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DraftKings Inc. DKNG Operating leases, net

Discontinued — last reported Q2 '25

Operating leases, net at other companies

Summit Therapeutics logo
Summit TherapeuticsSMMT
$365K+1,360%
DocuSign logo
DocuSignDOCU
$4.86M+4.4%
Madison Square Garden Sports logo
Madison Square Garden SportsMSGS
$19.85M-18.5%
Ralph Lauren logo
Ralph LaurenRL
-$5.58M-291%
Dick's Sporting Goods logo
Dick's Sporting GoodsDKS
$71.18M+115%
TPX
TPXTPX

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:IncreaseDecreaseInOperatingLeasesNet.

The official record: DraftKings Inc.’s 10-Q, filed August 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is DraftKings Inc.'s operating leases, net?
DraftKings Inc. (DKNG) reported operating leases, net of $0 in Q2 2025.
How has DraftKings Inc.'s operating leases, net changed year-over-year?
DraftKings Inc.'s operating leases, net decreased by 100.0% year-over-year, from $134K to $0.
What does operating leases, net mean?
The net cash impact of payments made for operating leases.
How do you interpret operating leases, net?
Higher outflows indicate increased rental or leasing costs, while lower outflows suggest lease terminations or favorable renegotiations.
How does operating leases, net compare across companies?
Standard metric for companies reporting under ASC 842 or IFRS 16 lease accounting standards.