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DraftKings Inc.Stock · Consumer Discretionary
$25.44−$0.07 (-0.29%)as of market close, Aug 13, 2026
☾ After hours:$25.42+0.00%3:59 PM ET
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How DraftKings makes money

Period

How does DraftKings make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

DraftKings Inc. · FY2025 · year ended 2025-12-31
Revenue$6.1BGross profit$2.5B · 41%Cost of revenue$3.6B · 59%Operating income$0 · 0%Operating expenses$2.5B · 41%SG&A$674M · 11%Selling & marketing$1.4B · 23%Other opex$444M · 7%Net income$0 · 0%Income tax$0 · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.