DraftKings Results Presentation Deck
RECONCILIATION OF GAAP OPERATING EXPENSES TO NON-GAAP
OPERATING EXPENSES
($ in millions) (¹)
GAAP Operating Expenses
Cost of Revenue
Sales and Marketing
General and Administrative
Product and Technology
Total GAAP Operating Expenses
Non-GAAP Operating Expense
Adjustments
Cost of Revenue
Sales and Marketing
General and Administrative
(1)
Product and Technology
Total Non-GAAP Operating Expense
Adjustments
Adjusted Operating Expenses
Cost of Revenue
Sales and Marketing
General and Administrative
Product and Technology
Total Adjusted Operating Expenses
Totals may not sum due to rounding.
(a)
(b)
(d)
(a)
(d)
(a)
(c)
(d)
(e)
(a)
(d)
30-Sep-22 30-Jun-22 31-Mar-22 31-Dec-21 30-Sep-21 30-Jun-21 31-Mar-21
$373
$322
$186
$76
$957
($1)
($30)
($12)
($10)
($1)
($92)
($1)
($2)
($1)
($17)
($23)
($1)
($191)
$330
$311
$74
$52
$766
$313
$198
$188
$77
$775
($1)
($27)
($10)
($12)
($1)
($98)
($11)
($2)
($2)
($0)
($24)
($3)
($191)
$275
$185
$75
$50
$584
$313
$321
$217
$81
$933
($1)
($19)
($9)
($14)
($1)
($144)
($4)
($2)
($2)
($1)
($28)
($2)
($226)
$284
$307
$64
$52
$707
$253
$278
$241
$70
$842
($1)
($20)
($9)
($15)
($0)
($142)
($10)
($1)
($1)
($13)
($26)
($1)
($241)
$223
$263
$74
$42
$601
$171
$304
$220
$65
$759
($2)
($20)
($7)
($14)
($0)
($134)
($4)
($1)
($5)
($18)
($26)
($1)
($233)
$142
$289
$58
$38
$526
$187
$171
$199
$63
$619
($1)
($21)
($7)
($14)
($0)
($132)
($8)
($1)
($4)
($13)
($25)
($1)
($226)
$159
$157
$41
$36
$393
$183
$229
$169
$56
$637
($1)
($19)
($7)
($9)
($0)
($122)
($3)
($1)
($1)
($2)
($20)
($1)
($186)
$157
$220
$41
$34
$452
(a) Stock-based compensation
expense
Amortization of acquired
intangible assets
(b)
(c) Transaction expenses
(d) Depreciation & amortization
(e) Litigation
(f) OtherView entire presentation