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DraftKings Inc. DKNG Equity Method Investments

Equity Method Investments at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
$660.36M+67.7%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$6M-14.3%

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:EquityMethodInvestments.

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 equity method investments?
DraftKings Inc. (DKNG) reported equity method investments of $26.15M in Q1 2026.
How has DraftKings Inc.'s equity method investments changed year-over-year?
DraftKings Inc.'s equity method investments increased by 98.8% year-over-year, from $13.16M to $26.15M.
What is the long-term trend for DraftKings Inc.'s equity method investments?
Over 4 years (2021 to 2025), DraftKings Inc.'s equity method investments has grown at a 17.8% compound annual growth rate (CAGR), from $9.83M to $18.94M.
What does equity method investments mean?
The value of the company's minority ownership stakes in other businesses where it has significant influence.
How do you interpret equity method investments?
An increase suggests expansion through strategic partnerships, while a decrease may indicate divestment or impairment of these interests.
How does equity method investments compare across companies?
Common in companies with complex ecosystems or joint ventures; peers often report this as a line item within non-current assets.