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DraftKings Inc. DKNG Debt Issuance Proceeds

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Other financials

Income statement

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Revenue$1.4B-4.6%
Gross profit$551.5M-16.2%
Operating income-$68.2M-145%
Net income-$67.6M-143%
EPS (diluted)-$0.14-147%

Balance sheet

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Cash & equivalents$1.4B-11.3%
Total debt$661.5M+0.5%
Total equity$569.4M-43.6%
Total assets$4.3B-4.4%

Cash flow

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Operating cash flow$111.4M-35.9%
CapEx$4.6M+6.3%
Free cash flow$106.9M-37.0%

Valuation

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Market cap$10.8B-52.0%
Enterprise value$10.07B-53.4%
P/S1.7×-2.4×

Profitability

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Gross margin40.5%+1.1pp
Operating margin-5.6%-1.9pp
Net margin-2.7%-0.9pp
FCF margin10.5%+1.2pp

Returns & leverage

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Return on equity-21.1%-3.5pp
Debt / equity1.2×+0.5×
Current ratio-0.3×

Where this comes from

Reported directly by DraftKings Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfLongTermDebt.

The source filing: DraftKings Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 7:02 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001883685-26-000029
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other investing activities(4,717)(4,667)
Net cash flows provided by (used in) investing activities$(93,444)$(74,278)
Cash Flows from Financing Activities:
Proceeds from Term B Loan, net$588,116
Repayment of Term B Loan principal(3,000)(1,500)
Purchase of treasury stock for RSU withholding(43,480)(101,852)
Purchase of treasury stock under Stock Repurchase Program(154,218)(242,741)
Proceeds from exercise of stock options4,0676,304

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s debt issuance proceeds?
DraftKings Inc. (DKNG) reported debt issuance proceeds of $0 in Q2 2026.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

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