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DraftKings Inc. DKNG Total Cost of Revenue

Total Cost of Revenue at other companies

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Flutter EntertainmentFLUT
$2.47B+26.1%

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 us-gaap:CostOfRevenue.

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 total cost of revenue?
DraftKings Inc. (DKNG) reported total cost of revenue of $949.39M in Q1 2026.
How has DraftKings Inc.'s total cost of revenue changed year-over-year?
DraftKings Inc.'s total cost of revenue increased by 12.5% year-over-year, from $843.8M to $949.39M.
What is the long-term trend for DraftKings Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), DraftKings Inc.'s total cost of revenue has grown at a 45.5% compound annual growth rate (CAGR), from $794.16M to $3.56B.
What does total cost of revenue mean?
The direct costs associated with providing the company's services to customers.
How do you interpret total cost of revenue?
An increase relative to revenue may signal rising platform costs, higher regulatory burdens, or inefficiencies in service delivery.
How does total cost of revenue compare across companies?
Varies by industry; in online gaming, this is heavily influenced by state-specific tax rates and platform infrastructure costs.