DraftKings (DKNG) EBT (2021 - 2026)
DraftKings (DKNG) reported EBT of $22.9 million for Q1 2026, up 158.15% year-over-year from $8.9 million in Q1 2025, and down 84.41% quarter-over-quarter from $147.0 million in Q4 2025.
DraftKings (DKNG) EBT (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has 6 years of EBT data on file, last reported at $22.9 million in Q1 2026.
- EBT for Q1 2026 came in at $22.9 million, up 158.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $69.4 million (up 114.17% YoY), and the FY2025 annual result was $7.0 million, up 101.18% from the prior year.
- EBT retreated to $22.9 million in Q1 2026 per DKNG's latest filing, from $147.0 million in the prior quarter.
- Over five years, EBT peaked at $169.9 million in Q2 2025 and troughed at -$464.9 million in Q1 2022.
- A 5-year average of -$164.6 million and a median of -$145.5 million in 2024 frame the typical range for EBT.
- The sharpest annual moves came in 2024 and 2025: EBT sank 288.18% in 2024, then surged 1886.91% in 2025.
- A 5-year view of EBT shows it stood at -$232.6 million in 2022, then jumped by 83.88% to -$37.5 million in 2023, then slumped by 288.18% to -$145.5 million in 2024, then jumped by 201.02% to $147.0 million in 2025, then sank by 84.41% to $22.9 million in 2026.
- Business Quant data shows DKNG's EBT at $22.9 million in Q1 2026, $147.0 million in Q4 2025, and -$270.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 19.50 Bn | 18.41 Bn | 1.84 Bn | 234.00 Mn |
| 2 | DraftKings | 14.35 Bn | 13.34 Bn | 696.69 Mn | 22.92 Mn |
| 3 | Churchill Downs | 6.09 Bn | 5.94 Bn | 475.00 Mn | 113.00 Mn |
| 4 | Rush Street Interactive | 3.02 Bn | 2.85 Bn | 132.17 Mn | 45.78 Mn |
| 5 | Brightstar Lottery | 2.21 Bn | 1.97 Bn | 553.00 Mn | 92.00 Mn |
| 6 | Accel Entertainment | 1.09 Bn | 823.10 Mn | 109.94 Mn | 20.04 Mn |
| 7 | Codere Online Luxembourg | 520.93 Mn | 451.51 Mn | - | - |
| 8 | Bragg Gaming | 252.59 Mn | 244.84 Mn | 18.22 Mn | -14.20 Mn |
| 9 | Inspired Entertainment | 243.39 Mn | 199.89 Mn | 54.60 Mn | -1.20 Mn |
| 10 | High Roller Technologies | 54.05 Mn | 51.39 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.92 Mn |
| Dec 31, 2025 | 147.03 Mn |
| Sep 30, 2025 | -270.51 Mn |
| Jun 30, 2025 | 169.92 Mn |
| Mar 31, 2025 | -39.42 Mn |
| Dec 31, 2024 | -145.54 Mn |
| Sep 30, 2024 | -294.87 Mn |
| Jun 30, 2024 | -9.51 Mn |
| Mar 31, 2024 | -143.25 Mn |
| Dec 31, 2023 | -37.49 Mn |
| Sep 30, 2023 | -281.80 Mn |
| Jun 30, 2023 | -76.30 Mn |
| Mar 31, 2023 | -395.66 Mn |
| Dec 31, 2022 | -232.57 Mn |
| Sep 30, 2022 | -447.27 Mn |
| Jun 30, 2022 | -298.25 Mn |
| Mar 31, 2022 | -464.87 Mn |
| Dec 31, 2021 | -322.95 Mn |
| Sep 30, 2021 | -540.98 Mn |
| Jun 30, 2021 | -302.93 Mn |