DraftKings (DKNG) Enterprise Value (2021 - 2026)
DraftKings (DKNG) posted quarterly 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% quarter-over-quarter from -$1.1 billion in Q4 2025.
DraftKings (DKNG) Enterprise Value (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Enterprise Value for 6 consecutive years, with -$1.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value rose 11.29% year-over-year to -$1.0 billion; the TTM figure through Mar 2026 stood at -$1.0 billion (up 11.29% YoY), while the FY2025 annual figure was -$1.1 billion, down 41.05% from the prior year.
- Enterprise Value improved 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.
- Historically, Enterprise Value has averaged -$1.2 billion across 5 years, with a median of -$1.1 billion in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 42.78% — and 2025, when it slumped 52.84%.
- DraftKings' Enterprise Value stood at -$1.3 billion in 2022, then gained by 2.06% to -$1.3 billion in 2023, then surged by 37.23% to -$804.8 million in 2024, then slumped by 41.05% to -$1.1 billion in 2025, then rose by 11.19% to -$1.0 billion in 2026.
- Business Quant data shows DKNG's Enterprise Value at -$1.0 billion in Q1 2026, -$1.1 billion in Q4 2025, and -$1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.57 Bn | 16.01 Bn | 1.71 Bn | -1.19 Bn |
| 2 | DraftKings | 12.45 Bn | 11.46 Bn | 551.45 Mn | -992.48 Mn |
| 3 | Super Group (SGHC) | 6.67 Bn | 6.25 Bn | - | -427.00 Mn |
| 4 | Churchill Downs | 6.50 Bn | 6.31 Bn | 712.00 Mn | -146.00 Mn |
| 5 | Rush Street Interactive | 2.81 Bn | 2.47 Bn | 139.66 Mn | -186.10 Mn |
| 6 | Brightstar Lottery | 2.23 Bn | 956.14 Mn | 297.00 Mn | -14.00 Mn |
| 7 | Accel Entertainment | 960.68 Mn | 705.23 Mn | 115.51 Mn | -251.37 Mn |
| 8 | Codere Online Luxembourg | 410.87 Mn | 341.44 Mn | - | -69.43 Mn |
| 9 | Inspired Entertainment | 171.29 Mn | 146.89 Mn | 52.10 Mn | -24.40 Mn |
| 10 | Galaxy Gaming | 73.69 Mn | 68.93 Mn | 7.86 Mn | -4.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -992.48 Mn |
| 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 |