DKNGDraftKings Inc.
Services-Miscellaneous Amusement & Recreation
- Revenue
- $6.1B
- 27% YoY
- Operating margin
- -0.3%
- 98% YoY
- EBITDA
- $3M
- 101% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear179× net incomeCash flow under 80% of net income
- Dilutive SBCClear6% of revenueOver 10% of revenue
- Payouts exceed cash flowClear86% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear37% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.3B | $2.2B | $3.7B | $4.8B | $6.1B | 27% |
| Operating income | −$1.6B | −$1.5B | −$789M | −$609M | −$16M | 97% |
| Net income | −$1.5B | −$1.4B | −$802M | −$507M | $4M | 101% |
| Operating cash flow | −$420M | −$626M | −$2M | $418M | $663M | 59% |
| Capex | $16M | $32M | $21M | $10M | $15M | 51% |
| Stock-based comp | $683M | $579M | $398M | $381M | $339M | 11% |
| Buybacks | $18M | $0 | $0 | $48M | $572M | 1089% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $164K · 1
- Net
- −$164K
Pay vs performance
No pay-versus-performance disclosure yet.