2024 Q3 Form 10-Q Financial Statement

#000188368524000036 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $1.095B
YoY Change 38.68%
Cost Of Revenue $742.4M
YoY Change 36.61%
Gross Profit $353.1M
YoY Change 43.23%
Gross Profit Margin 32.23%
Selling, General & Admin $548.1M
YoY Change 23.42%
% of Gross Profit 155.24%
Research & Development $103.6M
YoY Change 16.38%
% of Gross Profit 29.34%
Depreciation & Amortization $89.95M
YoY Change 79.04%
% of Gross Profit 25.48%
Operating Expenses $548.1M
YoY Change 23.42%
Operating Profit -$298.6M
YoY Change 4.19%
Interest Expense $8.328M
YoY Change 1142.99%
% of Operating Profit
Other Income/Expense, Net -$4.620M
YoY Change 279.62%
Pretax Income -$294.9M
YoY Change 4.63%
Income Tax -$1.287M
% Of Pretax Income
Net Earnings -$293.7M
YoY Change 3.74%
Net Earnings / Revenue -26.81%
Basic Earnings Per Share -$0.60
Diluted Earnings Per Share -$0.60
COMMON SHARES
Basic Shares Outstanding 486.2M shares
Diluted Shares Outstanding 486.2M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.143B
YoY Change -28.02%
Cash & Equivalents $877.8M
Short-Term Investments
Other Short-Term Assets $95.01M
YoY Change -33.6%
Inventory
Prepaid Expenses
Receivables $64.40M
Other Receivables $341.8M
Total Short-Term Assets $1.644B
YoY Change -16.47%
LONG-TERM ASSETS
Property, Plant & Equipment $52.92M
YoY Change -18.49%
Goodwill $1.456B
YoY Change 64.27%
Intangibles $891.9M
YoY Change 24.06%
Long-Term Investments $12.60M
YoY Change 30.82%
Other Assets $132.3M
YoY Change -3.04%
Total Long-Term Assets $2.629B
YoY Change 38.84%
TOTAL ASSETS
Total Short-Term Assets $1.644B
Total Long-Term Assets $2.629B
Total Assets $4.273B
YoY Change 10.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.7M
YoY Change 17.95%
Accrued Expenses $11.28M
YoY Change -6.8%
Deferred Revenue $179.0M
YoY Change -25.17%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.647B
YoY Change 7.74%
LONG-TERM LIABILITIES
Long-Term Debt $1.256B
YoY Change 0.21%
Other Long-Term Liabilities $119.3M
YoY Change 49.79%
Total Long-Term Liabilities $119.3M
YoY Change 49.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.647B
Total Long-Term Liabilities $119.3M
Total Liabilities $3.197B
YoY Change 4.47%
SHAREHOLDERS EQUITY
Retained Earnings -$6.306B
YoY Change 7.08%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.076B
YoY Change
Total Liabilities & Shareholders Equity $4.273B
YoY Change 10.66%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$293.7M
YoY Change 3.74%
Depreciation, Depletion And Amortization $89.95M
YoY Change 79.04%
Cash From Operating Activities $133.6M
YoY Change -8.12%
INVESTING ACTIVITIES
Capital Expenditures $29.69M
YoY Change -4.07%
Acquisitions
YoY Change
Other Investing Activities -$1.961M
YoY Change -78.24%
Cash From Investing Activities -$31.65M
YoY Change -20.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.90M
YoY Change 49.31%
NET CHANGE
Cash From Operating Activities 133.6M
Cash From Investing Activities -31.65M
Cash From Financing Activities -18.90M
Net Change In Cash 83.03M
YoY Change -10.49%
FREE CASH FLOW
Cash From Operating Activities $133.6M
Capital Expenditures $29.69M
Free Cash Flow $103.9M
YoY Change -9.21%

