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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |