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% quarter-over-quarter from $200.7 million in Q4 2025.

DraftKings (DKNG) Free Cash Flow (2021 - 2026) Analysis & Trends

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

  • Free Cash Flow for Q1 2026 came in at -$55.5 million, up 54.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $597.8 million (up 118.33% YoY), and the FY2025 annual result was $531.7 million, up 65.09% from the prior year.
  • Free Cash Flow fell to -$55.5 million in Q1 2026 per DKNG's latest filing, from $200.7 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $283.0 million in Q3 2025 and troughed at -$369.9 million in Q1 2022.
  • A 5-year average of $3.4 million and a median of $27.0 million in 2024 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow plunged 440.63% in 2022, then soared 528.91% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$134.3 million in 2022, then soared by 138.48% to $51.7 million in 2023, then jumped by 359.69% to $237.6 million in 2024, then declined by 15.54% to $200.7 million in 2025, then sank by 127.66% to -$55.5 million in 2026.
  • Business Quant data shows DKNG's Free Cash Flow at -$55.5 million in Q1 2026, $200.7 million in Q4 2025, and $283.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 305.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn -55.52 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 276.00 Mn
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 12.15 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 275.00 Mn
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 19.88 Mn
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn -765,940.63
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn 23.00 Mn
10 High Roller Technologies 50.40 Mn 47.74 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