draftkings inc. - DKNG

DKNG

Close Chg Chg %
23.31 -1.23 -5.28%

Open Market

22.08

-1.23 (5.28%)

Volume: 6.36M

Last Updated:

Mar 25, 2026, 11:33 AM EDT

Company Overview: draftkings inc. - DKNG

DKNG Key Data

Open

$23.40

Day Range

22.03 - 23.68

52 Week Range

21.01 - 48.78

Market Cap

$11.49B

Shares Outstanding

492.99M

Public Float

473.67M

Beta

1.67

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

$0.01

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

14.65M

 

DKNG Performance

1 Week
 
1.23%
 
1 Month
 
0.50%
 
3 Months
 
-31.31%
 
1 Year
 
-32.11%
 
5 Years
 
-62.33%
 

DKNG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 39
Full Ratings ➔

About draftkings inc. - DKNG

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DKNG At a Glance

DraftKings, Inc.
222 Berkeley Street
Boston, Massachusetts 02116
Phone 1-617-986-6744 Revenue 6.05B
Industry Movies/Entertainment Net Income 3.71M
Sector Consumer Services 2025 Sales Growth 26.991%
Fiscal Year-end 12 / 2026 Employees 5,500
View SEC Filings

DKNG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.822
Price to Book Ratio 27.016
Price to Cash Flow Ratio 25.78
Enterprise Value to EBITDA 65.389
Enterprise Value to Sales 2.947
Total Debt to Enterprise Value 0.106

DKNG Efficiency

Revenue/Employee 1,100,822.727
Income Per Employee 674.545
Receivables Turnover 57.347
Total Asset Turnover 1.374

DKNG Liquidity

Current Ratio 1.034
Quick Ratio 1.034
Cash Ratio 0.647

DKNG Profitability

Gross Margin 41.251
Operating Margin -0.043
Pretax Margin 0.116
Net Margin 0.061
Return on Assets 0.084
Return on Equity 0.452
Return on Total Capital 0.147
Return on Invested Capital 0.153

DKNG Capital Structure

Total Debt to Total Equity 299.278
Total Debt to Total Capital 74.955
Total Debt to Total Assets 41.711
Long-Term Debt to Equity 297.727
Long-Term Debt to Total Capital 74.566
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Draftkings Inc. - DKNG

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.24B 3.67B 4.77B 6.05B
Sales Growth
+72.87% +63.60% +30.07% +26.99%
Cost of Goods Sold (COGS) incl D&A
1.48B 2.29B 2.95B 3.56B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
169.25M 201.92M 270.85M 275.49M
Depreciation
18.65M 21.02M 20.95M 19.19M
Amortization of Intangibles
150.60M 180.90M 249.90M 256.30M
COGS Growth
+86.90% +54.43% +28.72% +20.55%
Gross Income
756.19M 1.37B 1.82B 2.50B
Gross Income Growth
+50.68% +81.60% +32.33% +37.45%
Gross Profit Margin
+33.75% +37.46% +38.11% +41.25%
2022 2023 2024 2025 5-year trend
SG&A Expense
2.27B 2.12B 2.32B 2.50B
Research & Development
318.25M 355.16M 397.11M 459.91M
Other SG&A
1.95B 1.77B 1.92B 2.04B
SGA Growth
+9.91% -6.31% +9.11% +7.84%
Other Operating Expense
- - - -
-
Unusual Expense
(29.40M) 95.10M 112.58M 8.47M
EBIT after Unusual Expense
(1.48B) (846.77M) (613.94M) (11.07M)
Non Operating Income/Expense
39.40M 58.19M 23.75M 38.02M
Non-Operating Interest Income
- 18.70M 58.42M 47.26M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- 2.68M 2.96M 19.94M
Interest Expense Growth
- - +10.45% +573.91%
-
Gross Interest Expense
- 2.68M 2.96M 19.94M
Interest Capitalized
- - - -
-
Pretax Income
(1.44B) (791.25M) (593.16M) 7.01M
Pretax Income Growth
+4.92% +45.16% +25.04% +101.18%
Pretax Margin
-64.40% -21.59% -12.44% +0.12%
Income Tax
(67.87M) 10.17M (86.34M) 4.27M
Income Tax - Current - Domestic
456.00K 433.00K 617.00K 2.25M
Income Tax - Current - Foreign
5.08M 3.89M 5.78M 20.25M
Income Tax - Deferred - Domestic
(70.03M) 2.85M (93.22M) (17.63M)
Income Tax - Deferred - Foreign
(3.37M) 3.00M 485.00K (597.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.38B) (802.14M) (507.29M) 3.71M
Minority Interest Expense
- - - -
-
Net Income
(1.38B) (802.14M) (507.29M) 3.71M
Net Income Growth
+9.53% +41.79% +36.76% +100.73%
Net Margin Growth
-61.50% -21.88% -10.64% +0.06%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.38B) (802.14M) (507.29M) 3.71M
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.38B) (802.14M) (507.29M) 3.71M
EPS (Basic)
-3.1568 -1.734 -1.0526 0.0075
EPS (Basic) Growth
+16.58% +45.07% +39.30% +100.71%
Basic Shares Outstanding
436.51M 462.60M 481.95M 495.64M
EPS (Diluted)
-3.1568 -1.734 -1.0526 -0.0081
EPS (Diluted) Growth
+16.58% +45.07% +39.30% +99.23%
Diluted Shares Outstanding
436.51M 462.60M 481.95M 495.90M
EBITDA
(1.34B) (549.75M) (230.51M) 272.88M
EBITDA Growth
+6.80% +59.05% +58.07% +218.38%
EBITDA Margin
-59.92% -15.00% -4.83% +4.51%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 35.94
Number of Ratings 39 Current Quarters Estimate 0.051
FY Report Date 03 / 2026 Current Year's Estimate 0.312
Last Quarter’s Earnings 0.25 Median PE on CY Estimate N/A
Year Ago Earnings 0.01 Next Fiscal Year Estimate 1.132
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 24 24 25
Mean Estimate 0.05 0.23 0.31 1.13
High Estimates 0.20 0.60 0.63 2.06
Low Estimate -0.09 -0.00 0.07 0.53
Coefficient of Variance 148.88 57.02 43.05 33.74

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 27 28 27
OVERWEIGHT 3 3 4
HOLD 9 8 8
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Buy Overweight

Insider Actions for Draftkings Inc. - DKNG

Date Name Shares Transaction Value
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 59,971 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Alan Ellingson Chief Financial Officer 63,606 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Matthew Kalish See Remarks; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Matthew Kalish See Remarks; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,842,782 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 139,291,922.88
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,846,626 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,838,676 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 139,194,035.84
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,843,342 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,833,693 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 139,075,241.12
Mar 5, 2026 Matthew Kalish See Remarks; Director 5,844,359 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 533,918 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 38,598 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 44,118 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 535,070 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 12,756,068.80
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 535,423 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 534,617 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 12,745,269.28
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 536,804 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 531,806 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $23.84 per share 12,678,255.04
Mar 5, 2026 R. Stanton Dodge Chief Legal Officer 533,917 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Draftkings Inc. in the News

Ladbrokes owner Entain confirms DraftKings offer

Entain Plc on Tuesday confirmed that U.S. fantasy sports betting company DraftKings has made an offer to buy the British gambling firm in a deal that one media report said could be valued at $20 billion.