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| 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 |
| 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 |