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DraftKings Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20190630 20190930 20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 -546.52-400.82-255.13-109.4436.25181.94327.63473.32Milllion

DraftKings Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 
            
  revenue473,325,000 212,819,000 297,605,000 312,276,000 322,223,000 132,836,000 70,931,000    
  yoy46.89% 60.21% 319.57%        
  qoq122.41% -28.49% -4.70% -3.09% 142.57% 87.27%     
  cost of revenue253,182,000 170,749,000 187,006,000 183,225,000 159,274,000 96,569,000 47,330,000    
  gross profit220,143,000 42,070,000 110,599,000 129,051,000 162,949,000 36,267,000 23,601,000    
  yoy35.10% 16.00% 368.62%        
  qoq423.28% -61.96% -14.30% -20.80% 349.30% 53.67%     
  gross margin %46.51% 19.77% 37.16% 41.33% 50.57% 27.30% 33.27%    
  sales and marketing278,444,000 303,658,000 170,712,000  191,959,000 203,339,000 46,188,000    
  product and technology69,639,000 65,222,000 62,635,000  66,134,000 53,909,000 30,549,000    
  general and administrative240,816,000 219,706,000 198,806,000  173,194,000 127,376,000 107,308,000    
  income from operations-368,756,000 -546,516,000 -321,554,000 -324,791,000 -268,338,000 -348,357,000 -160,444,000 -718,799 -247,387 -185,694 
  yoy37.42% 56.88% 100.42% 45085.23% 108368.92% 187497.34%     
  qoq-32.53% 69.96% -1.00% 21.04% -22.97% 117.12% 22221.12% 190.56% 33.22%  
  operating margin %-77.91% -256.80% -108.05% -104.01% -83.28% -262.25% -226.20%    
  other income:          
  interest income886,000 -1,556,000 1,642,000 985,000 1,183,000 686,000 -588,000    
  gain on remeasurement of warrant liabilities32,970,000 7,091,000 16,984,000        
  income before income tax benefit and income from equity method investment-298,673,750 -540,981,000 -302,928,000        
  income tax benefit6,615,000 3,845,000 2,404,000  -303,000 13,000     
  income from equity method investment137,250 202,000 194,000  946,000 -95,000 -82,000    
  net income attributable to common stockholders-326,297,000 -545,028,000 -305,526,000 -346,344,000 -266,400,000 -347,753,000 -161,437,000    
  yoy22.48% 56.73% 89.25%        
  qoq-40.13% 78.39% -11.79% 30.01% -23.39% 115.41%     
  net income margin %-68.94% -256.10% -102.66% -110.91% -82.68% -261.79% -227.60%    
  loss per share attributable to common stockholders:          
  basic and diluted-0.8 -1.35 -0.76 -0.87 -0.68 -0.98 -0.55    
  loss on remeasurement of warrant liabilities          
  ​          
  income before income tax benefit    -267,155,000 -347,671,000     
  income before income tax provision and income from equity method investment      -161,032,000    
  income tax provision      -323,000    
  general and administrative expenses       718,799 247,387 185,694 
  other income - interest on trust account       1,444,499 2,195,999 1,194,876 
  income before benefit from income tax       725,700 1,948,612 1,009,182 
  benefit from income tax       -246,289 -409,209 -211,786 
  net income       479,411 1,539,403 797,396 
  two class method:          
  weighted-average number of class a common stock outstanding       40,000,000 40,000,000  
  net income per common stock, class a - basic       0.02   
  weighted-average number of class a diluted stock outstanding       43,805,838   
  net income per common stock, class a - diluted       0.02   
  weighted-average number of class b common stock outstanding       10,000,000 10,000,000  
  net income per common stock, class b - basic and diluted       -0.04 -0.01 
  balance, march 27, 2019          
  issuance of common stock to initial stockholder at approximately 0.002 per share          
  balance, march 31, 2019          
  net income per common stock, class a - basic and diluted        0.04 0.02 
  weighted-average number of class a common          
  stock outstanding         40,000,000 
  weighted-average number of class b common          

We provide you with 20 years income statements for DraftKings stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of DraftKings stock. Explore the full financial landscape of DraftKings stock with our expertly curated income statements.

The information provided in this report about DraftKings stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.