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% quarter-over-quarter from 7.39% in Q4 2025.
DraftKings (DKNG) EBT Margin (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has 6 years of EBT Margin data on file, last reported at 1.39% in Q1 2026.
- EBT Margin for Q1 2026 came in at 1.39%, up 419.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.1% (up 1089.0% YoY), and the FY2025 annual result was 0.12%, up 1256.0% from the prior year.
- EBT Margin declined to 1.39% in Q1 2026 per DKNG's latest filing, from 7.39% in the prior quarter.
- Over five years, EBT Margin peaked at 11.23% in Q2 2025 and troughed at 111.43% in Q1 2022.
- A 5-year average of 26.32% and a median of 12.19% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin soared 16509 bps in 2022, then plunged 740 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 27.2% in 2022, then surged by 89 bps to 3.05% in 2023, then plunged by 243 bps to 10.45% in 2024, then surged by 171 bps to 7.39% in 2025, then tumbled by 81 bps to 1.39% in 2026.
- Business Quant data shows DKNG's EBT Margin at 1.39% in Q1 2026, 7.39% in Q4 2025, and 23.65% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 5.44% |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 1.39% |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 17.04% |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 12.36% |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 15.67% |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 5.70% |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -44.05% |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | -2.10% |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 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% |