DraftKings (DKNG) EBT Margin (2021 - 2026)
DraftKings (DKNG) reported EBT Margin of 1.39% for Q1 2026, up 419.0% year-over-year from 0.27% in Q1 2025, and down 81.16% on a QoQ basis from 7.39% in Q4 2025.
DraftKings (DKNG) has 6 years of EBT Margin data on file, last reported at 1.39% in Q1 2026.
- Quarterly EBT Margin rose 419.0% year-over-year to 1.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.1% (up 1089.0% YoY) and the FY2025 annual result came in at 0.12%, up 1256.0% from the prior year.
- EBT Margin fell to 1.39% in Q1 2026 per DKNG's latest filing, from 7.39% in the prior quarter.
- Across five years, EBT Margin topped out at 11.23% in Q2 2025 and bottomed at 111.43% in Q1 2022.
- The 5-year median for EBT Margin is 12.19% (2024), against an average of 26.32%.
- The widest annual swing landed in 2022, when EBT Margin jumped 16509 bps; it then slumped 740 bps in 2024.
- Tracing DKNG's EBT Margin over 5 years: stood at 27.2% in 2022, then soared by 89 bps to 3.05% in 2023, then slumped by 243 bps to 10.45% in 2024, then soared by 171 bps to 7.39% in 2025, then sank by 81 bps to 1.39% in 2026.
- Per Business Quant, the three latest DKNG EBT Margin figures stand at 1.39% (Q1 2026), 7.39% (Q4 2025), and 23.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 5.44% |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 1.39% |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 17.04% |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 12.36% |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 5.70% |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -2.11% |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -2.10% |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39% |
| Dec 31, 2025 | 7.39% |
| Sep 30, 2025 | -23.65% |
| Jun 30, 2025 | 11.23% |
| Mar 31, 2025 | -2.80% |
| Dec 31, 2024 | -10.45% |
| Sep 30, 2024 | -26.92% |
| Jun 30, 2024 | -0.86% |
| Mar 31, 2024 | -12.19% |
| Dec 31, 2023 | -3.05% |
| Sep 30, 2023 | -35.67% |
| Jun 30, 2023 | -8.72% |
| Mar 31, 2023 | -51.41% |
| Dec 31, 2022 | -27.20% |
| Sep 30, 2022 | -89.11% |
| Jun 30, 2022 | -63.98% |
| Mar 31, 2022 | -111.43% |
| Dec 31, 2021 | -68.23% |
| Sep 30, 2021 | -254.20% |
| Jun 30, 2021 | -101.79% |
| Mar 31, 2021 | -112.33% |