DraftKings Inc. (DKNG) quarterly cash flow statement — complete operating, investing & financing history
DraftKings Inc. (DKNG) cash flow statement — 9-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 111.44M | -48.44M | 320.47M | 287.48M | 173.92M | -119.02M | 325.19M | 133.58M | 29.39M | -70.39M | 72.07M | 145.4M | -17.72M | -201.49M | -148.46M | 52.24M | -172.59M | -356.72M | -172.25M | -70.89M |
| Operating CF Margin % | 7.72% | -2.94% | 16.11% | 25.13% | 11.5% | -8.45% | 23.35% | 12.19% | 2.66% | -5.99% | 5.85% | 18.41% | -2.03% | -26.18% | -17.36% | 10.41% | -37.02% | -85.5% | -36.39% | -33.31% |
| Operating CF Growth % | -35.93% | 59.3% | -1.45% | 115.2% | 491.79% | -69.07% | 351.23% | -8.12% | 265.84% | 65.06% | 148.54% | 178.31% | 89.73% | 43.52% | 13.81% | 173.7% | -47.97% | -497.15% | -78.34% | -470.8% |
| Net Income | -67.61M | 21.07M | 136.43M | -256.79M | 157.94M | -33.86M | -134.85M | -293.69M | 63.82M | -142.57M | -44.62M | -283.1M | -77.27M | -397.15M | -242.7M | -450.49M | -217.1M | -467.69M | -326.3M | -545.03M |
| Depreciation & Amortization | 80.34M | 71.66M | 74M | 66.07M | 65.3M | 70.12M | 66.1M | 89.95M | 61.62M | 53.18M | 55.2M | 50.24M | 48.26M | 48.21M | 48.62M | 46.09M | 42.31M | 32.23M | 32.54M | 30.36M |
| Stock-Based Compensation | 82.55M | 65.22M | 103.29M | 72.47M | 84.7M | 78.85M | 110.06M | 87.55M | 90.22M | 93.53M | 113.52M | 78.35M | 89.19M | 117.4M | 130.16M | 126.04M | 135.52M | 187.08M | 184.05M | 175.66M |
| Deferred Taxes | 0 | -215K | -14.7M | -3.62M | -730K | 826K | -12.13M | -842K | -80.3M | 540K | 1.32M | 2.53M | -261K | 2.25M | 4.64M | -1.4M | -76.91M | 256K | -3.77M | -2.19M |
| Other Non-Cash Items | -4.95M | -25.87M | 771K | -23.66M | -12.22M | 325K | 11.71M | 10.12M | -9.79M | 18.45M | 16.42M | 8.99M | 19.14M | 14.72M | 10.43M | 3.78M | -10.23M | -47.88M | -46.88M | -6.22M |
| Working Capital Changes | 21.1M | -180.3M | 20.69M | 433M | -121.07M | -235.26M | 284.3M | 240.49M | -96.19M | -93.53M | -69.77M | 288.38M | -96.79M | 13.07M | -99.62M | 328.22M | -46.17M | -60.71M | -11.88M | 276.53M |
| Change in Receivables | 4.04M | 19.46M | 14.04M | 5.14M | 10.95M | -27.15M | 282.95M | -103.78M | 29.01M | 30.03M | -112.9M | -95.45M | 25M | 9.67M | -11.33M | -28.57M | 14.05M | -2.35M | -1.37M | -4.63M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -178.6M | 0 |
| Change in Payables | -14.75M | -81M | 77.19M | 153.43M | -29.49M | -68.95M | -62.84M | 126.93M | -67.81M | -14.34M | 24.55M | 158.98M | -73.64M | -6.29M | -33.96M | 144.89M | 428K | -16.09M | 167.93M | 121.43M |
| Cash from Investing | -45.23M | -48.21M | -49.89M | -41.83M | -35.26M | -39.02M | -78.42M | -31.65M | -417.33M | -39.2M | -23.44M | -39.97M | 612K | -27.56M | -36.83M | -24.46M | -124.4M | -23.07M | -76.33M | -18.12M |
| Capital Expenditures | -4.59M | -45.22M | -45.29M | -4.43M | -4.32M | -2.65M | -2.03M | -2.7M | -24.93M | -3.02M | -22.52M | -10.24M | -2.56M | -27.88M | -33.31M | -5.45M | -5.84M | -22.08M | -48.3M | -4.95M |
