DraftKings Inc
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
DKNG$18.70+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Amounts in thousands, except per share amounts)
| Years ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $3,665,393 | $2,240,461 | $1,296,025 |
| Cost of revenue | 2,292,175 | 1,484,273 | 794,162 |
| Sales and marketing | 1,200,718 | 1,185,977 | 981,500 |
| Product and technology | 355,156 | 318,247 | 253,655 |
| General and administrative | 606,569 | 763,720 | 828,325 |
| Loss from operations | (789,225) | (1,511,756) | (1,561,617) |
| Other income (expense): | |||
| Interest income | 58,418 | 21,353 | 4,066 |
| Interest expense | (2,679) | (2,651) | (2,109) |
| (Loss) gain on remeasurement of warrant liabilities | (57,543) | 29,396 | 30,065 |
| Other (loss) gain, net | (224) | 20,700 | 11,951 |
| Loss before income tax provision (benefit) and loss (income) from equity method investment | (791,253) | (1,442,958) | (1,517,644) |
| Income tax (benefit) provision | 10,170 | (67,866) | 8,269 |
| Loss (income) from equity method investment | 719 | 2,895 | (2,718) |
| Net loss attributable to common stockholders | $(802,142) | $(1,377,987) | $(1,523,195) |
| Loss per share attributable to common stockholders: | |||
| Basic and diluted | $(1.73) | $(3.16) | $(3.78) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.