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DraftKings Inc. DKNG Liabilities to users

Liabilities to users at other companies

Flutter Entertainment logo
Flutter EntertainmentFLUT
$1.86B+1.7%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$20M+114%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$20M+114%
MGM Resorts International logo
MGM Resorts InternationalMGM
$238.72M+4.3%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
$41.5B+0.7%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$1.92B+6.5%

Other financials

Income statement

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Revenue$1.6B+16.8%
Gross profit$696.7M+23.3%
Operating income$5.8M+113%
Net income$21.1M+162%
EPS (diluted)$0.03+143%

Balance sheet

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Cash & equivalents$1.4B-10.2%
Total debt$664.0M-0.6%
Total equity$605.0M-30.7%
Total assets$4.3B-4.6%

Cash flow

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Operating cash flow-$48.4M+59.3%
CapEx$7.1M+168%
Free cash flow-$55.5M+54.4%

Valuation

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Market cap$13.09B-35.4%
Enterprise value$12.37B-36.4%
P/E223.3×
P/S2.1×-2.0×

Profitability

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Gross margin41.8%+3.5pp
Operating margin-5.6%-1.9pp
Net margin0.9%+0.5pp
FCF margin11.3%+4.2pp

Returns & leverage

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Return on equity7.9%+4.3pp
Debt / equity1.1×+0.3×
Current ratio-0.2×

Where this comes from

Reported directly by DraftKings Inc. in its filing.

Tagged under the XBRL concept dkng:LiabilitiesToUsersCurrent.

The official record: DraftKings Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DraftKings Inc.'s liabilities to users?
DraftKings Inc. (DKNG) reported liabilities to users of $811.63M in Q1 2026.
How has DraftKings Inc.'s liabilities to users changed year-over-year?
DraftKings Inc.'s liabilities to users decreased by 6.0% year-over-year, from $863.06M to $811.63M.
What is the long-term trend for DraftKings Inc.'s liabilities to users?
Over 4 years (2021 to 2025), DraftKings Inc.'s liabilities to users has grown at a 15.3% compound annual growth rate (CAGR), from $528.87M to $935M.
What does liabilities to users mean?
The total amount of money held in customer accounts that the company is obligated to pay back.
How do you interpret liabilities to users?
Higher balances indicate strong user engagement and platform deposits, but also represent a significant liquidity obligation that must be managed.
How does liabilities to users compare across companies?
Specific to gaming and fintech platforms; peers in the betting industry report this as a primary indicator of customer funds held.