DraftKings (DKNG) Enterprise Value (2021 - 2026)
DraftKings (DKNG) reported Enterprise Value of -$1.0 billion for Q1 2026, up 11.29% year-over-year from -$905.9 million in Q1 2025, and up 11.19% on a QoQ basis from -$1.1 billion in Q4 2025.
DraftKings (DKNG) has 6 years of Enterprise Value data on file, last reported at -$1.0 billion in Q1 2026.
- Quarterly Enterprise Value rose 11.29% year-over-year to -$1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (up 11.29% YoY) and the FY2025 annual result came in at -$1.1 billion, down 41.05% from the prior year.
- Enterprise Value advanced to -$1.0 billion in Q1 2026 per DKNG's latest filing, from -$1.1 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$804.8 million in Q4 2024 and bottomed at -$1.8 billion in Q1 2022.
- The 5-year median for Enterprise Value is -$1.1 billion (2025), against an average of -$1.2 billion.
- The widest annual swing landed in 2022, when Enterprise Value jumped 42.78%; it then plunged 52.84% in 2025.
- Tracing DKNG's Enterprise Value over 5 years: stood at -$1.3 billion in 2022, then grew by 2.06% to -$1.3 billion in 2023, then surged by 37.23% to -$804.8 million in 2024, then tumbled by 41.05% to -$1.1 billion in 2025, then climbed by 11.19% to -$1.0 billion in 2026.
- Per Business Quant, the three latest DKNG Enterprise Value figures stand at -$1.0 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | -1.10 Bn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | -1.01 Bn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | -152.00 Mn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | -171.13 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | 661.00 Mn |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | -270.03 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | -69.43 Mn |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -7.75 Mn |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -43.50 Mn |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | -2.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.01 Bn |
| Dec 31, 2025 | -1.14 Bn |
| Sep 30, 2025 | -1.23 Bn |
| Jun 30, 2025 | -1.27 Bn |
| Mar 31, 2025 | -1.14 Bn |
| Dec 31, 2024 | -804.79 Mn |
| Sep 30, 2024 | -891.63 Mn |
| Jun 30, 2024 | -828.72 Mn |
| Mar 31, 2024 | -1.21 Bn |
| Dec 31, 2023 | -1.28 Bn |
| Sep 30, 2023 | -1.11 Bn |
| Jun 30, 2023 | -1.11 Bn |
| Mar 31, 2023 | -1.09 Bn |
| Dec 31, 2022 | -1.31 Bn |
| Sep 30, 2022 | -1.38 Bn |
| Jun 30, 2022 | -1.51 Bn |
| Mar 31, 2022 | -1.77 Bn |
| Dec 31, 2021 | -2.15 Bn |
| Sep 30, 2021 | -2.39 Bn |
| Jun 30, 2021 | -2.65 Bn |
| Mar 31, 2021 | -2.82 Bn |