# DraftKings Inc.: overview

DKNG · Nasdaq · CIK 1883685 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/dkng.md) · [Financials](/companies/dkng/financials.md) · [Filings](/companies/dkng/filings.md) · [Insiders](/companies/dkng/insiders.md)

Latest reported revenue: [$1.44bn](/filings/0001883685-26-000029.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001883685-26-000029).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,095](/filings/0001883685-25-000038.md) | [1,393 d](/filings/0001883685-26-000013.md) | [1,409](/filings/0001883685-26-000020.md) | [1,513](/filings/0001883685-26-000029.md) | [1,144](/filings/0001883685-25-000038.md) | [1,989 d](/filings/0001883685-26-000013.md) | [1,646](/filings/0001883685-26-000020.md) | [1,443](/filings/0001883685-26-000029.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(27.3%)](/filings/0001883685-25-000038.md) | [(10.0%) d](/filings/0001883685-26-000013.md) | [(3.3%)](/filings/0001883685-26-000020.md) | [10.0%](/filings/0001883685-26-000029.md) | [(23.8%)](/filings/0001883685-25-000038.md) | [7.6% d](/filings/0001883685-26-000013.md) | [0.4%](/filings/0001883685-26-000020.md) | [(4.7%)](/filings/0001883685-26-000029.md) |
| Net margin | % | [(26.8%)](/filings/0001883685-25-000038.md) | [(9.7%) d](/filings/0001883685-26-000013.md) | [(2.4%)](/filings/0001883685-26-000029.md) | [10.4%](/filings/0001883685-26-000029.md) | [(22.4%)](/filings/0001883685-25-000038.md) | [6.9% d](/filings/0001883685-26-000013.md) | [1.3%](/filings/0001883685-26-000029.md) | [(4.7%)](/filings/0001883685-26-000029.md) |
| Diluted EPS | $ per share | [(0.60)](/filings/0001883685-25-000038.md) | not reported | [(0.07)](/filings/0001883685-26-000020.md) | [0.30](/filings/0001883685-26-000029.md) | [(0.52)](/filings/0001883685-25-000038.md) | not reported | [0.03](/filings/0001883685-26-000020.md) | [(0.14)](/filings/0001883685-26-000029.md) |
| Free cash flow | $m | [131 d](/filings/0001883685-25-000038.md) | [323 d](/filings/0001883685-26-000013.md) | [(122)](/filings/0001883685-26-000020.md) | [170 d](/filings/0001883685-26-000029.md) | [283 d](/filings/0001883685-25-000038.md) | [317 d](/filings/0001883685-26-000013.md) | [(55.5)](/filings/0001883685-26-000020.md) | [107 d](/filings/0001883685-26-000029.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,296](/filings/0001883685-24-000010.md) | [2,240](/filings/0001883685-25-000010.md) | [3,665](/filings/0001883685-26-000013.md) | [4,768](/filings/0001883685-26-000013.md) | [6,055](/filings/0001883685-26-000013.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(120.5%)](/filings/0001883685-24-000010.md) | [(67.5%)](/filings/0001883685-25-000010.md) | [(21.5%)](/filings/0001883685-26-000013.md) | [(12.8%)](/filings/0001883685-26-000013.md) | [(0.3%)](/filings/0001883685-26-000013.md) |
| Net margin | % | [(117.5%)](/filings/0001883685-24-000010.md) | [(61.5%)](/filings/0001883685-25-000010.md) | [(21.9%)](/filings/0001883685-26-000013.md) | [(10.6%)](/filings/0001883685-26-000013.md) | [0.1%](/filings/0001883685-26-000013.md) |
| Diluted EPS | $ per share | [(3.78)](/filings/0001883685-24-000010.md) | [(3.16)](/filings/0001883685-25-000010.md) | [(1.73)](/filings/0001883685-26-000013.md) | [(1.05)](/filings/0001883685-26-000013.md) | [(0.01)](/filings/0001883685-26-000013.md) |
| Free cash flow | $m | [(435)](/filings/0001883685-24-000010.md) | [(658)](/filings/0001883685-25-000010.md) | [(22.7)](/filings/0001883685-26-000013.md) | [408](/filings/0001883685-26-000013.md) | [648](/filings/0001883685-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/dkng/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [CIBC Bancorp USA Inc.](/funds/1711924.md) | 2026-06-30 | $942.6m | 37,316,338 |  | Added +25,080,126 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $749.4m | 29,668,081 |  | Added +6,815,596 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $638.4m | 25,274,243 |  | Not compared |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $626.4m | 24,798,304 |  | Added +86,351 |
| [JANUS HENDERSON GROUP PLC](/funds/1274173.md) | 2026-03-31 | $588.3m | 27,665,699 |  | Not compared |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $579.9m | 22,955,769 |  | Reduced −3,644,049 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $545.0m | 21,574,923 |  | Added +254,325 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $484.8m | 19,194,063 |  | Added +600,291 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $299.3m | 11,848,138 |  | New +11,848,138 |
| [SPRUCE HOUSE INVESTMENT MANAGEMENT LLC](/funds/1543170.md) | 2026-06-30 | $243.8m | 9,650,000 |  | Unchanged |

## Recent filings

[All 837 filings](/companies/dkng/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-25 | 16:07 ET | [8-K](/filings/0001883685-26-000034.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001883685-26-000034 |
| 2026-08-25 | 16:19 ET | [8-K](/filings/0001104659-26-100812.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-100812 |
| 2026-08-07 | 07:02 ET | [10-Q](/filings/0001883685-26-000029.md) | Quarterly report, period 2026-06-30 | 0001883685-26-000029 |
| 2026-08-07 | 06:43 ET | [8-K](/filings/0001883685-26-000027.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001883685-26-000027 |
| 2026-06-26 | 16:15 ET | [8-K](/filings/0001104659-26-078269.md) | 7.01 Regulation FD disclosure | 0001104659-26-078269 |
| 2026-06-09 | 07:00 ET | [8-K](/filings/0001104659-26-071581.md) | 7.01 Regulation FD disclosure | 0001104659-26-071581 |
| 2026-05-29 | 16:15 ET | [8-K](/filings/0001104659-26-068267.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-068267 |
| 2026-05-15 | 16:15 ET | [8-K](/filings/0001104659-26-062556.md) | 5.07 Shareholder vote results | 0001104659-26-062556 |
| 2026-05-08 | 07:01 ET | [10-Q](/filings/0001883685-26-000020.md) | Quarterly report, period 2026-03-31 | 0001883685-26-000020 |
| 2026-05-08 | 06:56 ET | [8-K](/filings/0001883685-26-000019.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001883685-26-000019 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001883685-26-000013.md), filed Feb 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/45046928-84fb-4dd6-96de-2692ca0b31fc)

## About the filer

- CIK: 1883685
- Tickers: DKNG
- Exchange: Nasdaq
- SIC code: 7990 Services-Miscellaneous Amusement & Recreation
- State of incorporation: NV
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:27 ET. No prices; not investment advice.