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DraftKings Inc. DKNG Reportable Segment — Product and technology expenses

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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:AdjustedProductAndTechnologyExpense.

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 reportable segment — product and technology expenses?
DraftKings Inc. (DKNG) reported reportable segment — product and technology expenses of $97.62M in Q1 2026.
How has DraftKings Inc.'s reportable segment — product and technology expenses changed year-over-year?
DraftKings Inc.'s reportable segment — product and technology expenses increased by 11.6% year-over-year, from $87.45M to $97.62M.
What is the long-term trend for DraftKings Inc.'s reportable segment — product and technology expenses?
Over 3 years (2022 to 2025), DraftKings Inc.'s reportable segment — product and technology expenses has grown at a 19.9% compound annual growth rate (CAGR), from $214.82M to $370.26M.
What does reportable segment — product and technology expenses mean?
Spending on software development, engineering, and platform innovation.
How do you interpret reportable segment — product and technology expenses?
An increase typically signals a commitment to product innovation, feature expansion, or technical debt reduction.
How does reportable segment — product and technology expenses compare across companies?
Similar to 'Research and Development' or 'Product Development' expenses in technology-focused companies.