DraftKings (DKNG) EBITDA (2021 - 2026)
DraftKings' EBITDA came in at $12.17 million for Q2 2026, down 94.4% from $215.94 million a year earlier and down 84.3% from the prior quarter.
DraftKings (DKNG) EBITDA (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, DraftKings reported EBITDA of $109.62 million; for FY2025, it was $259.67 million.
- Going back by year, EBITDA was -$338.15 million in FY2024, -$587.31 million in FY2023, -$1.34 billion in FY2022 and -$1.44 billion in FY2021.
- The five-year range for quarterly EBITDA is -$516.16 million (Q3 2021) to $225.76 million (Q4 2025).
- Business Quant data shows DKNG's EBITDA at $77.51 million (Q1 2026), $225.76 million (Q4 2025) and -$205.82 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.54 Bn | 10.64 Bn | 1.48 Bn | 1.01 Bn |
| 2 | Flutter Entertainment | 13.66 Bn | 7.03 Bn | 1.71 Bn | 255.00 Mn |
| 3 | DraftKings | 10.19 Bn | 5.85 Bn | 551.45 Mn | 12.17 Mn |
| 4 | Madison Square Garden Sports | 9.99 Bn | 9.58 Bn | 119.21 Mn | 32.94 Mn |
| 5 | Life Time Group Holdings | 9.09 Bn | 8.33 Bn | 412.26 Mn | 233.99 Mn |
| 6 | Wynn Resorts | 7.77 Bn | 2.06 Bn | 758.95 Mn | 473.82 Mn |
| 7 | MGM Resorts International | 7.33 Bn | -1.71 Bn | 1.98 Bn | 792.27 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 340.00 Mn |
| 9 | Caesars Entertainment | 5.90 Bn | 2.34 Bn | 1.50 Bn | 868.00 Mn |
| 10 | Churchill Downs | 5.79 Bn | 5.02 Bn | 419.00 Mn | 416.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.17 Mn |
| Mar 31, 2026 | 77.51 Mn |
| Dec 31, 2025 | 225.76 Mn |
| Sep 30, 2025 | -205.82 Mn |
| Jun 30, 2025 | 215.94 Mn |
| Mar 31, 2025 | 23.79 Mn |
| Dec 31, 2024 | -73.08 Mn |
| Sep 30, 2024 | -208.64 Mn |
| Jun 30, 2024 | 29.24 Mn |
| Mar 31, 2024 | -85.66 Mn |
| Dec 31, 2023 | 11.39 Mn |
| Sep 30, 2023 | -236.52 Mn |
| Jun 30, 2023 | -20.78 Mn |
| Mar 31, 2023 | -341.57 Mn |
| Dec 31, 2022 | -183.60 Mn |
| Sep 30, 2022 | -408.89 Mn |
| Jun 30, 2022 | -266.61 Mn |
| Mar 31, 2022 | -483.36 Mn |
| Dec 31, 2021 | -336.22 Mn |
| Sep 30, 2021 | -516.16 Mn |
DraftKings EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=DKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();