Growth Metrics

DraftKings (DKNG) EBT Margin (2021 - 2025)

DraftKings (DKNG) has disclosed EBT Margin for 5 consecutive years, with 7.39% as the latest value for Q4 2025.

  • On a quarterly basis, EBT Margin rose 1784.0% to 7.39% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.12%, a 1256.0% increase, with the full-year FY2025 number at 0.12%, up 1256.0% from a year prior.
  • EBT Margin was 7.39% for Q4 2025 at DraftKings, up from 23.65% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 11.23% in Q2 2025 to a low of 254.2% in Q3 2021.
  • A 5-year average of 49.27% and a median of 27.06% in 2024 define the central range for EBT Margin.
  • Peak YoY movement for EBT Margin: soared 16509bps in 2022, then tumbled -740bps in 2024.
  • DraftKings' EBT Margin stood at 68.23% in 2021, then soared by 60bps to 27.2% in 2022, then soared by 89bps to 3.05% in 2023, then plummeted by -243bps to 10.45% in 2024, then soared by 171bps to 7.39% in 2025.
  • Per Business Quant, the three most recent readings for DKNG's EBT Margin are 7.39% (Q4 2025), 23.65% (Q3 2025), and 11.23% (Q2 2025).