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DraftKings Inc. DKNG Reportable Segment — Sales and marketing expenses

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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 dkng:AdjustedSellingAndMarketingExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Less:
Cost of revenue: Gaming taxes519,646501,9291,089,177985,332
Cost of revenue: Other (1)296,816291,736610,012586,345
Adjusted sales and marketing expenses (2)310,970222,898702,452556,096
Adjusted product and technology expenses (2)100,09087,556197,707175,009
Adjusted general and administrative expenses (2)101,116107,744207,514215,257
Depreciation and amortization80,34265,299152,003135,415
Interest (income) expense, net7,434(665)13,173(5,060)

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s reportable segment — sales and marketing expenses?
DraftKings Inc. (DKNG) reported reportable segment — sales and marketing expenses of $310.97M in Q2 2026.
How has DraftKings Inc.'s reportable segment — sales and marketing expenses changed year-over-year?
DraftKings Inc.'s reportable segment — sales and marketing expenses increased by 39.5% year-over-year, from $222.9M to $310.97M.
What is the long-term trend for DraftKings Inc.'s reportable segment — sales and marketing expenses?
Over 3 years (2022 to 2025), DraftKings Inc.'s reportable segment — sales and marketing expenses has grown at a 5.8% compound annual growth rate (CAGR), from $1.13B to $1.34B.
What does reportable segment — sales and marketing expenses mean?
Reflects the investment in customer acquisition, including promotional bonuses, advertising campaigns, and affiliate marketing programs. This is a critical driver of market share growth in the highly competitive online gambling industry.

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