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DraftKings Inc. DKNG Net gains (losses) on investments

Net gains (losses) on investments at other companies

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-$12.04M-134%

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:IncomeLossFromEquityMethodInvestments.

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 net gains (losses) on investments?
DraftKings Inc. (DKNG) reported net gains (losses) on investments of $4.52M in Q1 2026.
How has DraftKings Inc.'s net gains (losses) on investments changed year-over-year?
DraftKings Inc.'s net gains (losses) on investments increased by 10137.8% year-over-year, from -$45K to $4.52M.
What is the long-term trend for DraftKings Inc.'s net gains (losses) on investments?
Over 3 years (2021 to 2024), DraftKings Inc.'s net gains (losses) on investments has grown at a -44.4% compound annual growth rate (CAGR), from $2.72M to -$468K.
What does net gains (losses) on investments mean?
Non-cash gains or losses from the company's investment holdings.
How do you interpret net gains (losses) on investments?
Reflects market performance of the company's treasury or strategic investment portfolio rather than core business operations.
How does net gains (losses) on investments compare across companies?
Varies significantly based on the company's treasury management strategy and investment portfolio size.