DraftKings (DKNG) EBT Margin (2021 - 2026)
DraftKings' (DKNG) quarterly EBT Margin came in at 1.39% in Q1 2026, up 419.0% year-on-year from 0.27% in Q1 2025, and down 81.16% on a QoQ basis 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.
- On a quarterly basis, EBT Margin rose 419.0% year-over-year to 1.39% in Q1 2026; TTM through Mar 2026 was 1.1%, a 1089.0% increase from a year earlier, with the FY2025 full-year figure at 0.12%, up 1256.0% from the prior year.
- EBT Margin for Q1 2026 stood at 1.39%, down from 7.39% in the prior quarter.
- Over the last five years, EBT Margin for DKNG reached as high as 11.23% in Q2 2025 and fell as low as 111.43% in Q1 2022.
- Historically, EBT Margin has averaged 26.32% across 5 years, with a median of 12.19% in 2024.
- Across the five-year window, EBT Margin jumped 16509 bps in 2022 and slumped 740 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 27.2% in 2022, then surged by 89 bps to 3.05% in 2023, then sank by 243 bps to 10.45% in 2024, then surged by 171 bps to 7.39% in 2025, then plunged by 81 bps to 1.39% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 1.39% in Q1 2026, 7.39% in Q4 2025, and 23.65% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 5.44% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 1.39% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | 19.93% |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 17.04% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 12.36% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 15.67% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 5.70% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | -2.10% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -59.78% |
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% |