DraftKings (DKNG) EBITDA Margin (2021 - 2026)
DraftKings' (DKNG) quarterly EBITDA Margin came in at 0.36% in Q1 2026, up 364.0% year-on-year from 0.08% in Q1 2025, and down 95.34% on a QoQ basis from 7.63% in Q4 2025.
DraftKings (DKNG) EBITDA Margin (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has 6 years of EBITDA Margin data on file, last reported at 0.36% in Q1 2026.
- On a quarterly basis, EBITDA Margin rose 364.0% year-over-year to 0.36% in Q1 2026; TTM through Mar 2026 was 0.58%, a 1090.0% increase from a year earlier, with the FY2025 full-year figure at 0.26%, up 1251.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 0.36%, down from 7.63% in the prior quarter.
- Over the last five years, EBITDA Margin for DKNG reached as high as 9.96% in Q2 2025 and fell as low as 123.58% in Q1 2022.
- Historically, EBITDA Margin has averaged 27.48% across 5 years, with a median of 11.82% in 2024.
- On a YoY basis, EBITDA Margin climbed as much as 16614 bps in 2022 and fell as far as 1957 bps in 2022.
- Year by year, EBITDA Margin stood at 27.16% in 2022, then surged by 87 bps to 3.56% in 2023, then tumbled by 181 bps to 9.99% in 2024, then jumped by 176 bps to 7.63% in 2025, then slumped by 95 bps to 0.36% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 0.36% in Q1 2026, 7.63% in Q4 2025, and 23.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 1.84% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 0.36% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | 24.84% |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 21.57% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 11.55% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 40.37% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 7.70% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 16.08% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -48.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36% |
| Dec 31, 2025 | 7.63% |
| Sep 30, 2025 | -23.77% |
| Jun 30, 2025 | 9.96% |
| Mar 31, 2025 | -3.29% |
| Dec 31, 2024 | -9.99% |
| Sep 30, 2024 | -27.26% |
| Jun 30, 2024 | -2.93% |
| Mar 31, 2024 | -11.82% |
| Dec 31, 2023 | -3.56% |
| Sep 30, 2023 | -36.28% |
| Jun 30, 2023 | -7.89% |
| Mar 31, 2023 | -50.64% |
| Dec 31, 2022 | -27.16% |
| Sep 30, 2022 | -90.65% |
| Jun 30, 2022 | -66.27% |
| Mar 31, 2022 | -123.58% |
| Dec 31, 2021 | -77.91% |
| Sep 30, 2021 | -256.80% |
| Jun 30, 2021 | -108.05% |