DraftKings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. DraftKings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 64% to $3,665,393,000. The net income raised on -$802,142,000 and profit margin reached -22%. Total operating expenses were $2,162,443,000.
Profit Margin
| 2017 | 191.84M | -75.55M | -39.38% |
|---|---|---|---|
| 2018 | 226.27M | -76.22M | -33.68% |
| 2019 | 323.41M | -142.25M | -43.99% |
| 2020 | 614.53M | -843.70M | -137.29% |
| 2021 | 1.29B | -1.52B | -117.74% |
| 2022 | 2.24B | -1.37B | -61.38% |
| 2023 | 3.66B | -802.14M | -21.88% |
DKNG Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 3.66B | 2.24B | 1.29B | 614.53M | 323.41M | 226.27M | 191.84M |
Cost of revenue | 2.29B | 1.48B | 794.16M | 346.58M | 103.88M | 48.68M | 31.75M |
Gross profit | 1.37B | 756.18M | 501.86M | 267.94M | 219.52M | 177.58M | 160.09M |
Operating exp. | |||||||
Research and development | 355.15M | 318.24M | 253.65M | 168.63M | 55.92M | 32.88M | 20.21M |
Selling and marketing | 1.20B | 1.18B | 981.5M | 495.19M | 185.26M | 145.58M | 156.63M |
Total operating expenses | 2.16B | 2.26B | 2.06B | 1.11B | 366.06M | 254.36M | 233.29M |
Operating income | -789.22M | -1.51B | -1.56B | -843.25M | -146.54M | -76.78M | -73.19M |
Other income (expenses), net | -2.02M | 68.79M | 43.97M | -388.63M | 4.34M | 666K | -2.14M |
Income before tax | -791.25M | -1.44B | -1.51B | -844.32M | -142.19M | -76.11M | -75.34M |
Income tax expense | 10.17M | -67.86M | 8.26M | -622K | 58K | 105K | 210K |
Net income | -802.14M | -1.37B | -1.52B | -843.70M | -142.25M | -76.22M | -75.55M |
Earnings per share | |||||||
Basic EPS | -1.73 | -3.15 | -3.79 | -2.76 | -0.77 | -0.41 | -0.41 |
Diluted EPS | -1.73 | -3.15 | -3.79 | -2.76 | -0.77 | -0.41 | -0.41 |
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