DraftKings (DKNG) Free Cash Flow (2021 - 2026)
DraftKings' (DKNG) quarterly Free Cash Flow came in at -$55.5 million in Q1 2026, up 63.05% year-on-year from -$34.1 million in Q1 2025, and down 119.64% on a QoQ basis from $282.8 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.
- On a quarterly basis, Free Cash Flow rose 63.05% year-over-year to -$55.5 million in Q1 2026; TTM through Mar 2026 was $626.4 million, a 136.51% increase from a year earlier, with the FY2025 full-year figure at $531.7 million, up 65.09% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$55.5 million, down from $282.8 million in the prior quarter.
- Over the last five years, Free Cash Flow for DKNG reached as high as $300.6 million in Q4 2024 and fell as low as -$365.3 million in Q1 2022.
- Historically, Free Cash Flow has averaged $6.9 million across 5 years, with a median of $8.0 million in 2024.
- Across the five-year window, Free Cash Flow sank 433.93% in 2022 and jumped 1713.52% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$161.0 million in 2022, then soared by 144.14% to $71.0 million in 2023, then soared by 323.01% to $300.6 million in 2024, then fell by 5.92% to $282.8 million in 2025, then tumbled by 119.64% to -$55.5 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$55.5 million in Q1 2026, $282.8 million in Q4 2025, and $254.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 305.00 Mn |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | -55.52 Mn |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 255.00 Mn |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 19.86 Mn |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 275.00 Mn |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 19.88 Mn |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 23.00 Mn |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | 127,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -55.52 Mn |
| Mar 31, 2026 | -55.52 Mn |
| Dec 31, 2025 | 282.75 Mn |
| Dec 31, 2025 | 282.75 Mn |
| Sep 30, 2025 | 254.46 Mn |
| Sep 30, 2025 | 254.46 Mn |
| Jun 30, 2025 | 144.76 Mn |
| Jun 30, 2025 | 144.76 Mn |
| Mar 31, 2025 | -150.26 Mn |
| Mar 31, 2025 | -150.26 Mn |
| Dec 31, 2024 | 300.55 Mn |
| Dec 31, 2024 | 300.55 Mn |
| Sep 30, 2024 | 106.60 Mn |
| Sep 30, 2024 | 106.60 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Jun 30, 2024 | 7.98 Mn |
| Mar 31, 2024 | -93.06 Mn |
| Mar 31, 2024 | -93.06 Mn |
| Dec 31, 2023 | 71.05 Mn |
| Dec 31, 2023 | 71.05 Mn |