DraftKings Inc.
Explore DraftKings
Core profile pages, annual revenue records, and related research hubs for this company.
DraftKings Inc.
Explore DraftKings
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$5.7B
Market Cap
$19.5B
Employees
4,400
DraftKings transitioned from a high-burn land-grab phase into a high-margin cash flow compounder. As older state vintages matured into high contribution margin states, marketing leverage and operating cost controls drove GAAP profitability and positive free cash flow.
Revenue Trend Analysis
YoY Change
+18.9%
4-Year CAGR
+44.4%
Peak Year
2025
Trend
Consistent Growth
DraftKings Inc. has reported revenue across 5 fiscal years, compounding at +44.4% annually over 4 years. The most recent year saw a 18.9% increase versus the prior year. Revenue peaked in 2025 at $5.7B. Out of 4 reported periods, 4 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2025 | $5.7B | +18.9% |
| FY2024 | $4.8B | +29.6% |
| FY2023 | $3.7B | +63.6% |
| FY2022 | $2.2B | +72.6% |
| FY2021 | $1.3B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
DraftKings generated $4.75B in FY2024 revenue and expanded toward $5.65B in FY2025.
Yes, DraftKings reached positive adjusted EBITDA in 2024 as mature state cohorts generated high contribution margins.
Investments in Supply Chain Resilience are expected to temporarily compress short-term margins while significantly expanding the long-term total addressable market and free cash flow.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "DraftKings Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/draftkings/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>DraftKings Inc. reported $6B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/draftkings/financials" target="_blank" rel="noopener">CorpDigest — DraftKings Inc. financials</a></div>