DraftKings Inc
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
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)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $4,767,699 | $3,665,393 | $2,240,461 |
| Cost of revenue | 2,950,561 | 2,292,175 | 1,484,273 |
| Sales and marketing | 1,264,920 | 1,200,718 | 1,185,977 |
| Product and technology | 397,114 | 355,156 | 318,247 |
| General and administrative | 764,103 | 606,569 | 763,720 |
| Loss from operations | (608,999) | (789,225) | (1,511,756) |
| Other income (expense): | |||
| Interest income | 47,259 | 58,418 | 21,353 |
| Interest expense | (2,959) | (2,679) | (2,651) |
| (Loss) gain on remeasurement of warrant liabilities | (4,945) | (57,543) | 29,396 |
| Other (loss) gain, net | (23,514) | (224) | 20,700 |
| Loss before income tax (benefit) provision and loss from equity method investment | (593,158) | (791,253) | (1,442,958) |
| Income tax (benefit) provision | (86,341) | 10,170 | (67,866) |
| Loss from equity method investment | 468 | 719 | 2,895 |
| Net loss attributable to common stockholders | $(507,285) | $(802,142) | $(1,377,987) |
| Loss per share attributable to common stockholders: | |||
| Basic and diluted | $(1.05) | $(1.73) | $(3.16) |
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