DraftKings Inc. (DKNG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.65B | 1.99B | 1.14B | 1.51B | 1.41B | 1.39B | 1.1B | 1.1B | 1.17B | 1.23B | 789.96M | 874.93M | 769.65M | 855.13M | 501.94M | 466.19M | 417.2M | 473.32M | 212.82M | 297.61M |
| Revenue Growth % | 16.84% | 42.82% | 4.43% | 36.95% | 19.9% | 13.15% | 38.68% | 26.23% | 52.67% | 43.94% | 57.38% | 87.68% | 84.48% | 80.67% | 135.85% | 56.65% | 33.6% | 46.89% | 60.21% | 319.57% |
| Cost of Goods Sold | 949.38M | 1.07B | 784.08M | 854.56M | 843.8M | 834.64M | 742.43M | 663.41M | 710.07M | 716.66M | 543.45M | 510.32M | 521.74M | 485.44M | 372.69M | 312.77M | 313.38M | 253.18M | 170.75M | 187.01M |
| COGS % of Revenue | 57.68% | 54.02% | 68.54% | 56.5% | 59.89% | 59.93% | 67.77% | 60.07% | 60.43% | 58.22% | 68.8% | 58.33% | 67.79% | 56.77% | 74.25% | 67.09% | 75.11% | 53.49% | 80.23% | 62.84% |
| Gross Profit | 696.69M | 914.69M | 359.94M | 657.95M | 565M | 558.13M | 353.06M | 441.03M | 464.93M | 514.2M | 246.5M | 364.6M | 247.91M | 369.7M | 129.25M | 153.42M | 103.83M | 220.14M | 42.07M | 110.6M |
| Gross Margin % | 42.32% | 45.98% | 31.46% | 43.5% | 40.11% | 40.07% | 32.23% | 39.93% | 39.57% | 41.78% | 31.2% | 41.67% | 32.21% | 43.23% | 25.75% | 32.91% | 24.89% | 46.51% | 19.77% | 37.16% |
| Gross Profit Growth % | 23.31% | 63.88% | 1.95% | 49.19% | 21.53% | 8.54% | 43.23% | 20.96% | 87.54% | 39.09% | 90.72% | 137.65% | 138.78% | 67.94% | 207.22% | 38.72% | -19.55% | 35.1% | 16% | 368.62% |
| Operating Expenses | 690.84M | 762.93M | 631.83M | 507.3M | 611.33M | 697.31M | 651.65M | 473.42M | 603.76M | 558.01M | 533.09M | 433.65M | 637.7M | 601.92M | 584.27M | 462.34M | 619.41M | 588.9M | 588.59M | 432.15M |
| OpEx % of Revenue | 41.97% | 38.35% | 55.23% | 33.54% | 43.39% | 50.07% | 59.48% | 42.86% | 51.38% | 45.33% | 67.48% | 49.56% | 82.86% | 70.39% | 116.4% | 99.18% | 148.47% | 124.42% | 276.57% | 145.21% |
| Selling, General & Admin | 567.67M | 629.37M | 517.15M | 398.89M | 508.07M | 585.24M | 548.07M | 380.76M | 514.95M | 469.85M | 444.08M | 343.74M | 549.61M | 532.8M | 507.98M | 385.14M | 538.06M | 493.94M | 523.36M | 369.52M |
| SG&A % of Revenue | 34.49% | 31.64% | 45.2% | 26.37% | 36.06% | 42.02% | 50.03% | 34.48% | 43.83% | 38.17% | 56.22% | 39.29% | 71.41% | 62.31% | 101.2% | 82.61% | 128.97% | 104.36% | 245.92% | 124.16% |
| Research & Development | 123.18M | 133.56M | 114.68M | 108.42M | 103.26M | 112.06M | 103.58M | 92.66M | 88.81M | 88.16M | 89M | 89.91M | 88.09M | 83.39M | 76.3M | 77.2M | 81.35M | 69.64M | 65.22M | 62.63M |
