Financial Statements — DKNG
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Cash & Equivalents | 0.98 | 1.00 | 1.23 | 1.26 | 1.12 | 0.88 | 0.82 | 1.19 | 1.11 | 1.11 | 1.09 | 1.38 | 1.51 | 1.77 |
| Accounts Receivable | 0.08 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.05 | 0.03 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 |
| Total Current Assets | 1.58 | 1.58 | 1.95 | 1.79 | 1.80 | 1.64 | 1.52 | 1.94 | 1.97 | 1.72 | 1.81 | 2.19 | 2.14 | 2.40 |
| Property, Plant & Equipment | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 |
| Goodwill | 1.60 | 1.60 | 1.56 | 1.56 | 1.56 | 1.46 | 1.46 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.62 |
| Intangible Assets | 0.84 | 0.87 | 0.86 | 0.88 | 0.90 | 0.89 | 0.95 | 0.68 | 0.72 | 0.73 | 0.75 | 0.79 | 0.81 | 0.52 |
| Total Non-current Assets* | 2.70 | 2.73 | 2.68 | 2.69 | 2.72 | 2.63 | 2.70 | 1.86 | 1.89 | 1.89 | 1.93 | 2.00 | 2.02 | 1.35 |
| Total Assets | 4.28 | 4.31 | 4.62 | 4.47 | 4.52 | 4.27 | 4.22 | 3.80 | 3.86 | 3.61 | 3.74 | 4.19 | 4.15 | 3.75 |
| Accounts Payable | 0.69 | 0.70 | 0.71 | 0.55 | 0.58 | 0.70 | 0.57 | 0.61 | 0.59 | 0.44 | 0.51 | 0.56 | 0.41 | 0.38 |
| Total Current Liabilities | 1.55 | 1.55 | 1.78 | 1.33 | 1.50 | 1.65 | 1.37 | 1.44 | 1.53 | 1.08 | 1.23 | 1.29 | 0.92 | 0.91 |
| Total Non-current Liabilities* | 2.16 | 2.15 | 2.12 | 2.13 | 2.14 | 1.55 | 1.55 | 1.53 | 1.53 | 1.51 | 1.49 | 1.47 | 1.47 | 1.45 |
| Total Liabilities | 3.71 | 3.70 | 3.89 | 3.46 | 3.64 | 3.20 | 2.92 | 2.97 | 3.06 | 2.59 | 2.72 | 2.76 | 2.39 | 2.36 |
| Retained Earnings | (6.48) | (6.42) | (6.57) | (6.32) | (6.48) | (6.31) | (6.01) | (6.08) | (5.89) | (5.61) | (5.53) | (4.89) | (4.44) | (4.22) |
| Total Stockholder Equity | 0.57 | 0.61 | 0.73 | 1.01 | 0.87 | 1.08 | 1.30 | 0.83 | 0.80 | 1.02 | 1.02 | 1.44 | 1.76 | 1.39 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Total Revenue | 1.44 | 1.65 | 1.99 | 1.14 | 1.51 | 1.41 | 1.39 | 1.10 | 1.10 | 1.17 | 1.23 | 0.79 | 0.87 | 0.77 | 0.86 | 0.50 | 0.47 | 0.42 |
| Cost of Revenue | 0.89 | 0.95 | 1.07 | 0.78 | 0.85 | 0.84 | 0.83 | 0.74 | 0.66 | 0.71 | 0.72 | 0.54 | 0.51 | 0.52 | 0.49 | 0.37 | 0.31 | 0.31 |
| Gross Profit | 0.55 | 0.70 | 0.91 | 0.36 | 0.66 | 0.57 | 0.56 | 0.35 | 0.44 | 0.46 | 0.51 | 0.25 | 0.36 | 0.25 | 0.37 | 0.13 | 0.15 | 0.10 |
| Selling, General & Admin | 0.17 | 0.17 | 0.19 | 0.16 | 0.17 | 0.16 | 0.22 | 0.21 | 0.17 | 0.17 | 0.18 | 0.13 | 0.14 | 0.16 | 0.17 | 0.19 | 0.19 | 0.22 |
| Total Operating Expenses | 0.62 | 0.69 | 0.76 | 0.63 | 0.51 | 0.61 | 0.70 | 0.65 | 0.47 | 0.60 | 0.56 | 0.53 | 0.43 | 0.64 | 0.60 | 0.58 | 0.46 | 0.62 |
| Operating Income | (0.07) | 0.01 | 0.15 | (0.27) | 0.15 | (0.05) | (0.14) | (0.30) | (0.03) | (0.14) | (0.04) | (0.29) | (0.07) | (0.39) | (0.23) | (0.46) | (0.31) | (0.52) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Pretax Income | (0.07) | 0.02 | 0.15 | (0.27) | 0.17 | (0.04) | (0.15) | (0.29) | (0.01) | (0.14) | (0.04) | (0.28) | (0.08) | (0.40) | (0.23) | (0.45) | (0.30) | (0.46) |
| Tax Provision | -0.00 | 0.01 | 0.01 | (0.01) | 0.01 | (0.01) | (0.01) | -0.00 | (0.07) | -0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | (0.08) | 0.00 |
| Net Income | (0.07) | 0.02 | 0.14 | (0.26) | 0.16 | (0.03) | (0.13) | (0.29) | 0.06 | (0.14) | (0.04) | (0.28) | (0.08) | (0.40) | (0.24) | (0.45) | (0.22) | (0.47) |
| Basic EPS | (0.14) | 0.04 | 0.28 | (0.52) | 0.32 | (0.07) | (0.28) | (0.60) | 0.13 | (0.30) | (0.08) | (0.61) | (0.17) | (0.87) | (0.52) | (1.00) | (0.50) | (1.14) |
| Diluted EPS | (0.14) | 0.03 | 0.28 | (0.52) | 0.30 | (0.07) | (0.25) | (0.60) | 0.10 | (0.30) | (0.08) | (0.61) | (0.17) | (0.87) | (0.52) | (1.00) | (0.50) | (1.14) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Operating Cash Flow | 111.44 | (48.44) | 320.47 | 287.48 | 173.92 | (119.02) | 325.19 | 133.58 | 29.39 | (70.39) | 72.07 | 145.40 | (17.72) | (201.49) | (148.46) | 52.24 | (172.58) | (356.72) |
| Capital Expenditures | 4.59 | 7.09 | 3.96 | 4.43 | 4.32 | 2.65 | 2.03 | 2.70 | 2.42 | 3.03 | 1.02 | 10.24 | 2.56 | 7.09 | 12.50 | 5.45 | 5.84 | 8.61 |
| Free Cash Flow* | 106.85 | (55.52) | 316.52 | 283.04 | 169.61 | (121.66) | 323.16 | 130.88 | 26.97 | (73.42) | 71.05 | 135.16 | (20.28) | (208.59) | (160.96) | 46.80 | (178.43) | (365.33) |
| Investing Cash Flow | (45.23) | (48.21) | (49.89) | (41.83) | (35.26) | (39.02) | (78.42) | (31.65) | (417.33) | (39.20) | (23.44) | (39.97) | 0.61 | (27.56) | (36.83) | (24.46) | (124.40) | (23.06) |
| Financing Cash Flow | (65.52) | (121.13) | (374.18) | (101.41) | (119.69) | 372.82 | (73.09) | (18.90) | (21.83) | (30.64) | (12.71) | (12.66) | (12.68) | (25.17) | 0.11 | (4.31) | (0.22) | (12.31) |
* Derived from reported values
