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DKNG US​

DraftKings Inc. Class A(DKNG US)

$20.91-0.030.14%Ext:$20.65-0.261.22%(Market Closed · 23:55:43 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

DraftKings Inc. Class A — Company Profile

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Exchange
UQ
CEO
Jason D. Robins
Headquarters
Boston, MA, US
IPO Date
Jul 25, 2019
Employees
5,500
Website
www.draftkings.com

Key Metrics

Price
$18.59
Market Cap
$9.22B
Revenue (TTM)
$1.65B
Net Income (TTM)
$21.07M
EPS (TTM)
0.04
P/E (TTM)
157.27
P/B (TTM)
15.24
Dividend Yield
0.00%
ROE (TTM)
3.48%
ROA (TTM)
0.49%
Operating Margin
0.36%
Beta
0.79

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Website
www.draftkings.com
Location
Boston, MA, US
Phone617 986 6744
Employees5,500
CEOJason D. Robins
IPO DateJul 25, 2019

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Latest Documents

SEC Filings(839)

Expand
  • 4Dodge R Stanton2 Oct
  • 8-KChanges in Registrant's Certifying Accountant25 Sep
  • 4Statement of changes in beneficial ownership15 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 8-KEntry into a Material Definitive Agreement25 Aug
  • 4Statement of changes in beneficial ownership20 Aug
  • 144Moore Jocelyn19 Aug
  • SC 13GDraftKings Inc.14 Aug
  • 4Statement of changes in beneficial ownership14 Aug
  • SC 13GDraftKings Inc.13 Aug
  • SC 13GDraftKings Inc.13 Aug
  • 10-QQ2ended 30 Jun 20267 Aug
  • 8-KResults of Operations and Financial Condition7 Aug
  • 4Statement of changes in beneficial ownership6 Aug
  • 4Statement of changes in beneficial ownership6 Aug
  • 4Statement of changes in beneficial ownership6 Aug

News

  • DraftKings CEO Says Prediction Markets Create a Win-Win Growth Path22 Oct
  • DraftKings (DKNG) Gains As Market Dips: What You Should Know22 Oct
  • DraftKings Inc. (DKNG) Presents at NEXTPredict Summit NYC 2026 Transcript22 Oct
  • DraftKings to Release Third Quarter 2026 Results on November 5, 2026 and Host Conference Call on November 6, 202621 Oct
  • DraftKings Announces Jason Robins' Participation at NEXTPredict 202619 Oct
  • DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It19 Oct
  • DraftKings (DKNG) Exceeds Market Returns: Some Facts to Consider15 Oct
  • DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce?15 Oct
  • DraftKings faces earnings pressure as prediction market spending rises, Jefferies says15 Oct
  • DraftKings Stock Down 22% in a Month: Buy the Dip or Avoid?15 Oct
  • Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet15 Oct
  • DraftKings (DKNG) Suffers a Larger Drop Than the General Market: Key Insights14 Oct
  • Dave Ramsey Says Online Sportsbooks Are Ruining Gen Z Finances Faster Than Anything in 30 Years13 Oct
  • Can DraftKings' Super App Unlock Growth Beyond Sportsbook States?12 Oct
  • Did Promo Spending Actually Win Back Bettors for These 3 Gambling Stocks?12 Oct
  • DraftKings Is Down 19% in a Month: Did Bank of America Just Call the Bottom?8 Oct
  • ‘How Dare You Take Borrowed Money and Go Gambling With It’: Ramsey Show Host to Detroit Mom Whose Fiancé Hid $20K Debt and Secret Online Betting Habit8 Oct
  • DraftKings (DKNG) Suffers a Larger Drop Than the General Market: Key Insights7 Oct
  • DKNG iGaming Shows Signs of Recovery: Is a Turnaround Near?7 Oct
  • Gaming and Leisure Properties: A Freefall Worth Buying, Richer Dividend And Upside Story7 Oct

