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.

• Cost of Revenue for Q1 2026 came in at $949.4 million, up 12.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.2 billion (up 94.19% YoY), and the FY2025 annual result was $3.6 billion, up 20.55% from the prior year.
• Cost of Revenue retreated to $949.4 million in Q1 2026 per DKNG's latest filing, from $2.6 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $2.6 billion in Q4 2025 and troughed at $312.8 million in Q2 2022.
• A 5-year average of $728.5 million and a median of $663.4 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 432.82% in 2022, then tumbled 37.45% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $485.4 million in 2022, then soared by 47.63% to $716.7 million in 2023, then advanced by 16.46% to $834.6 million in 2024, then jumped by 213.87% to $2.6 billion in 2025, then sank by 63.76% to $949.4 million in 2026.
• Business Quant data shows DKNG's Cost of Revenue at $949.4 million in Q1 2026, $2.6 billion in Q4 2025, and $784.1 million in Q3 2025.