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DraftKings Inc. DKNG Net Change in Cash

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$533.02K-74.0%

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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

The source filing: DraftKings Inc.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 7:01 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001883685-26-000020
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Proceeds from exercise of stock options3,3153,396
Other financing activities(2,093)
Net cash flows provided by (used in) financing activities$(121,128)$372,823
Net increase (decrease) in cash and cash equivalents, restricted cash, and cash reserved for users(217,775)214,788
Cash and cash equivalents, restricted cash, and cash reserved for users at the beginning of period1,604,5951,330,193
Cash and cash equivalents, restricted cash, and cash reserved for users at the end of period$1,386,820$1,544,981
Disclosure of cash and cash equivalents, restricted cash, and cash reserved for users
Cash and cash equivalents$999,404$1,119,740

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s net change in cash?
DraftKings Inc. (DKNG) reported net change in cash of -$217.78M in Q1 2026.
How has DraftKings Inc.'s net change in cash changed year-over-year?
DraftKings Inc.'s net change in cash decreased by 201.4% year-over-year, from $214.79M to -$217.78M.
What does net change in cash mean?
Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

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