DraftKings Inc. Annual Amortization of Intangible Assets in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
DraftKings Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • DraftKings Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $56.3M, a 30.9% increase year-over-year.
  • DraftKings Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $198M, a 16.4% increase year-over-year.
  • DraftKings Inc. annual Amortization of Intangible Assets for 2023 was $181M, a 20.1% increase from 2022.
  • DraftKings Inc. annual Amortization of Intangible Assets for 2022 was $151M, a 40.4% increase from 2021.
  • DraftKings Inc. annual Amortization of Intangible Assets for 2021 was $107M, a 57.6% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $181M +$30.3M +20.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-16
2022 $151M +$43.3M +40.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-16
2021 $107M +$39.2M +57.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-16
2020 $68.1M Jan 1, 2020 Dec 31, 2020 10-K 2023-02-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.