Growth Metrics

DraftKings (DKNG) EBITDA Margin (2021 - 2025)

DraftKings (DKNG) has disclosed EBITDA Margin for 5 consecutive years, with 7.63% as the latest value for Q4 2025.

  • On a quarterly basis, EBITDA Margin rose 1762.0% to 7.63% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.26%, a 1251.0% increase, with the full-year FY2025 number at 0.26%, up 1251.0% from a year prior.
  • EBITDA Margin was 7.63% for Q4 2025 at DraftKings, up from 23.77% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 9.96% in Q2 2025 to a low of 256.8% in Q3 2021.
  • A 5-year average of 50.71% and a median of 27.21% in 2022 define the central range for EBITDA Margin.
  • Biggest YoY gain for EBITDA Margin was 16614bps in 2022; the steepest drop was -1957bps in 2022.
  • DraftKings' EBITDA Margin stood at 77.91% in 2021, then soared by 65bps to 27.16% in 2022, then soared by 87bps to 3.56% in 2023, then crashed by -181bps to 9.99% in 2024, then surged by 176bps to 7.63% in 2025.
  • Per Business Quant, the three most recent readings for DKNG's EBITDA Margin are 7.63% (Q4 2025), 23.77% (Q3 2025), and 9.96% (Q2 2025).