Mentions in Filings

  • The Company competes against similar products of many large and small companies, including well-known global competitors such as <strong>DraftKings</strong>, FanDuel, PrizePicks, Underdog. Kalshi, Polymarket and several other startup gaming companies. Certain competitors may have more established relationships and greater financial resources and may use their resources against the Company in a variety of competitive ways, including by acquisitions of companies an …
    WINNERS, INC.DraftKings Inc. Class A·PART II AND III - 1-A POS - Post-qualification amendment (Reg A)·Q4 26·22 Oct
  • … estment Strategist. Ms. Mosley also served as Chief Investment Officer at PG Corbin Asset Management from 1990-1992 and worked in institutional corporate bond sales at Kidder Peabody from 1986-1990. She is a Director of <strong>DraftKings</strong>, Inc., a digital sports entertainment and gaming company. In addition, she is also a board member of Caribou Financial, Inc., an auto loan refinancing company. Ms. Mosley previously served as a Director of Dynex Capital …
    Eaton Vance Senior Income TrustDraftKings Inc. Class A·DEF 14A - Definitive proxy statement·09 Oct·9 Oct
  • … vide meaningful enhancements to connectivity. •Completed rollout of Delta Concierge, our AI-powered digital assistant, to all SkyMiles members. •Expanded Delta Sync experiences and offers through new partnerships with <strong>DraftKings</strong> and Sport 24. •Announced a reimagined Delta One wine program featuring a curated selection of wines from Napa Valley and destinations across Delta's global network, supported by Delta's Sky Sommelier program. Environm …
    DELTA AIR LINES, INC.DraftKings Inc. Class A·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·9 Oct
  • … ft King Air, and Cessna turboprop aircraft. Butler National-Tempe designs and manufactures robust electronic controls and cabling. The Professional Services segment includes the management of a gaming, dining and entertainment facility in Dodge City, Kansas. Boot Hill Casino and Resort features approximately 500 slot machines, 15 table games and a <strong>DraftKings</strong> branded sportsbook. See our website: www.butlernational.com Forward-Looking Information
    BUTLER NATIONAL CORPDraftKings Inc. Class A·EX-99.1 - 8-K - Regulation FD Disclosure·Q2 27·7 Oct
  • … their businesses. Trusted by the world’s leading global sports organizations including the ATP, NBA and WNBA, NHL, MLB, MLS, PGA TOUR, UEFA, FIFA, CONMEBOL, AFC, and the Bundesliga, and global clients including Flutter, <strong>DraftKings</strong>, Google, Microsoft, Kalshi and Polymarket, Sportradar covers more than a million events annually across all major sports. Sportradar is not just redefining the sports fan experience, it also safeguards sports through it …
    Sportradar Group AGDraftKings Inc. Class A·EX-99.1 - 6-K - EXHIBIT 99.1·Q4 26·7 Oct
  • … . It was kind of a mystery to me in the beginning. Yeah, frankly, IPOs were a bit of a mystery to me. I've only been a civilian for three years, but but it's going to be a fantastic partnership. They've they've had some great experiences. <strong>DraftKings</strong>, Lionsgate, those are some of the SPACs they did. Obviously, very different industries than the defense tech space that we're in, but we're very confident in this partnership. 2 ***John Jannarone***
    Bold Eagle Acquisition Corp.DraftKings Inc. Class A·425 - Business combination communication·Q4 26·6 Oct

Key Stats

Trading

Px/Chg 1D$18.59 / -3.93%
Avg Volume13.28M
Beta0.79
Mkt Cap9.22B
FD Mkt Cap12.53B

Float

Shrs Out/Float496.13M / 476.53M
Short Float0.09%
Days to Cover3.45
Stock Repurchased$122.94M

Current Valuation

EV10.14B
EV/EBITDA25.25
EV/Sales1.61
P/B15.24
P/S1.47
FCF Yield-0.60%
ROE3.48%
ROA0.49%
Current Ratio1.02

Estimates

P/E157.27
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings94.59-6.75-24.82-33.5890.07448.05
Price / Sales5.014.155.433.576.185.74
Price / Book Value16.537.0323.6916.8619.4615.60
Price / Free Cash Flow-55.01-12.76-172.8941.8038.82-170.03
ENTERPRISE VALUE METRICS
Enterprise Value13,971.99,317.619,981.217,583.912,617.710,358.9
Enterprise Value / Sales5.194.165.453.696.346.29
Enterprise Value / EBITDA14.34-7.33-34.06-55.0657.20110.96
Enterprise Value / EBIT100.37-6.47-25.34-29.7986.08477.37

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue47%1,296.02,240.53,665.44,767.76,054.5
Gross Income49.4%501.9756.21,373.21,817.12,497.6
EBITDA—-1,394.4-1,271.1-586.7-319.3303.4
EBIT—-1,515.5-1,440.3-788.6-590.227.9
Net Income—-1,523.2-1,378.0-802.1-507.33.7
EPS (Diluted)-78.5%-3.79-3.15-1.73-1.05-0.01
BALANCE SHEET
Cash & ST Inv-7.1%2,152.91,309.21,270.5788.31,604.6
Total Assets2.7%4,069.14,040.23,944.94,283.74,530.8
Total Liabilities13%2,390.52,717.53,104.63,273.13,899.3
Total Shareholder Equity-21.7%1,678.51,322.7840.31,010.6631.5
CASH FLOW
Net Operating Cash Flow—-419.5-625.5-1.8417.8662.9
Cap Ex-37.1%-98.3-103.6-113.4-10.2-15.4
Free Cash Flow—-517.8-729.2-115.1407.6647.5

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)20.91
Basic Shares496.13
Market Cap10,374.1
Diluted Shares532.00
Fully Diluted Shares Outstanding532.00
Fully Diluted Market Cap11,124.1
+Consolidated Debt1,917.9
−In-the-Money Convertible Debt—
+Capital Leases71.6
+Operating Leases—
−Cash & Equivalents-999.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value11,292.5

Segment data

Revenue

by Products and services

  • Product And Service, Other100%

Revenue

by Geography

  • United States97%
  • Non-us3%

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