DraftKings Inc.DKNG
What DraftKings Inc. does.
We are a digital sports entertainment and gaming company. We provide users with online and retail sports betting (together, “Sportsbook”), online casino (“iGaming”), daily fantasy sports (“DFS”), digital lottery courier, prediction markets and other product offerings.
Our mission is to make life more exciting by responsibly creating the world’s favorite real-money games, betting experiences and event contracts trading. We accomplish this by creating an environment where our users can find enjoyment and fulfillment through Sportsbook, iGaming, DFS, digital lottery courier and prediction markets as well as other product offerings. We are also highly focused on our responsibility as a steward of this new era in real-money gaming. Our ethics guide our decision making, with respect to both the tradition and integrity of sports and our investments in regulatory compliance and consumer protection.
We continue to make deliberate and substantial investments in support of our mission and long-term growth. For example, we have invested in our product offerings and technology in order to continuously launch new product innovations; improve marketing, merchandising and operational efficiency through data science; and deliver a great user experience. We also make significant investments in sales and marketing and incentives to grow, retain, and monetize our paid user base, including personalized cross-product offers and promotions, and promote brand awareness to attract the “skin-in-the-game” sports fan. Together, these investments have enabled us to create a leading product built on scalable technology, while attracting a user base that has resulted in the rapid growth of our business.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $614.5M | $1.3B | $2.2B | $3.7B | $4.8B | $6.1B |
| Net income | -$1.2B | -$1.5B | -$1.4B | -$802.1M | -$507.3M | $3.7M |
| Free cash flow | -$205.9M | -$435.4M | -$657.9M | -$22.7M | $407.6M | $647.5M |
More on DKNG.
- DraftKings Inc. summary
- DraftKings Inc. financial statements
- DraftKings Inc. key metrics
- DraftKings Inc. health scores and style box
- DraftKings Inc. earnings
- DraftKings Inc. dividends
- DraftKings Inc. valuation
- DraftKings Inc. ownership and insiders
- DraftKings Inc. peers
Figures from DraftKings Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.