DraftKings (DKNG) Convertible Debt (2021 - 2026)
DraftKings (DKNG) posted quarterly Convertible Debt of $1.3 billion for Q1 2026, little changed year-over-year from $1.3 billion in Q1 2025, and little changed quarter-over-quarter from $1.3 billion in Q4 2025.
DraftKings (DKNG) Convertible Debt (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Convertible Debt for 6 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Convertible Debt changed 0.21% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $1.3 billion (changed 0.21% YoY), while the FY2025 annual figure was $1.3 billion, changed 0.21% from the prior year.
- Convertible Debt was little changed at $1.3 billion in Q1 2026 per DKNG's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Convertible Debt topped out at $1.3 billion in Q1 2026 and bottomed at $1.2 billion in Q1 2022.
- Historically, Convertible Debt has averaged $1.3 billion across 5 years, with a median of $1.3 billion in 2024.
- Annual changes were most pronounced in 2024 — Convertible Debt climbed 0.21% — and 2025, when it climbed 0.21%.
- DraftKings' Convertible Debt stood at $1.3 billion in 2022, then grew by 0.21% to $1.3 billion in 2023, then increased by 0.21% to $1.3 billion in 2024, then rose by 0.21% to $1.3 billion in 2025, then advanced by 0.05% to $1.3 billion in 2026.
- Business Quant data shows DKNG's Convertible Debt at $1.3 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.26 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.26 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.25 Bn |
| Jun 30, 2022 | 1.25 Bn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 1.25 Bn |