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DraftKings (LTS:0ABA) Current Accrued Expense : $577 Mil (As of Mar. 2025)


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What is DraftKings Current Accrued Expense?

DraftKings's Current Accrued Expense for the quarter that ended in Mar. 2025 was $577 Mil.

DraftKings's quarterly Current Accrued Expense declined from Sep. 2024 ($701 Mil) to Dec. 2024 ($344 Mil) but then increased from Dec. 2024 ($344 Mil) to Mar. 2025 ($577 Mil).

DraftKings's annual Current Accrued Expense increased from Dec. 2022 ($317 Mil) to Dec. 2023 ($351 Mil) but then declined from Dec. 2023 ($351 Mil) to Dec. 2024 ($344 Mil).


DraftKings Current Accrued Expense Historical Data

The historical data trend for DraftKings's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DraftKings Current Accrued Expense Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Accrued Expense
Get a 7-Day Free Trial 127.60 219.01 317.21 350.51 343.60

DraftKings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 605.88 573.51 700.72 343.60 577.08

DraftKings Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.


DraftKings Current Accrued Expense Related Terms

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DraftKings Business Description

Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 28 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

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