DraftKings Inc. (DKNG) Income Tax Expense
The tax expense for DraftKings Inc. (DKNG) is $4.27 Million with a year-over-year change of +104.95%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
DKNG Tax Expense Chart
Current Tax Expense
$4.27M
$4.27 Million
Year-over-Year Change
+104.95%
vs. $-86.34M prior year
Historical Data
9
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $4.27M | +$90.61M | +104.95% |
| 2024 | $-86.34M | $-96.51M | -948.98% |
| 2023 | $10.17M | +$78.04M | +114.99% |
| 2022 | $-67.87M | $-76.14M | -920.73% |
| 2021 | $8.27M | +$8.89M | +1429.42% |
| 2020 | $-622,000 | $-680,000 | -1172.41% |
| 2019 | $58,000 | $-47,000 | -44.76% |
| 2018 | $105,000 | $-105,000 | -50.00% |
| 2017 | $210,000 | — | — |
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