DraftKings Inc. DKNG Payments to Develop Software
Payments to Develop Software at other companies
Other financials
Where this comes from
Reported directly by DraftKings Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.
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 payments to develop software?
- DraftKings Inc. (DKNG) reported payments to develop software of $37.07M in Q1 2026.
- How has DraftKings Inc.'s payments to develop software changed year-over-year?
- DraftKings Inc.'s payments to develop software increased by 18.6% year-over-year, from $31.25M to $37.07M.
- What is the long-term trend for DraftKings Inc.'s payments to develop software?
- Over 4 years (2021 to 2025), DraftKings Inc.'s payments to develop software has grown at a 29.6% compound annual growth rate (CAGR), from $46.54M to $131.15M.
- What does payments to develop software mean?
- Cash invested in building or improving software products and internal digital systems.
- How do you interpret payments to develop software?
- Increased spending signals a commitment to innovation and product development, whereas a decrease may indicate a shift toward maintenance or reduced R&D focus.
- How does payments to develop software compare across companies?
- High for SaaS and digital platform companies; often compared as a percentage of total revenue.