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| Date | Value |
|---|---|
| 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 |