DraftKings (DKNG) Common Equity (2021 - 2026)
DraftKings (DKNG) posted quarterly Common Equity of $605.0 million for Q1 2026, down 30.69% year-over-year from $872.9 million in Q1 2025, and down 4.18% quarter-over-quarter from $631.5 million in Q4 2025.
DraftKings (DKNG) Common Equity (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Common Equity for 6 consecutive years, with $605.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Common Equity fell 30.69% year-over-year to $605.0 million; the TTM figure through Mar 2026 stood at $605.0 million (down 30.69% YoY), while the FY2025 annual figure was $631.5 million, down 37.52% from the prior year.
- Common Equity slipped to $605.0 million in Q1 2026 per DKNG's latest filing, from $631.5 million in the prior quarter.
- Across five years, Common Equity topped out at $1.8 billion in Q2 2022 and bottomed at $605.0 million in Q1 2026.
- Historically, Common Equity has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2024.
- Annual changes were most pronounced in 2023 — Common Equity slumped 44.16% — and 2024, when it jumped 34.28%.
- DraftKings' Common Equity stood at $1.3 billion in 2022, then plunged by 36.47% to $840.3 million in 2023, then increased by 20.27% to $1.0 billion in 2024, then slumped by 37.52% to $631.5 million in 2025, then declined by 4.18% to $605.0 million in 2026.
- Business Quant data shows DKNG's Common Equity at $605.0 million in Q1 2026, $631.5 million in Q4 2025, and $732.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn | 8.98 Bn |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | 569.43 Mn |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | 724.00 Mn |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 1.34 Bn |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 338.89 Mn |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | 2.11 Bn |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 283.86 Mn |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | 33.41 Mn |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | -15.60 Mn |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | 104.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 569.43 Mn |
| Mar 31, 2026 | 605.05 Mn |
| Dec 31, 2025 | 631.46 Mn |
| Sep 30, 2025 | 732.29 Mn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 872.92 Mn |
| Dec 31, 2024 | 1.01 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 830.98 Mn |
| Dec 31, 2023 | 840.31 Mn |
| Sep 30, 2023 | 801.42 Mn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.76 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.68 Bn |
| Sep 30, 2021 | 1.83 Bn |