| R&D % of Revenue | 7.48% | 6.71% | 10.02% | 7.17% | 7.33% | 8.05% | 9.46% | 8.39% | 7.56% | 7.16% | 11.27% | 10.28% | 11.45% | 9.75% | 15.2% | 16.56% | 19.5% | 14.71% | 30.65% | 21.05% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 1 | 0 |
| Operating Income | 5.85M | 151.76M | -271.89M | 150.64M | -46.33M | -139.18M | -298.59M | -32.39M | -138.84M | -43.81M | -286.59M | -69.05M | -389.79M | -232.22M | -455.03M | -308.92M | -515.58M | -368.76M | -546.52M | -321.55M |
| Operating Margin % | 0.36% | 7.63% | -23.77% | 9.96% | -3.29% | -9.99% | -27.26% | -2.93% | -11.82% | -3.56% | -36.28% | -7.89% | -50.64% | -27.16% | -90.65% | -66.27% | -123.58% | -77.91% | -256.8% | -108.05% |
| Operating Income Growth % | 112.62% | 209.04% | 8.94% | 565.12% | 66.63% | -217.7% | -4.19% | 53.09% | 64.38% | 81.13% | 37.02% | 77.65% | 24.4% | 37.03% | 16.74% | 3.93% | -58.74% | -37.42% | -56.88% | -100.42% |
| EBITDA | 77.51M | 225.76M | -205.82M | 215.94M | 23.79M | -73.08M | -208.64M | 29.23M | -85.66M | 11.39M | -236.34M | -20.78M | -341.57M | -183.6M | -408.94M | -266.61M | -483.36M | -336.22M | -516.16M | -291.5M |
| EBITDA Margin % | 4.71% | 11.35% | -17.99% | 14.28% | 1.69% | -5.25% | -19.05% | 2.65% | -7.29% | 0.93% | -29.92% | -2.38% | -44.38% | -21.47% | -81.47% | -57.19% | -115.86% | -71.03% | -242.53% | -97.95% |
| EBITDA Growth % | 225.87% | 408.92% | 1.35% | 638.65% | 127.77% | -741.67% | 11.72% | 240.68% | 74.92% | 106.2% | 42.21% | 92.21% | 29.33% | 45.39% | 20.77% | 8.54% | -62.97% | -39.57% | -60.42% | -105.61% |
| D&A (Non-Cash Add-back) | 71.66M | 74M | 66.07M | 65.3M | 70.12M | 66.1M | 89.95M | 61.62M | 53.18M | 55.2M | 50.24M | 48.26M | 48.21M | 48.62M | 46.09M | 42.31M | 32.23M | 32.54M | 30.36M | 30.05M |
| EBIT | 5.85M | 151.76M | -225.15M | 181.56M | -34.33M | -144.78M | -293.99M | -8.83M | -142.6M | -36.8M | -281.13M | -75.63M | -395.01M | -246.5M | -446.6M | -297.59M | -464.22M | -343.44M | -546.52M | -321.55M |
| Net Interest Income | 5.74M | 0 | -19.57M | 665K | 4.39M | 8.02M | 8.33M | 13.53M | 14.42M | 18.1M | 13.75M | 12.74M | 11.14M | 10.32M | 6.3M | 1.93M | 148K | 886K | -1.56M | 1.64M |
| Interest Income | 0 | 0 | 0 | 12.3M | 9.49M | 8.78M | 9.2M | 14.21M | 15.07M | 18.79M | 14.42M | 13.41M | 11.79M | 10.32M | 6.97M | 2.59M | 801K | 886K | 0 | 1.64M |
| Interest Expense | -5.74M | 0 | 19.57M | 11.64M | 5.09M | 760K | 872K | 678K | 649K | 688K | 670K | 666K | 655K | 0 | 668K | 661K | 653K | 0 | 1.56M | 0 |
| Other Income/Expense | 21.59M | -5.18M | 3.04M | 19.08M | 6.87M | -6.8M | 3.62M | 22.64M | -4.08M | 6.05M | 4.77M | -7.57M | -6M | -761K | 7.71M | 10.67M | 48.36M | 49.07M | 5.33M | 18.43M |
