DraftKings (DKNG) FCF Margin (2021 - 2026)
DraftKings' (DKNG) quarterly FCF Margin came in at 3.37% in Q1 2026, up 729.0% year-on-year from 0.41% in Q1 2025, and down 123.73% on a QoQ basis from 14.21% in Q4 2025.
DraftKings (DKNG) FCF Margin (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has 6 years of FCF Margin data on file, last reported at 3.37% in Q1 2026.
- On a quarterly basis, FCF Margin rose 729.0% year-over-year to 3.37% in Q1 2026; TTM through Mar 2026 was 9.96%, a 466.0% increase from a year earlier, with the FY2025 full-year figure at 8.78%, up 203.0% from the prior year.
- FCF Margin for Q1 2026 stood at 3.37%, down from 14.21% in the prior quarter.
- Over the last five years, FCF Margin for DKNG reached as high as 22.24% in Q3 2025 and fell as low as 87.57% in Q1 2022.
- Historically, FCF Margin has averaged 5.05% across 5 years, with a median of 0.72% in 2024.
- Across the five-year window, FCF Margin sank 6566 bps in 2022 and jumped 5886 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 18.82% in 2022, then jumped by 131 bps to 5.77% in 2023, then soared by 274 bps to 21.58% in 2024, then sank by 34 bps to 14.21% in 2025, then sank by 124 bps to 3.37% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 3.37% in Q1 2026, 14.21% in Q4 2025, and 22.24% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 7.09% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | -3.37% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 38.46% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 5.36% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 46.85% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 5.66% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 40.21% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | 0.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.37% |
| Dec 31, 2025 | 14.21% |
| Sep 30, 2025 | 22.24% |
| Jun 30, 2025 | 9.57% |
| Mar 31, 2025 | -10.67% |
| Dec 31, 2024 | 21.58% |
| Sep 30, 2024 | 9.73% |
| Jun 30, 2024 | 0.72% |
| Mar 31, 2024 | -7.92% |
| Dec 31, 2023 | 5.77% |
| Sep 30, 2023 | 20.86% |
| Jun 30, 2023 | -4.30% |
| Mar 31, 2023 | -28.70% |
| Dec 31, 2022 | -18.82% |
| Sep 30, 2022 | 12.30% |
| Jun 30, 2022 | -41.48% |
| Mar 31, 2022 | -87.57% |
| Dec 31, 2021 | -33.15% |
| Sep 30, 2021 | -38.83% |
| Jun 30, 2021 | -42.82% |