Facts In Submission

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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1111596000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-191245000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1778825000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1156515000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1587580000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
877822000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1111596000 usd
CY2023Q3 us-gaap Restricted Cash Current
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0 usd
CY2024Q3 dkng Cash Reserved For Users Current
CashReservedForUsersCurrent
264886000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1778825000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1156515000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1587580000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
877822000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1111596000 usd
CY2024Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
13807000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q3 dkng Cash Reserved For Users Current
CashReservedForUsersCurrent
475984000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1156515000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1587580000 usd
dkng Investing Activities Included In Accounts Payable And Accrued Expenses
InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses
1788000 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
46416000 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
1812000 usd
dkng Increase Decrease In Cash Reserved For Users
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6331000 usd
dkng Investing Activities Included In Accounts Payable And Accrued Expenses
InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses
1788000 usd
dkng Investing Activities Included In Accounts Payable And Accrued Expenses
InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses
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us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
331557000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
46416000 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
1812000 usd
dkng Investing Activities Included In Accounts Payable And Accrued Expenses
InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses
1788000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
331557000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
46416000 usd
dkng Decrease Of Warrant Liabilities From Warrant Exercises
DecreaseOfWarrantLiabilitiesFromWarrantExercises
1812000 usd
dkng Increase Decrease In Cash Reserved For Users
IncreaseDecreaseInCashReservedForUsers
-76404000 usd
dkng Increase Decrease In Cash Reserved For Users
IncreaseDecreaseInCashReservedForUsers
-76404000 usd
dkng Increase Decrease In Cash Reserved For Users
IncreaseDecreaseInCashReservedForUsers
6331000 usd
CY2024Q3 dkng Number Of Jurisdictions With Legalized Sports Betting In Which Company Operates
NumberOfJurisdictionsWithLegalizedSportsBettingInWhichCompanyOperates
26 jurisdiction
CY2024Q3 dkng Number Of Jurisdictions With Legalized Sports Betting In Which Company Operates
NumberOfJurisdictionsWithLegalizedSportsBettingInWhichCompanyOperates
26 jurisdiction
CY2024Q3 dkng Number Of Jurisdictions With Legalized Sports Betting In Which Company Operates
NumberOfJurisdictionsWithLegalizedSportsBettingInWhichCompanyOperates
26 jurisdiction
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1529403000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1529403000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
889026000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1532287000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
891910000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1185706000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
687736000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1188590000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
690620000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1529403000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
889026000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1532287000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
891910000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
687736000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1188590000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
690620000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
188200000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
131200000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
65662000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
217796000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
180233000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
151030000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
92068000 usd
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Goodwill
886373000 usd
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GoodwillAcquiredDuringPeriod
569636000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
1456009000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
82800000 usd
CY2023Q4 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
71200000 usd
CY2024Q3 us-gaap Warrants And Rights Outstanding
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25400000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
889026000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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1532287000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
640377000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
891910000 usd
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FiniteLivedIntangibleAssetsGross
1185706000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
687736000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1188590000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
497970000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
690620000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
188200000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45100000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
65662000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
217796000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
180233000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
151030000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
92068000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
886373000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
569636000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
1456009000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
82800000 usd
CY2023Q4 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
71200000 usd
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WarrantsAndRightsOutstanding
25400000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
117490000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
174212000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
188200000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
131200000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
65662000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
217796000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
180233000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
151030000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
92068000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
886373000 usd
us-gaap Goodwill Acquired During Period
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569636000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
1456009000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
82800000 usd
CY2023Q4 dkng Estimated Liability For Indirect Taxes
EstimatedLiabilityForIndirectTaxes
71200000 usd
CY2024Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
25400000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
117490000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
105478000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
174212000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
133851000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
239225000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
239225000 usd
CY2024Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
81146000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
85122000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
169402000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
133054000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
117490000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
105478000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
174212000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
239225000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2024Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
81146000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
85122000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
169402000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
133054000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1095490000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
789957000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2434536000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
47500000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
51100000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
27800000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
55200000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
9200000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
7717000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2260000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
54423000 shares
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
691200000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2024Q3 dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
1632000 usd
CY2024Q3 dkng Allocated Share Based Compensation Expense Share Based Awards Other Than Options
AllocatedShareBasedCompensationExpenseShareBasedAwardsOtherThanOptions
85920000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
87552000 usd
CY2023Q3 dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
1849000 usd
CY2023Q3 dkng Allocated Share Based Compensation Expense Share Based Awards Other Than Options
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76504000 usd
dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
11610000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
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239225000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179019000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
239225000 usd
CY2024Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
81146000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
85122000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
133054000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1095490000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
789957000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2434536000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
47500000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
64400000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
51100000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
27800000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
55200000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
9200000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
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7717000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2260000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
54423000 shares
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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691200000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y6M
CY2024Q3 dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
1632000 usd
CY2024Q3 dkng Allocated Share Based Compensation Expense Share Based Awards Other Than Options
AllocatedShareBasedCompensationExpenseShareBasedAwardsOtherThanOptions
85920000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
87552000 usd
CY2023Q3 dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
1849000 usd
CY2023Q3 dkng Allocated Share Based Compensation Expense Share Based Awards Other Than Options
AllocatedShareBasedCompensationExpenseShareBasedAwardsOtherThanOptions
76504000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
78353000 usd
dkng Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
11610000 usd
dkng Allocated Share Based Compensation Expense Share Based Awards Other Than Options
AllocatedShareBasedCompensationExpenseShareBasedAwardsOtherThanOptions
259697000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
271307000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1095490000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3374927000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
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128697000 usd
CY2024Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
174441000 usd
CY2024Q3 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
109959000 usd
CY2024Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
88211000 usd
CY2024Q3 dkng Other Commitment To Be Paid Due After Year Four
OtherCommitmentToBePaidDueAfterYearFour
181979000 usd
CY2024Q3 us-gaap Other Commitment
OtherCommitment
1031642000 usd
CY2024Q3 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2024Q3 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
200000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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