	$106,545,000	$86,002,000
Change In Payable	$147,425,000	$-14,635,000	$106,545,000	$86,002,000
Change In Account Payable	$132,182,000	$-18,200,000	$103,593,000	$95,269,000
Change In Tax Payable	$15,243,000	$3,565,000	$2,952,000	$-9,267,000
Change In Income Tax Payable	$15,243,000	$3,565,000	$2,952,000	$-9,267,000
Change In Prepaid Assets	$-14,473,000	$-24,565,000	$-16,904,000	$-31,138,000
Change In Receivables	$2,993,000	$238,204,000	$-138,129,000	$-102,814,000
Changes In Account Receivables	$-57,695,000	$-10,116,000	$3,558,000	$2,506,000
Other Non Cash Items	$-33,465,000	$6,265,000	$940,000	$-6,398,000
Stock Based Compensation	$339,311,000	$381,367,000	$398,463,000	$578,799,000
Deferred Tax	$-18,225,000	$-92,733,000	$5,849,000	$-73,407,000
Deferred Income Tax	$-18,225,000	$-92,733,000	$5,849,000	$-73,407,000
Depreciation Amortization Depletion	$275,488,000	$270,854,000	$201,920,000	$169,252,000
Depreciation And Amortization	$275,488,000	$270,854,000	$201,920,000	$169,252,000
Earnings Losses From Equity Investments	$-971,000	$468,000	$719,000	$2,895,000
Gain Loss On Investment Securities	$-341,000	$17,885,000	$57,618,000	$-40,395,000
Gain Loss On Sale Of Business	$0	$5,865,000	$0	$0
Net Income From Continuing Operations	$3,710,000	$-507,285,000	$-802,142,000	$-1,377,987,000
Change In Other Working Capital	-	$130,000	$6,558,000	$1,304,000
Effect Of Exchange Rate Changes	-	-	$0	$0
Net Short Term Debt Issuance	-	-	$0	$0
Short Term Debt Issuance	-	-	$0	$0
Amortization Cash Flow	-	-	$180,900,000	-
Amortization Of Intangibles	-	-	$180,900,000	-
Depreciation	-	-	$20,400,000	-
Short Term Debt Payments	-	-	-	$0
Purchase Of Investment	-	-	-	$0
Preferred Stock Payments	-	-	-	-

Fetched: 2026-07-08