| Pretax Income | 27.44M | 146.57M | -268.85M | 169.73M | -39.46M | -145.98M | -294.98M | -9.75M | -142.92M | -37.76M | -281.81M | -76.62M | -395.78M | -232.98M | -447.32M | -298.25M | -467.22M | -319.68M | -541.18M | -303.12M |
| Pretax Margin % | 1.67% | 7.37% | -23.5% | 11.22% | -2.8% | -10.48% | -26.93% | -0.88% | -12.16% | -3.07% | -35.67% | -8.76% | -51.42% | -27.25% | -89.12% | -63.98% | -111.99% | -67.54% | -254.29% | -101.85% |
| Income Tax | 6.37M | 10.15M | -12.06M | 11.79M | -5.6M | -11.13M | -1.29M | -73.57M | -351K | 6.86M | 1.29M | 651K | 1.37M | 9.71M | 3.18M | -81.23M | 469K | 6.62M | 3.85M | 2.4M |
| Effective Tax Rate % | 23.21% | 6.92% | 4.49% | 6.95% | 14.19% | 7.63% | 0.44% | 754.72% | 0.25% | -18.17% | -0.46% | -0.85% | -0.35% | -4.17% | -0.71% | 27.23% | -0.1% | -2.07% | -0.71% | -0.79% |
| Net Income | 21.07M | 136.43M | -256.79M | 157.94M | -33.86M | -134.85M | -293.69M | 63.82M | -142.57M | -44.62M | -283.1M | -77.27M | -397.15M | -242.7M | -450.49M | -217.1M | -467.69M | -326.3M | -545.03M | -305.53M |
| Net Margin % | 1.28% | 6.86% | -22.45% | 10.44% | -2.4% | -9.68% | -26.81% | 5.78% | -12.13% | -3.63% | -35.84% | -8.83% | -51.6% | -28.38% | -89.75% | -46.57% | -112.1% | -68.94% | -256.1% | -102.66% |
| Net Income Growth % | 162.22% | 201.17% | 12.56% | 147.46% | 76.25% | -202.21% | -3.74% | 182.6% | 64.1% | 81.61% | 37.16% | 64.41% | 15.08% | 25.62% | 17.34% | 28.94% | -35.04% | -34.45% | -56.73% | -89.25% |
| Net Income (Continuing) | 21.07M | 136.43M | -256.79M | 157.94M | -33.86M | -134.85M | -293.69M | 63.82M | -142.57M | -44.62M | -283.1M | -77.27M | -397.15M | -242.7M | -450.49M | -217.1M | -467.69M | -326.3M | -545.03M | -305.53M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.04 | 0.26 | -0.48 | 0.30 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 | -0.87 | -0.54 | -1.00 | -0.50 | -1.14 | -0.81 | -1.35 | -0.76 |
| EPS Growth % | 157.73% | 192.86% | 20% | 130.77% | 77.13% | -193.81% | 1.64% | 176.47% | 65.52% | 82.35% | 39% | 66% | 23.68% | 33.33% | 25.93% | 34.21% | -31.03% | 58.5% | -37.76% | -38.18% |
| EPS (Basic) | 0.04 | 0.28 | -0.52 | 0.32 | -0.07 | -0.28 | -0.60 | 0.13 | -0.30 | -0.10 | -0.61 | -0.17 | -0.87 | -0.54 | -1.00 | -0.50 | -1.14 | -0.81 | -1.35 | -0.76 |
| Diluted Shares Outstanding | 532M | 532M | 529.5M | 529.5M | 493.3M | 488M | 486.2M | 479.31M | 474.23M | 468.1M | 464.77M | 462.43M | 455.08M | 450.57M | 448.33M | 437.03M | 411.07M | 403.84M | 403.84M | 401.45M |
| Basic Shares Outstanding | 487.24M | 487.24M | 496.52M | 496.52M | 493.3M | 488M | 486.2M | 479.31M | 474.23M | 468.1M | 464.77M | 462.43M | 455.08M | 450.57M | 448.33M | 437.03M | 411.07M | 403.84M | 403.84M | 401.45M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |