— Know what they know.
Not Investment Advice
Also trades as: 0ABA.L (LSE) · $vol 0M · DKNG1.MX (MEX) · $vol 0M

DKNG NASDAQ

DraftKings Inc.
1W: +1.5% 1M: -1.8% 3M: -15.4% YTD: -41.7% 1Y: -37.0% 3Y: -23.2% 5Y: -57.5%
$20.78
-0.44 (-2.07%)
 
Weekly Expected Move ±7.6%
$18 $19 $21 $22 $24
NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos · Tech Score Neutral · Power 55 · $10.3B mcap · 424M float · 2.97% daily turnover · Short 55% of daily vol
Credit Risk of going bust: higher than 51% of companies Debt: 15.7% of company value Bonds: $74.6M held by 29 funds → details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.38 (down 98%), DraftKings Inc. would be worth roughly what it owes.
Total debt $1.92B against a stock market value of $10.32B.
Distance to default 5.04 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $917.5M (short-term plus half of long-term), stock volatility 52.3%; Altman Z'' -4.94. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Balance Sheet Trends

Total Assets
$4.5B +5.8% ▲
5Y CAGR: +5.7%
Total Liabilities
$3.9B +19.1% ▲
5Y CAGR: +37.0%
Shareholders Equity
$631M -37.5% ▼
5Y CAGR: -24.8%
Cash & Investments
$1.6B +103.6% ▲
5Y CAGR: -2.5%
Total Debt
$1.9B +44.9% ▲
5Y CAGR: +88.3%
Net Debt
$330M -39.7% ▼

Assets vs Liabilities & Equity

Year-over-Year Growth

View Full Balance Sheet
Line ItemFY2021FY2022FY2023FY2024FY2025
— Assets —
Cash$2.2B$1.3B$1.3B$788M$1.6B
Short-Term Investments$0$0$0$0$0
Cash & ST Investments$2.2B$1.3B$1.3B$788M$1.6B
Net Receivables$98M$211M$349M$120M$106M
Inventory$0$0$0$0$0
Other Current Assets$477M$564M$452M$625M$105M
Total Current Assets$2.8B$2.1B$2.1B$1.5B$1.8B
Property, Plant & Equip.$110M$126M$155M$125M$101M
Goodwill & Intangibles$1.2B$1.7B$1.6B$2.5B$2.5B
Long-Term Investments$10M$10M$10M$13M$19M
Other Non-Current Assets$45M$156M$132M$123M$109M
Total Non-Current Assets$1.3B$2.0B$1.9B$2.7B$2.7B
Total Assets$4.1B$4.0B$3.9B$4.3B$4.5B
— Liabilities —
Accounts Payable$53M$10M$34M$54M$785M
Short-Term Debt$0$0$0$0$10M
Deferred Revenue$2M$41M$44M$46M$0
Other Current Liabilities$593M$803M$993M$1.1B$960M
Total Current Liabilities$929M$1.2B$1.5B$1.7B$1.8B
Long-Term Debt$1.2B$1.3B$1.3B$1.3B$1.9B
Other Non-Current Liab.$155M$151M$220M$294M$219M
Total Non-Current Liabilities$1.5B$1.5B$1.6B$1.6B$2.1B
Total Liabilities$2.4B$2.7B$3.1B$3.3B$3.9B
— Equity —
Common Stock$80K$84K$85K$87K$91K
Retained Earnings-$3.8B-$5.1B-$5.9B-$6.4B-$6.4B
Accumulated OCI$36M$36M$36M$36M$36M
Total Stockholders Equity$1.7B$1.3B$840M$1.0B$631M
Total Liabilities & Equity$4.1B$4.0B$3.9B$4.3B$4.5B
— Key Metrics —
Total Debt$1.3B$1.3B$1.3B$1.3B$1.9B
Net Debt-$834M$16M$76M$547M$330M
Total Investments$10M$10M$10M$13M$19M

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms