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DraftKings Inc. DKNG Operating Income

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Other financials

Income statement

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Revenue$1.4B-4.6%
Gross profit$551.5M-16.2%
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:OperatingIncomeLoss.

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
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)
Other gain (loss), net3,75024,45926,56424,481

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s operating income?
DraftKings Inc. (DKNG) reported operating income of -$68.17M in Q2 2026.
How has DraftKings Inc.'s operating income changed year-over-year?
DraftKings Inc.'s operating income decreased by 145.3% year-over-year, from $150.64M to -$68.17M.
What is the long-term trend for DraftKings Inc.'s operating income?
Over 3 years (2021 to 2024), DraftKings Inc.'s operating income has grown at a -26.9% compound annual growth rate (CAGR), from -$1.56B to -$609M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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