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Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - US
$ 39.84
-3.16 %
$ 19.3 B
Market Cap
-45.79
P/E
INCOME STATEMENT
3.67 B REVENUE
63.60%
-789 M OPERATING INCOME
47.79%
-802 M NET INCOME
41.79%
EFFICIENCY
Earnings Waterfall DraftKings Inc.
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Revenue 3.67 B
Cost Of Revenue 2.29 B
Gross Profit 1.37 B
Operating Expenses 2.16 B
Operating Income -789 M
Other Expenses 12.9 M
Net Income -802 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017
REVENUE
Revenue 3 665.4 2 240.5 1 296.0 614.5 323.4 226.3 191.8
GROSS PROFIT
Cost Of Revenue 2 292.2 1 484.3 794.2 346.6 103.9 48.7 31.8
Gross Profit 1 373.2 756.2 501.9 267.9 219.5 177.6 160.1
OPERATING INCOME
Operating Expenses 2 162.4 2 267.9 2 063.5 1 111.2 366.1 254.4 233.3
Selling, General and Administrative Expenses 1 807.3 1 949.7 1 809.8 942.6 310.1 221.5 213.1
Research and Development Expenses 355.2 318.2 253.7 168.6 55.9 32.9 20.2
Operating Income (789.2) (1 511.8) (1 561.6) (843.3) (146.5) (76.8) (73.2)
PRE-TAX INCOME
Interest Income Expense 2.7 18.7 2.0 1.1 0 0 0
Total Other Income (2.0) 68.8 44.0 (388.6) 4.3 0.7 (2.1)
Pre-Tax Income (791.3) (1 443.0) (1 517.6) (844.3) (142.2) (76.1) (75.3)
NET INCOME
Tax Provision 10.2 (67.9) 8.3 (0.6) 58 K 0.1 0.2
Net Income (802.1) (1 375.1) (1 525.9) (843.7) (142.3) (76.2) (75.6)
EPS 1.73 3.15 3.79 2.76 0.77 0.41 0.41