DraftKings (DKNG) Cost of Revenue (2021 - 2026)

DraftKings (DKNG) has 6 years of Cost of Revenue data on file, last reported at $949.4 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 12.51% year-over-year to $949.4 million in Q1 2026; TTM through Mar 2026 was $3.7 billion, a 18.75% increase from a year earlier, with the FY2025 full-year figure at $3.6 billion, up 20.55% from the prior year.
• Cost of Revenue for Q1 2026 stood at $949.4 million, down from $1.1 billion in the prior quarter.
• Over the last five years, Cost of Revenue for DKNG reached as high as $1.1 billion in Q4 2025 and fell as low as $312.8 million in Q2 2022.
• Historically, Cost of Revenue has averaged $660.8 million across 5 years, with a median of $710.1 million in 2024.
• Across the five-year window, Cost of Revenue surged 118.27% in 2022 and advanced 5.61% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $485.4 million in 2022, then soared by 47.63% to $716.7 million in 2023, then increased by 16.46% to $834.6 million in 2024, then grew by 28.74% to $1.1 billion in 2025, then slipped by 11.64% to $949.4 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $949.4 million in Q1 2026, $1.1 billion in Q4 2025, and $784.1 million in Q3 2025.