Stocks Consumer discretionary DKNG
NASDAQ · Consumer discretionaryDraftKings Inc. (DKNG)
DraftKings Inc. brought in $6.2B of revenue over the twelve months to June 30, 2026, up 15.0% from a year earlier. It posted a net loss of $166.9M. Operating cash flow minus capital spending left $647.5M of free cash flow in fiscal 2025. At June 30, 2026 it held $983.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.
Key facts about DraftKings Inc.
- Net worth
- DraftKings Inc. has a market value (market cap) of $10.4B at the latest share price, and shareholders' equity of $569.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $6.1B (+27.0% year on year), with net income of $3.7M. Over the 12 months to June 30, 2026: revenue $6.2B, net loss $166.9M.
- Cash flow
- In fiscal 2025 operations brought in $662.9M of cash; after $15.4M of capital spending, free cash flow was $647.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 7, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- DraftKings Inc.'s next report is expected around November 6, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What DraftKings Inc. does
DraftKings Inc. is registered with the SEC under industry code SIC 7990 (Services-Miscellaneous Amusement & Recreation). Its shares trade on NASDAQ under the ticker DKNG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $6.1B | $3.7M | -$0.01 | $647.5M |
| 2024 | $4.8B | -$507.3M | -$1.05 | $407.6M |
| 2023 | $3.7B | -$802.1M | -$1.73 | -$22.7M |
| 2022 | $2.2B | -$1.4B | -$3.16 | -$657.9M |
| 2022 | $1.3B | -$1.5B | -$3.78 | -$435.4M |
| 2020 | $614.5M | -$1.2B | -$4.03 | -$205.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where DKNG ranks in Consumer discretionary
Latest SEC filings
What DraftKings Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 25, 2026Auditor change 8-K
- August 25, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 4.6% to $1.4B versus the same quarter last year; diluted EPS -$0.14 versus $0.30.
- August 7, 2026
- July 28, 2026Passive stake changed SCHEDULE 13G/A
- June 26, 2026
- June 9, 2026
What is DKNG worth? A DCF from its reported cash flow
Insider trades
What the people running DraftKings Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $258.8K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Dodge R StantonChief Legal Officer | Exercised options | 1,476 | - |
| October 1, 2026 | Dodge R StantonChief Legal Officer | Shares withheld for tax | 646 | $12.5K |
| September 3, 2026 | Robins JasonSee Remarks, Director | Gave as a gift | 12,000 | - |
| September 2, 2026 | Kalish MatthewDirector | Other change | 864,880 | - |
| September 1, 2026 | Dodge R StantonChief Legal Officer | Exercised options | 11,029 | - |
| September 1, 2026 | Dodge R StantonChief Legal Officer | Shares withheld for tax | 4,826 | $113.1K |
| September 1, 2026 | Dodge R StantonChief Legal Officer | Exercised options | 4,825 | - |
| September 1, 2026 | Dodge R StantonChief Legal Officer | Shares withheld for tax | 2,111 | $49.5K |
Who owns DKNG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| AQR Capital Management, LLC13G, passive with 1 related filers | 5.98% | August 13, 2026 |
| Dart Kenneth Bryan13G, passive | 5.8% | August 14, 2026 |
| Janus Henderson Group PLC13G, passive | 5.1% | February 17, 2026 |
| Vanguard Capital Management13G, passive | 5.02% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 691 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| CIBC Bancorp USA Inc. | 37,316,338 | +25,080,126 |
| Aqr Capital Management LLC | 29,668,081 | +6,815,596 |
| Jupiter Topco LLC | 25,274,243 | new |
| Capital World Investors | 24,798,304 | +86,351 |
| BlackRock, Inc. | 22,955,769 | -3,644,049 |
| Vanguard Capital Management LLC | 21,574,923 | +254,325 |
| Vanguard Portfolio Management LLC | 19,194,063 | +600,291 |
| Norges Bank | 11,848,138 | new |
| Spruce House Investment Management LLC | 9,650,000 | 0 |
| Geode Capital Management, LLC | 9,515,972 | -186,991 |
| PointState Capital LP | 8,986,638 | new |
| State Street Corp | 8,361,228 | -1,812,888 |
| Massachusetts Financial Services Co | 7,411,878 | +65,762 |
| Baillie Gifford & Co | 7,176,652 | -36,605 |
| Morgan Stanley | 6,173,660 | -647,827 |
| Atlas Venture Advisors, Inc. | 5,319,866 | 0 |
| Fmr LLC | 5,071,489 | -4,288,490 |
| Ameriprise Financial Inc | 5,055,144 | +1,377,967 |
| Contour Asset Management LLC | 4,620,776 | new |
| Ieq Capital, LLC | 4,581,343 | +470,798 |
Insiders
14 insiders reported holding 11,261,882 shares in total, about $235.8M at the last price.
| Holder | Shares |
|---|---|
| Kalish MatthewDirector | 5,634,845 |
| Robins JasonSee Remarks, Director | 3,718,932 |
| Dodge R StantonChief Legal Officer | 578,275 |
| Liberman PaulSee Remarks, Director | 358,175213,597 held indirectly |
| Sloan HarryDirector | 355,781 |
| Walden Marni MDirector | 198,057 |
| Ellingson Alan WayneChief Financial Officer | 193,558 |
| Murray Steven JosephDirector | 78,374 |
| Mosley ValerieDirector | 50,817 |
| Bradbury ErikChief Accounting Officer | 38,168 |
Questions about DKNG
What does DraftKings Inc. do?
DraftKings Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as DKNG. Its shares trade on NASDAQ under the ticker DKNG.
What is DraftKings Inc.'s net worth?
DraftKings Inc. has a market value (market cap) of $10.4B at the latest share price, and shareholders' equity of $569.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is DraftKings Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $166.9M on revenue of $6.2B.
How much revenue does DraftKings Inc. make?
Over the twelve months to June 30, 2026 DraftKings Inc. reported revenue of $6.2B. That is 15.0% more than a year earlier.
When did DraftKings Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 2, 2026.
When is DraftKings Inc.'s next earnings report?
DraftKings Inc.'s next report is expected around November 6, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values DraftKings Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.