DraftKings DKNG
NASDAQ DKNG
$23.66 -0.21 (-0.88%)
At close: Sep 9, 2026 · 4:00 PM EDT

DraftKings (DKNG) Gross Margin (2021 - 2026)

DraftKings' (DKNG) quarterly Gross Margin came in at 38.21% in Q2 2026, down 529.0% year-over-year from 8.91% in Q2 2025, and down 9.72% quarter-over-quarter from 42.32% in Q1 2026.

Analysis

DraftKings (DKNG) Gross Margin (2021 - 2026) Analysis & Trends

DraftKings (DKNG) has reported Gross Margin for 6 consecutive years, with 38.21% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 529.0% year-over-year to 38.21% in Q2 2026; TTM through Jun 2026 was 40.54%, a 109.0% increase from a year earlier, with the FY2025 full-year figure at 41.25%, up 314.0% from the prior year.
  • Gross Margin was 38.21% for Q2 2026 at DraftKings, down from 42.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 45.98% in Q4 2025 and troughed at 24.89% in Q1 2022.
  • A 5-year average of 37.06% and a median of 39.75% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin slumped 1644 bps in 2022 and soared 876 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 43.23% in 2022, then dropped by 3 bps to 41.78% in 2023, then slipped by 4 bps to 40.07% in 2024, then climbed by 15 bps to 45.98% in 2025, then declined by 17 bps to 38.21% in 2026.
  • The last three Gross Margin figures came in at 38.21% (Q2 2026), 42.32% (Q1 2026), and 45.98% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn 38.21%
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn 39.60%
3 Super Group (SGHC) 7.08 Bn 6.53 Bn - -
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn 35.47%
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn - -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn 53.50%
7 High Roller Technologies 54.90 Mn 52.24 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -306.86%
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 38.21%
Mar 31, 2026 42.32%
Dec 31, 2025 45.98%
Sep 30, 2025 31.46%
Jun 30, 2025 43.50%
Mar 31, 2025 40.11%
Dec 31, 2024 40.07%
Sep 30, 2024 32.23%
Jun 30, 2024 39.93%
Mar 31, 2024 39.57%
Dec 31, 2023 41.78%
Sep 30, 2023 31.20%
Jun 30, 2023 41.67%
Mar 31, 2023 32.21%
Dec 31, 2022 43.23%
Sep 30, 2022 25.75%
Jun 30, 2022 32.91%
Mar 31, 2022 24.89%
Dec 31, 2021 46.51%
Sep 30, 2021 19.77%