DraftKings Inc.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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FY2025 · Filed Feb 13, 2026
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, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $6,054,525 | $4,767,699 | $3,665,393 |
| Cost of revenue | 3,556,947 | 2,950,561 | 2,292,175 |
| Sales and marketing | 1,379,880 | 1,264,920 | 1,200,718 |
| Product and technology | 459,912 | 397,114 | 355,156 |
| General and administrative | 673,603 | 764,103 | 606,569 |
| Income (loss) from operations | (15,817) | (608,999) | (789,225) |
| Other income (expense): | |||
| Interest income (expense), net | (19,941) | 44,300 | 55,739 |
| Gain (loss) on remeasurement of warrant liabilities | 4,747 | (4,945) | (57,543) |
| Other gain (loss), net | 38,024 | (23,514) | (224) |
| Income (loss) before income tax and equity method investments | 7,013 | (593,158) | (791,253) |
| Income tax provision (benefit) | 4,274 | (86,341) | 10,170 |
| (Gain) loss from equity method investments | (971) | 468 | 719 |
| Net income (loss) attributable to common stockholders | $3,710 | $(507,285) | $(802,142) |
| Earnings (loss) per share attributable to common stockholders: | |||
| Basic | $0.01 | $(1.05) | $(1.73) |
| Diluted | $(0.01) | $(1.05) | $(1.73) |
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