Flagship explainer
How DRAFTKINGS INC. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $6.1B | 100% |
| |
| Cost of revenue | $3.6B | 59% |
|
| $2.5B | 41% |
| |
| −$15.8M | −0% |
| |
| Income before tax | $7M | 0% |
|
| Income tax | $4.3M | 0% |
|
| $3.7M | 0% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001883685-26-000013