DraftKings Inc. (DKNG) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
DraftKings Inc. (DKNG) carries a Roarable Rating of C- (Hold) with 59/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How DKNG Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $6.05B | 41.3% | -0.3% | $3.7M | $647.5M | -1% |
| FY 2024 | $4.77B | 38.1% | -12.8% | -$507.3M | $407.6M | -28.4% |
| FY 2023 | $3.67B | 44% | -21.5% | -$802.1M | -$166.7M | -18.2% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring DKNG)
- ✓Live walkthrough of DKNG's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
DKNG Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +27.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on DKNG today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for DKNG. Explore sector supply chains on /butterfly.
DKNG Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is DraftKings Inc. (DKNG)?
In FY 2025 (10-K), DKNG converted $6.1B of revenue into a 41.3% gross margin, 0% operating margin, and $647.5M in free cash flow (10.7% FCF margin).