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
DateValue
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%