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DraftKings Inc. DKNG Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from Term B Loan, net$588,116
Repayment of Term B Loan principal(3,000)(1,500)
Purchase of treasury stock for RSU withholding(43,480)(101,852)
Purchase of treasury stock under Stock Repurchase Program(154,218)(242,741)
Proceeds from exercise of stock options4,0676,304
Proceeds from shares issued under Employee Stock Purchase Plan9,9876,900
Other financing activities(2,093)
Net cash flows provided by (used in) financing activities$(186,644)$253,134

Item 1. Financial Statements.

FAQ

What is DraftKings Inc.'s share buybacks?
DraftKings Inc. (DKNG) reported share buybacks of $55.58M in Q2 2026.
How has DraftKings Inc.'s share buybacks changed year-over-year?
DraftKings Inc.'s share buybacks decreased by 44.7% year-over-year, from $100.46M to $55.58M.
What is the long-term trend for DraftKings Inc.'s share buybacks?
Over 4 years (2021 to 2025), DraftKings Inc.'s share buybacks has grown at a 137.9% compound annual growth rate (CAGR), from $17.83M to $571.53M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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