DraftKings Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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DraftKings Inc. income statement - Annual data in billions USD
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Revenue & Gross Profit
Revenue4.773.672.241.300.61
Cost of Revenue2.952.291.480.790.35
Gross Profit1.821.370.760.500.27
Operating Expenses
Research & Development0.400.360.320.250.17
Selling, General & Administrative2.031.811.951.780.91
Operating Expenses2.431.812.272.041.07
Operating Income-0.61-0.79-1.51-1.54-0.81
Other Income/Expense
Interest Income0.050.060.020.000.00
Interest Expense0.000.000.000.000.00
Other Income/Expense-0.030.060.050.04-0.39
Income
Income Before Tax-0.59-0.79-1.44-1.51-1.23
Income Tax Expense-0.090.01-0.070.010.00
Net Income-0.51-0.80-1.38-1.52-1.23
Net Income - Continuous Operations-0.51-0.80-1.38-1.520.00
Net Income - Discontinued Operations0.000.000.000.000.00
EBITDA-0.32-0.79-1.27-1.42-0.73
EBIT-0.59-0.79-1.44-1.54-0.81
Depreciation & Amortization0.270.200.170.120.08
Earnings Per Share
Basic EPS-1.00-2.00-3.00-4.00-4.00
Diluted EPS-1.00-2.00-3.00-4.00-4.00
Basic Shares Outstanding0.480.460.440.400.31
Diluted Shares Outstanding0.480.460.440.400.31