Growth Metrics

DraftKings (DKNG) Free Cash Flow (2021 - 2026)

DraftKings (DKNG) reported Free Cash Flow of -$55.5 million for Q1 2026, up 54.36% year-over-year from -$36.0 million in Q1 2025, and down 127.66% on a QoQ basis from $200.7 million in Q4 2025.

DraftKings (DKNG) has 6 years of Free Cash Flow data on file, last reported at -$55.5 million in Q1 2026.

  • Quarterly Free Cash Flow rose 54.36% year-over-year to -$55.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $597.8 million (up 118.33% YoY) and the FY2025 annual result came in at $531.7 million, up 65.09% from the prior year.
  • Free Cash Flow retreated to -$55.5 million in Q1 2026 per DKNG's latest filing, from $200.7 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $283.0 million in Q3 2025 and bottomed at -$369.9 million in Q1 2022.
  • The 5-year median for Free Cash Flow is $27.0 million (2024), against an average of $3.4 million.
  • The widest annual swing landed in 2022, when Free Cash Flow slumped 440.63%; it then jumped 528.91% in 2025.
  • Tracing DKNG's Free Cash Flow over 5 years: stood at -$134.3 million in 2022, then jumped by 138.48% to $51.7 million in 2023, then surged by 359.69% to $237.6 million in 2024, then slipped by 15.54% to $200.7 million in 2025, then tumbled by 127.66% to -$55.5 million in 2026.
  • Per Business Quant, the three latest DKNG Free Cash Flow figures stand at -$55.5 million (Q1 2026), $200.7 million (Q4 2025), and $283.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Flutter Entertainment 18.39 Bn 17.30 Bn 1.84 Bn 305.00 Mn
2 DraftKings 13.23 Bn 12.22 Bn 696.69 Mn -55.52 Mn
3 Churchill Downs 6.28 Bn 6.13 Bn 475.00 Mn 276.00 Mn
4 Rush Street Interactive 2.60 Bn 2.43 Bn 132.17 Mn 12.15 Mn
5 Brightstar Lottery 2.28 Bn 2.94 Bn - -
6 Accel Entertainment 1.01 Bn 735.58 Mn 109.94 Mn 19.88 Mn
7 Codere Online Luxembourg 490.38 Mn 420.96 Mn - -
8 Bragg Gaming 269.74 Mn 261.99 Mn 18.22 Mn -765,940.63
9 Inspired Entertainment 233.43 Mn 189.93 Mn 54.60 Mn 23.00 Mn
10 High Roller Technologies 45.23 Mn 42.56 Mn - -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -55.52 Mn
Mar 31, 2026 -55.52 Mn
Dec 31, 2025 200.72 Mn
Dec 31, 2025 200.72 Mn
Sep 30, 2025 283.04 Mn
Sep 30, 2025 283.04 Mn
Jun 30, 2025 169.61 Mn
Jun 30, 2025 169.61 Mn
Mar 31, 2025 -121.66 Mn
Mar 31, 2025 -121.66 Mn
Dec 31, 2024 237.64 Mn
Dec 31, 2024 237.64 Mn
Sep 30, 2024 130.88 Mn
Sep 30, 2024 130.88 Mn
Jun 30, 2024 26.97 Mn
Jun 30, 2024 26.97 Mn
Mar 31, 2024 -73.42 Mn
Mar 31, 2024 -73.42 Mn
Dec 31, 2023 51.70 Mn
Dec 31, 2023 51.70 Mn
Sep 30, 2023 124.68 Mn
Sep 30, 2023 124.68 Mn
Jun 30, 2023 -37.59 Mn
Jun 30, 2023 -37.59 Mn
Mar 31, 2023 -220.91 Mn
Mar 31, 2023 -220.91 Mn
Dec 31, 2022 -134.35 Mn
Dec 31, 2022 -134.35 Mn
Sep 30, 2022 35.15 Mn
Sep 30, 2022 35.15 Mn
Jun 30, 2022 -188.81 Mn
Jun 30, 2022 -188.81 Mn
Mar 31, 2022 -369.91 Mn
Mar 31, 2022 -369.91 Mn
Dec 31, 2021 -177.00 Mn
Dec 31, 2021 -177.00 Mn
Sep 30, 2021 -75.84 Mn
Sep 30, 2021 -75.84 Mn
Jun 30, 2021 -114.17 Mn
Jun 30, 2021 -114.17 Mn
Mar 31, 2021 -68.42 Mn
Mar 31, 2021 -68.42 Mn