DraftKings (DKNG) Free Cash Flow (2021 - 2026)
DraftKings (DKNG) reported Free Cash Flow of $106.85 million for Q2 2026, down 37.0% from $169.61 million a year earlier.
DraftKings (DKNG) Free Cash Flow (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, DraftKings' Free Cash Flow came in at $650.89 million, up 29.7% year-over-year; for FY2025, it came in at $647.5 million, up 58.9% from FY2024.
- By year, Free Cash Flow came in at $407.59 million in FY2024, -$22.65 million in FY2023, -$657.92 million in FY2022 and -$435.43 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$365.33 million in Q1 2022 and a high of $323.16 million in Q4 2024.
- Year over year, Free Cash Flow gained in three of the last six quarters, with growth averaging 159.6%.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$55.52 million (Q1 2026), $316.52 million (Q4 2025) and $283.04 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 350.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 349.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 57.62 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 106.85 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | -53.70 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 338.90 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 317.44 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 158.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 304.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 159.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.85 Mn |
| Mar 31, 2026 | -55.52 Mn |
| Dec 31, 2025 | 316.52 Mn |
| Sep 30, 2025 | 283.04 Mn |
| Jun 30, 2025 | 169.61 Mn |
| Mar 31, 2025 | -121.66 Mn |
| Dec 31, 2024 | 323.16 Mn |
| Sep 30, 2024 | 130.88 Mn |
| Jun 30, 2024 | 26.97 Mn |
| Mar 31, 2024 | -73.42 Mn |
| Dec 31, 2023 | 71.05 Mn |
| Sep 30, 2023 | 135.16 Mn |
| Jun 30, 2023 | -20.28 Mn |
| Mar 31, 2023 | -208.59 Mn |
| Dec 31, 2022 | -160.96 Mn |
| Sep 30, 2022 | 46.80 Mn |
| Jun 30, 2022 | -178.43 Mn |
| Mar 31, 2022 | -365.33 Mn |
| Dec 31, 2021 | -177.00 Mn |
| Sep 30, 2021 | -75.84 Mn |
DraftKings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();