DraftKings (DKNG) Invested Capital (2021 - 2026)
DraftKings (DKNG) reported Invested Capital of $605.0 million for Q1 2026, down 30.69% year-over-year from $872.9 million in Q1 2025, and down 4.18% on a QoQ basis from $631.5 million in Q4 2025.
DraftKings (DKNG) has 6 years of Invested Capital data on file, last reported at $605.0 million in Q1 2026.
- Quarterly Invested Capital fell 30.69% year-over-year to $605.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $605.0 million (down 30.69% YoY) and the FY2025 annual result came in at $631.5 million, down 37.52% from the prior year.
- Invested Capital fell to $605.0 million in Q1 2026 per DKNG's latest filing, from $631.5 million in the prior quarter.
- Across five years, Invested Capital topped out at $1.8 billion in Q2 2022 and bottomed at $605.0 million in Q1 2026.
- The 5-year median for Invested Capital is $1.0 billion (2024), against an average of $1.0 billion.
- The widest annual swing landed in 2023, when Invested Capital plunged 44.16%; it then surged 34.28% in 2024.
- Tracing DKNG's Invested Capital over 5 years: stood at $1.3 billion in 2022, then sank by 36.47% to $840.3 million in 2023, then advanced by 20.27% to $1.0 billion in 2024, then tumbled by 37.52% to $631.5 million in 2025, then decreased by 4.18% to $605.0 million in 2026.
- Per Business Quant, the three latest DKNG Invested Capital figures stand at $605.0 million (Q1 2026), $631.5 million (Q4 2025), and $732.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 21.26 Bn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 605.05 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 1.87 Bn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 159.13 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | 1.59 Bn |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 852.83 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | 35.51 Mn |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | 77.08 Mn |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 330.50 Mn |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | 9.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 605.05 Mn |
| Dec 31, 2025 | 631.46 Mn |
| Sep 30, 2025 | 732.29 Mn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 872.92 Mn |
| Dec 31, 2024 | 1.01 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 830.98 Mn |
| Dec 31, 2023 | 840.31 Mn |
| Sep 30, 2023 | 801.42 Mn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.76 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.68 Bn |
| Sep 30, 2021 | 1.83 Bn |
| Jun 30, 2021 | 2.21 Bn |
| Mar 31, 2021 | 2.32 Bn |