DraftKings (DKNG) EBT (2021 - 2026)
DraftKings (DKNG) posted quarterly 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 reported EBT for 6 consecutive years, with $22.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT rose 158.15% year-over-year to $22.9 million; the TTM figure through Mar 2026 stood at $69.4 million (up 114.17% YoY), while the FY2025 annual figure was $7.0 million, up 101.18% from the prior year.
- EBT declined to $22.9 million in Q1 2026 per DKNG's latest filing, from $147.0 million in the prior quarter.
- Across five years, EBT topped out at $169.9 million in Q2 2025 and bottomed at -$464.9 million in Q1 2022.
- Historically, EBT has averaged -$164.6 million across 5 years, with a median of -$145.5 million in 2024.
- Annual changes were most pronounced in 2024 — EBT sank 288.18% — and 2025, when it surged 1886.91%.
- DraftKings' EBT stood at -$232.6 million in 2022, then surged by 83.88% to -$37.5 million in 2023, then tumbled by 288.18% to -$145.5 million in 2024, then surged by 201.02% to $147.0 million in 2025, then slumped 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 | 17.48 Bn | 15.91 Bn | 1.71 Bn | -299.00 Mn |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | -71.86 Mn |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | 122.00 Mn |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 328.00 Mn |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 49.66 Mn |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | 92.00 Mn |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 18.38 Mn |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | 600,000.00 |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | -4.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -71.86 Mn |
| 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 |