DraftKings Inc. (DKNG) Interest Expense
The interest expense for DraftKings Inc. (DKNG) is $19.94 Million with a year-over-year change of +573.91%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
DKNG Interest Expense Chart
Current Interest Expense
$19.94M
$19.94 Million
Year-over-Year Change
+573.91%
vs. $2.96M prior year
Historical Data
9
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $19.94M | +$16.98M | +573.91% |
| 2024 | $2.96M | +$280,000 | +10.45% |
| 2023 | $2.68M | +$28,000 | +1.06% |
| 2022 | $2.65M | +$542,000 | +25.70% |
| 2021 | $2.11M | +$1.04M | +97.10% |
| 2020 | $1.07M | +$1.07M | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | $-1.54M | -100.00% |
| 2017 | $1.54M | — | — |
About DraftKings Inc.
DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- Jason D. Robins