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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 us-gaap:GeneralAndAdministrativeExpense.

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
Cost of revenue891,782854,5591,841,1671,698,362
Sales and marketing322,536233,187724,270576,867
Product and technology127,649108,417250,825211,677
General and administrative169,442165,700335,376330,094
Income (loss) from operations(68,174)150,644(62,327)104,313
Other income (expense):
Interest income (expense), net(7,434)665(13,173)5,060
Gain (loss) on remeasurement of warrant liabilities(5,851)(3,356)

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s G&A?
DraftKings Inc. (DKNG) reported G&A of $169.44M in Q2 2026.
How has DraftKings Inc.'s G&A changed year-over-year?
DraftKings Inc.'s G&A increased by 2.3% year-over-year, from $165.7M to $169.44M.
What is the long-term trend for DraftKings Inc.'s G&A?
Over 4 years (2021 to 2025), DraftKings Inc.'s G&A has grown at a -5.0% compound annual growth rate (CAGR), from $828.33M to $673.6M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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