| CapEx % of Revenue | 0.32% | 2.75% | 2.28% | 0.39% | 0.29% | 0.19% | 0.15% | 0.25% | 2.26% | 0.26% | 1.83% | 1.3% | 0.29% | 3.62% | 3.9% | 1.08% | 1.25% | 5.29% | 10.2% | 2.33% |
| Acquisitions | 0 | 0 | -16.38M | 0 | 0 | 0 | -48.99M | -488K | -392.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -96.51M | 0 | -1K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -40.65M | -3M | 11.78M | -37.4M | -30.94M | -36.37M | -27.4M | -28.46M | -393K | -36.17M | -919K | -29.73M | 3.17M | 311K | -3.52M | -19.02M | -22.05M | -989K | 40.52M | -13.17M |
| Cash from Financing | -65.52M | -121.13M | -374.18M | -101.41M | -119.69M | 372.82M | -73.09M | -18.9M | -21.83M | -30.64M | -12.71M | -12.66M | -12.68M | -25.17M | 111K | -4.31M | -218K | -12.31M | 4.68M | 2.22M |
| Debt Issued (Net) | -1.5M | -1.5M | -4.5M | -1.5M | -1.5M | 588.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 909K | -9K |
| Equity Issued (Net) | -74M | -119.63M | -365.27M | -99.91M | -125.09M | -216.6M | -72.79M | -20.26M | -21.83M | -33.5M | -12.71M | -18.17M | -13.83M | -27.36M | -3.51M | -4.54M | -3.39M | -14.08M | -3.5M | -4.44M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -74.75M | -122.94M | -381.85M | -102.84M | -128M | -216.6M | -72.79M | -20.26M | -24.41M | -33.5M | -20.7M | -18.17M | -13.83M | -27.36M | -3.51M | -4.54M | -3.39M | -14.08M | -3.5M | -4.44M |
| Other Financing | 9.99M | 0 | -4.41M | 0 | 6.9M | 1.3M | -300K | 1.35M | 0 | 2.86M | 0 | 5.51M | 1.14M | 2.19M | 3.62M | 224K | 3.17M | 1.77M | 7.27M | 6.66M |
| Net Change in Cash | 379.36M | 251.67M | 371.73M | 144.23M | 18.97M | 214.79M | 173.68M | 83.03M | -376.39M | -140.24M | -305.38M | 92.77M | -29.79M | -254.22M | -185.18M | 23.47M | -297.21M | -392.1M | -245.19M | -85.72M |
| Free Cash Flow | 106.85M | -55.52M | 316.52M | 247.92M | 169.6M | -121.66M | 323.16M | 101.77M | 26.97M | -107.68M | 71.05M | 105.43M | -40.74M | -229.37M | -181.77M | 29.17M | -197.77M | -378.79M | -220.55M | -88.95M |
| FCF Margin % | 7.4% | -3.37% | 15.91% | 21.67% | 11.21% | -8.64% | 23.2% | 9.29% | 2.44% | -9.16% | 5.77% | 13.35% | -4.66% | -29.8% | -21.26% | 5.81% | -42.42% | -90.79% | -46.6% | -41.8% |
| FCF Growth % | -37% | 54.36% | -2.06% | 143.61% | 528.91% | -12.99% | 354.84% | -3.47% | 166.19% | 53.05% | 139.09% | 261.41% | 79.4% | 39.45% | 17.58% | 132.79% | -44.18% | -432.63% | -120.32% | -1549.67% |
| FCF per Share | 0.22 | -0.10 | 0.59 | 0.47 | 0.32 | -0.25 | 0.66 | 0.21 | 0.06 | -0.23 | 0.15 | 0.23 | -0.09 | -0.50 | -0.40 | 0.07 | -0.45 | -0.92 | -0.55 | -0.22 |
| FCF Conversion (FCF/Net Income) | -1.65x | -2.30x | 2.35x | -1.12x | 1.10x | 3.51x | -2.41x | -0.45x | 0.46x | 0.49x | -1.62x | -0.51x | 0.23x | 0.51x | 0.61x | -0.12x | 0.79x | 0.76x | 0.53x | 0.13x |
| Interest Paid | 9.4M | 0 | 0 | 9.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 2.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |