10x Insights
Loading account…
Companies / Consumer Discretionary / DraftKings Inc.
DKNG

DraftKings Inc.

Consumer DiscretionaryServices
Ticker DKNGBOSTON, MAFiscal year ends DecemberBook value per share $1.15Diluted shares 495.2M

DraftKings Inc. (NASDAQ: DKNG) operates as a digital sports entertainment and gaming company providing users with online and retail sports betting, online casino gaming, daily fantasy sports, digital lottery courier services, and prediction markets through its website at www.DraftKings.com. The company generates… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$6.05B
+27.0% year over year
Last 12 mo $6.22B
-0.26%
+12.5 percentage points
Last 12 mo -2.93%
$3.71M
+100.7% year over year
Last 12 mo $-166.90M
0.59%
+50.8 percentage points
Last 12 mo -29.31%
Cash & financing
$662.86M
+58.7% year over year
Last 12 mo $670.95M
$516.35M
+65.6% year over year
Last 12 mo $505.09M
2.91
Was 1.24× a year earlier
Last 12 mo 3.22
495.9M
+2.6% year over year
Last 12 mo 495.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What DraftKings Inc. does

In the company’s own words

DraftKings Inc. (NASDAQ: DKNG) operates as a digital sports entertainment and gaming company providing users with online and retail sports betting, online casino gaming, daily fantasy sports, digital lottery courier services, and prediction markets through its website at www.DraftKings.com. The company generates revenue predominantly through two primary product offerings: Sportsbook and iGaming, which together accounted for 93 percent of revenues in the most recent fiscal year.

The Sportsbook product engages consumers in their sports viewing experience by allowing users to place bets on sporting events at fixed odds, with revenue generated through the difference between settled handle and payouts. The iGaming offering provides online casino games including blackjack, roulette, baccarat, and slot machines, generating revenue through hold similar to land-based casinos. DraftKings also operates Daily Fantasy Sports contests where users compete against each other for prize money, a digital lottery courier service facilitating official state lottery ticket purchases, and prediction markets allowing customers to trade on real-world outcomes across sports and financial markets.

The company maintains strategic relationships with major sports leagues, professional teams, and media companies including ESPN, NBC, and Amazon. DraftKings distributes its product offerings through traditional websites and mobile applications available on the Apple App Store and Google Play Store. The company operates under multiple brand names including DraftKings, Golden Nugget Online Gaming, and Jackpocket.

As of the most recent fiscal year, DraftKings employed over 5,500 people across thirteen countries and operated in 27 U.S. states plus the District of Columbia, Puerto Rico, and the Canadian province of Ontario. The company generated revenue of approximately 6.1 billion dollars with average monthly unique payers of 4.0 million and Sportsbook handle of 53.6 billion dollars. DraftKings' technology platform features integrated account management, proprietary data science and machine learning capabilities, and customizable regulatory compliance systems designed to enable seamless navigation across product offerings while maintaining jurisdiction-specific compliance requirements.

Company details
Sector
Consumer Discretionary
Industry
Services
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1883685
SIC
7990

Financial performance, year by year

Fiscal 2019–2025 · USD
$-2.30B$25.95M$2.35B$4.67B$7.00B2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns DraftKings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

330
funds hold it
0 of 35
superinvestors hold it
$3.89B
held by funds, at market
31.5%
of shares held by funds

Largest fund holders · DraftKings Inc.’s weight in each

Janus Henderson Forty Fund
JDCAX · Janus Investment Fund
2.24%of fund net assets
0.13%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.34%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do DraftKings Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of DraftKings Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in DraftKings Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.