DraftKings (DKNG) Enterprise Value (2021 - 2026)
DraftKings' (DKNG) quarterly Enterprise Value came in at $21.5 billion in Q2 2026, down 41.78% year-over-year from $36.9 billion in Q2 2025, and up 17.83% quarter-over-quarter from $18.2 billion in Q1 2026.
Analysis
DraftKings (DKNG) Enterprise Value (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Enterprise Value for 6 consecutive years, with $21.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value fell 41.78% year-over-year to $21.5 billion in Q2 2026; TTM through Jun 2026 was $21.5 billion, a 41.78% decrease from a year earlier, with the FY2025 full-year figure at $29.5 billion, down 7.94% from the prior year.
- Enterprise Value was $21.5 billion for Q2 2026 at DraftKings, up from $18.2 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $38.3 billion in Q1 2024 and troughed at $8.3 billion in Q2 2022.
- A 5-year average of $24.2 billion and a median of $26.3 billion in 2023 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value sank 78.64% in 2022 and jumped 251.74% in 2023, its largest moves.
- Over 5 years, Enterprise Value stood at $8.3 billion in 2022, then jumped by 251.74% to $29.2 billion in 2023, then increased by 9.49% to $32.0 billion in 2024, then fell by 7.94% to $29.5 billion in 2025, then decreased by 27.16% to $21.5 billion in 2026.
- The last three Enterprise Value figures came in at $21.5 billion (Q2 2026), $18.2 billion (Q1 2026), and $29.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 Mn | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.46 Bn |
| Mar 31, 2026 | 18.22 Bn |
| Dec 31, 2025 | 29.47 Bn |
| Sep 30, 2025 | 32.04 Bn |
| Jun 30, 2025 | 36.87 Bn |
| Mar 31, 2025 | 28.40 Bn |
| Dec 31, 2024 | 32.01 Bn |
| Sep 30, 2024 | 33.61 Bn |
| Jun 30, 2024 | 32.71 Bn |
| Mar 31, 2024 | 38.26 Bn |
| Dec 31, 2023 | 29.23 Bn |
| Sep 30, 2023 | 24.18 Bn |
| Jun 30, 2023 | 21.64 Bn |
| Mar 31, 2023 | 15.46 Bn |
| Dec 31, 2022 | 8.31 Bn |
| Sep 30, 2022 | 11.36 Bn |
| Jun 30, 2022 | 8.30 Bn |
| Mar 31, 2022 | 14.02 Bn |
| Dec 31, 2021 | 19.84 Bn |
| Sep 30, 2021 | 36.05 Bn |