DraftKings Inc. — DKNG

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$24.49$12.15B272.114.343.6%8.1%-20.1

Latest Headlines

Revenue & Net Income

Revenue & Net Income
Date Revenue Net_Income EPS Last_Updated Revenue_Change Net_Income_Change EPS_Change
0 2020-12-31 $615M $-1,232M $-4.03 2024-02-03 03:17:10 N/A N/A N/A
1 2021-12-31 $1,296M $-1,523M $-3.78 2026-02-16 08:40:04 110.9% 23.7% -6.2%
2 2022-12-31 $2,240M $-1,378M $-3.16 2026-05-29 09:07:42 72.9% -9.5% -16.4%
3 2023-12-31 $3,665M $-802M $-1.73 2026-05-29 09:07:42 63.6% -41.8% -45.3%
4 2024-12-31 $4,768M $-507M $-1.05 2026-05-29 09:07:42 30.1% -36.8% -39.3%
5 2025-12-31 $6,055M $4M $-0.01 2026-05-29 09:07:42 27.0% -100.7% -99.0%
6 TTM 2026-03-31 $6,292M $59M $0.09 2026-05-19 09:06:56 3.9% 1480.7% -1000.0%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

DKNG Year-over-Year Growth

  2020 2021 2022 2023 2024 2025 2026 2027 Average
Revenue Growth (%) 110.9% 72.9% 63.6% 30.1% 27.0% 12.4% 12.9% 47.1%
Revenue Analysts (#) 0 0 0 0 0 0 34 32
EPS Growth (%) 23.7% -9.5% -41.8% -36.8% -100.7% 14254.7% 59.5% 2021.3%
EPS Analysts (#) 0 0 0 0 0 0 15 16

Forward Estimate History

How the next-FY EPS and revenue estimates have drifted over time. One line per fiscal year – past lines end when that FY became current.

Forward EPS projection history by FY Forward revenue projection history by FY

Expenses

Revenue vs Expenses
Year Revenue ($) Cost of Revenue ($) R&D ($) Sales & Marketing ($) G&A ($) SG&A ($) Facilities / D&A ($)
2022 $2.2B $1.3B $318.2M $1.2B $763.7M $1.9B $169.3M
2023 $3.7B $2.1B $355.2M $1.2B $606.6M $1.8B $201.9M
2024 $4.8B $2.7B $397.1M $1.3B $764.1M $2.0B $270.9M
2025 $6.1B $3.3B $459.9M $1.4B $673.6M $2.1B $275.5M
TTM $6.3B $3.4B $479.8M $1.4B $675.1M $2.1B $277.0M
Expenses % of Revenue
Year Revenue Change (%) Cost of Revenue Change (%) R&D Change (%) Sales & Marketing Change (%) G&A Change (%) SG&A Change (%) Facilities / D&A Change (%)
2023 63.60 58.95 11.60 1.24 -20.58 -7.30 19.30
2024 30.07 28.20 11.81 5.35 25.97 12.27 34.14
2025 26.99 22.46 15.81 9.09 -11.84 1.21 1.71
TTM 3.92 3.17 4.33 4.21 0.23 2.90 0.56
No unmapped expenses.

Segment Performance

axis1_DKNG_Sportsbook.png axis1_DKNG_I_Gaming.png axis1_DKNG_Product_And_Service_Other.png axis1_DKNG_Product_And_Service_Other_Interest_Income.png
SEGMENTS v2025-09-09 · 2026-05-29 09:07 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
Year Sportsbook Rev I Gaming Rev Product And Service Other Rev Product And Service Other Interest Income Rev Total Rev
2023 2.11B 1.22B 0.34B 3.67B
2024 2.90B 1.51B 0.36B 4.77B
2025 3.83B 1.80B 0.42B 0.03B 6.08B
TTM 8.71B 4.20B 0.97B 13.9B
% of Total (TTM) 62.7% 30.2% 7.0% 100%

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $4,308M
1 Cash $999M
2 Total Liabilities $3,702M
3 Total Debt $1,918M
4 Total Equity $605M
5 Debt to Equity Ratio 3.17

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$24.49 4.5% Nicks Growth: 20%
Nick's Expected Margin: 10%
Nicks: 42
Finviz: 6
Nick's: 4.242 1.9 272.1
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$0.09 EPS TTM $3.82 -84.4% $0.57 -97.7%
$1.07 EPS 2026 $45.54 85.9% $6.81 -72.2%
$1.71 EPS 2027 $72.62 196.5% $10.85 -55.7%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 43.95% 17.59% 44.01% 22.12% 0.32% 8.82% 43.62% 8.12% 20.0% 26.6%
3 Years 43.95% 17.59% 44.01% 22.12% 0.32% 8.82% 43.62% 8.12% 20.0% 26.6%
5 Years 43.95% 17.59% 44.01% 22.12% 0.32% 8.82% 43.62% 8.12% 20.0% 26.6%
10 Years 43.95% 17.59% 44.01% 22.12% 0.32% 8.82% 43.62% 8.12% 20.0% 26.6%

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