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
DateValue
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%