DraftKings (DKNG) FCF Margin (2021 - 2026)
DraftKings (DKNG) reported FCF Margin of 3.37% for Q1 2026, up 526.0% year-over-year from 0.54% in Q1 2025, and down 133.43% quarter-over-quarter from 10.09% 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.
- FCF Margin for Q1 2026 came in at 3.37%, up 526.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.5% (up 403.0% YoY), and the FY2025 annual result was 8.78%, up 203.0% from the prior year.
- FCF Margin eased to 3.37% in Q1 2026 per DKNG's latest filing, from 10.09% in the prior quarter.
- Over five years, FCF Margin peaked at 24.74% in Q3 2025 and troughed at 88.66% in Q1 2022.
- A 5-year average of 5.39% and a median of 2.44% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 6675 bps in 2022, then jumped 5996 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 15.71% in 2022, then soared by 127 bps to 4.2% in 2023, then soared by 306 bps to 17.06% in 2024, then sank by 41 bps to 10.09% in 2025, then plunged by 133 bps to 3.37% in 2026.
- Business Quant data shows DKNG's FCF Margin at 3.37% in Q1 2026, 10.09% in Q4 2025, and 24.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 7.09% |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | -3.37% |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 41.63% |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 3.28% |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 46.85% |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 5.66% |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -2.38% |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 40.21% |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.37% |
| Dec 31, 2025 | 10.09% |
| Sep 30, 2025 | 24.74% |
| Jun 30, 2025 | 11.21% |
| Mar 31, 2025 | -8.64% |
| Dec 31, 2024 | 17.06% |
| Sep 30, 2024 | 11.95% |
| Jun 30, 2024 | 2.44% |
| Mar 31, 2024 | -6.25% |
| Dec 31, 2023 | 4.20% |
| Sep 30, 2023 | 15.78% |
| Jun 30, 2023 | -4.30% |
| Mar 31, 2023 | -28.70% |
| Dec 31, 2022 | -15.71% |
| Sep 30, 2022 | 7.00% |
| Jun 30, 2022 | -40.50% |
| Mar 31, 2022 | -88.66% |
| Dec 31, 2021 | -37.40% |
| Sep 30, 2021 | -35.63% |
| Jun 30, 2021 | -38.36% |