DraftKings (DKNG) Enterprise Value (2021 - 2026)
DraftKings (DKNG) posted Enterprise Value of $21.47 billion for Q2 2026, down 41.8% from $36.87 billion a year earlier but up 17.8% from the prior quarter.
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Analysis
DraftKings (DKNG) Enterprise Value (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at DraftKings was $18.12 billion, down 46.8% year-over-year; for FY2025, it was $29.48 billion, down 8.0% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of -3.3% (FY2020 to FY2025).
- In prior years, DraftKings' Enterprise Value was $32.03 billion in FY2024 (+9.5%), $29.25 billion in FY2023 (+251.9%), $8.31 billion in FY2022 (-58.1%) and $19.84 billion in FY2021 (-43.2%).
- Quarterly Enterprise Value has run from a low of $8.3 billion in Q2 2022 to a high of $38.27 billion in Q1 2024 over five years.
- On a year-over-year basis, Enterprise Value has declined in each of the last four quarters, with an average decline of 6.8% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2023, with growth of 251.9%; the weakest was Q2 2022, with a decline of 78.6%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $18.22 billion (Q1 2026), $29.48 billion (Q4 2025) and $32.04 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.47 Bn |
| Mar 31, 2026 | 18.22 Bn |
| Dec 31, 2025 | 29.48 Bn |
| Sep 30, 2025 | 32.04 Bn |
| Jun 30, 2025 | 36.87 Bn |
| Mar 31, 2025 | 28.42 Bn |
| Dec 31, 2024 | 32.03 Bn |
| Sep 30, 2024 | 33.63 Bn |
| Jun 30, 2024 | 32.72 Bn |
| Mar 31, 2024 | 38.27 Bn |
| Dec 31, 2023 | 29.25 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 |
API Access
DraftKings Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=DKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();