DraftKings DKNG
NASDAQ DKNG
$23.66 -0.21 (-0.88%)
At close: Sep 9, 2026 · 4:00 PM EDT

DraftKings (DKNG) FCF Margin (2021 - 2026)

DraftKings' (DKNG) quarterly FCF Margin came in at 5.09% in Q2 2026, down 448.0% year-over-year from 1.46% in Q2 2025, and up 197.96% quarter-over-quarter from 5.19% in Q1 2026.

Analysis

DraftKings (DKNG) FCF Margin (2021 - 2026) Analysis & Trends

DraftKings (DKNG) has reported FCF Margin for 6 consecutive years, with 5.09% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin fell 448.0% year-over-year to 5.09% in Q2 2026; TTM through Jun 2026 was 8.44%, a 101.0% increase from a year earlier, with the FY2025 full-year figure at 8.78%, up 203.0% from the prior year.
  • FCF Margin was 5.09% for Q2 2026 at DraftKings, up from 5.19% in the prior quarter.
  • Over five years, FCF Margin peaked at 22.24% in Q3 2025 and troughed at 88.66% in Q1 2022.
  • A 5-year average of 5.29% and a median of 2.46% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 6675 bps in 2022 and soared 5996 bps in 2023, its largest moves.
  • Over 5 years, FCF Margin stood at 19.41% in 2022, then surged by 122 bps to 4.2% in 2023, then soared by 414 bps to 21.58% in 2024, then sank by 34 bps to 14.21% in 2025, then slumped by 64 bps to 5.09% in 2026.
  • The last three FCF Margin figures came in at 5.09% (Q2 2026), 5.19% (Q1 2026), and 14.21% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn 5.09%
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn 5.27%
3 Super Group (SGHC) 7.08 Bn 6.53 Bn - -
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn 11.25%
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn - -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn 13.47%
7 High Roller Technologies 54.90 Mn 52.24 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -2,284.31%
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.09%
Mar 31, 2026 -5.19%
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 4.20%
Sep 30, 2023 15.78%
Jun 30, 2023 -4.30%
Mar 31, 2023 -28.70%
Dec 31, 2022 -19.41%
Sep 30, 2022 7.00%
Jun 30, 2022 -40.50%
Mar 31, 2022 -88.66%
Dec 31, 2021 -39.62%
Sep 30, 2021 -38.83%