DraftKings (DKNG) Intangibles (2021 - 2026)
DraftKings (DKNG) reported Intangibles of $837.44 million for Q2 2026, down 4.8% from $880 million a year earlier and down 3.5% from the prior quarter.
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Analysis
DraftKings (DKNG) Intangibles (2021 - 2026) Analysis & Trends
At the end of FY2025, DraftKings posted Intangibles of $889.2 million, down 4.7% from FY2024.
- Intangibles has a four-year compound annual growth rate of 13.5% (FY2021 to FY2025).
- By year, Intangibles came in at $933.12 million in FY2024 (+35.1%), $690.62 million in FY2023 (-11.1%), $776.93 million in FY2022 (+45.2%) and $535.02 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q1 2024.
- Year over year, Intangibles has now declined in each of the last five quarters, with growth averaging 8.4% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q4 2022 (growth of 45.2%); the low point was Q4 2023 (a decline of 11.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $868.06 million (Q1 2026), $889.2 million (Q4 2025) and $861.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | - |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 837.44 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 6.48 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 103.64 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 1.26 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 3.96 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 323.00 Mn |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 2.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 837.44 Mn |
| Mar 31, 2026 | 868.06 Mn |
| Dec 31, 2025 | 889.20 Mn |
| Sep 30, 2025 | 861.04 Mn |
| Jun 30, 2025 | 880.00 Mn |
| Mar 31, 2025 | 904.53 Mn |
| Dec 31, 2024 | 933.12 Mn |
| Sep 30, 2024 | 891.91 Mn |
| Jun 30, 2024 | 949.38 Mn |
| Mar 31, 2024 | 682.35 Mn |
| Dec 31, 2023 | 690.62 Mn |
| Sep 30, 2023 | 718.96 Mn |
| Jun 30, 2023 | 734.63 Mn |
| Mar 31, 2023 | 754.51 Mn |
| Dec 31, 2022 | 776.93 Mn |
| Sep 30, 2022 | 788.65 Mn |
| Jun 30, 2022 | 810.53 Mn |
| Mar 31, 2022 | 523.02 Mn |
| Dec 31, 2021 | 535.02 Mn |
API Access
DraftKings Intangibles 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=intangibles&ticker=DKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();