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DraftKings Inc. DKNG United States — Revenue

Discontinued — last reported Q4 '25

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: DraftKings Inc.’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DraftKings Inc.'s united states — revenue?
DraftKings Inc. (DKNG) reported united states — revenue of $1.47B in Q4 2025.
How has DraftKings Inc.'s united states — revenue changed year-over-year?
DraftKings Inc.'s united states — revenue increased by 26.8% year-over-year, from $1.16B to $1.47B.
What is the long-term trend for DraftKings Inc.'s united states — revenue?
Over 4 years (2021 to 2025), DraftKings Inc.'s united states — revenue has grown at a 48.9% compound annual growth rate (CAGR), from $1.2B to $5.9B.
What does united states — revenue mean?
The total amount of money earned from gambling operations within the United States.
How do you interpret united states — revenue?
An increase indicates successful user acquisition, higher engagement, or expansion into new states, while a decrease may signal increased competition or regulatory headwinds.
How does united states — revenue compare across companies?
Peers in the online gaming and sports betting industry report similar geographic revenue splits to demonstrate regional market penetration and regulatory success.