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.

• Quarterly Cost of Revenue rose 12.51% year-over-year to $949.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.2 billion (up 94.19% YoY) and the FY2025 annual result came in at $3.6 billion, up 20.55% from the prior year.
• Cost of Revenue slipped to $949.4 million in Q1 2026 per DKNG's latest filing, from $2.6 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.6 billion in Q4 2025 and bottomed at $312.8 million in Q2 2022.
• The 5-year median for Cost of Revenue is $663.4 million (2024), against an average of $728.5 million.
• The widest annual swing landed in 2022, when Cost of Revenue soared 432.82%; it then sank 37.45% in 2024.
• Tracing DKNG's Cost of Revenue over 5 years: stood at $485.4 million in 2022, then jumped by 47.63% to $716.7 million in 2023, then rose by 16.46% to $834.6 million in 2024, then surged by 213.87% to $2.6 billion in 2025, then tumbled by 63.76% to $949.4 million in 2026.
• Per Business Quant, the three latest DKNG Cost of Revenue figures stand at $949.4 million (Q1 2026), $2.6 billion (Q4 2025), and $784.1 million (Q3 2025).

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