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DraftKings Inc. DKNG Liabilities to users

Liabilities to users at other companies

Flutter Entertainment logo
Flutter EntertainmentFLUT
$20M+114%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$20M+114%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
$1.09B-22.8%
Monster Beverage logo
Monster BeverageMNST
-$3.49M+19.6%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$1.86B+1.7%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$5M+156%

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 dkng:IncreaseDecreaseInLiabilitiesToUsers.

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 liabilities to users?
DraftKings Inc. (DKNG) reported liabilities to users of -$123.37M in Q1 2026.
How has DraftKings Inc.'s liabilities to users changed year-over-year?
DraftKings Inc.'s liabilities to users decreased by 6.0% year-over-year, from -$116.4M to -$123.37M.
What is the long-term trend for DraftKings Inc.'s liabilities to users?
Over 4 years (2021 to 2025), DraftKings Inc.'s liabilities to users has grown at a -32.2% compound annual growth rate (CAGR), from $210.93M to -$44.45M.
What does liabilities to users mean?
The net change in the company's financial obligation to its customers.
How do you interpret liabilities to users?
An increase suggests higher customer deposits or pending winnings, while a decrease indicates higher customer withdrawals or payouts.
How does liabilities to users compare across companies?
Specific to gaming, betting, and fintech platforms that act as custodians of user funds.