DraftKings (DKNG) Net Margin (2021 - 2026)

DraftKings' (DKNG) quarterly Net Margin came in at 1.01% in Q1 2026, up 341.0% year-on-year from 0.23% in Q1 2025, and down 85.39% on a QoQ basis from 6.88% in Q4 2025.

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

DraftKings (DKNG) has 6 years of Net Margin data on file, last reported at 1.01% in Q1 2026.

  • On a quarterly basis, Net Margin rose 341.0% year-over-year to 1.01% in Q1 2026; TTM through Mar 2026 was 0.84%, a 880.0% increase from a year earlier, with the FY2025 full-year figure at 0.05%, up 1068.0% from the prior year.
  • Net Margin for Q1 2026 stood at 1.01%, down from 6.88% in the prior quarter.
  • Over the last five years, Net Margin for DKNG reached as high as 10.45% in Q2 2025 and fell as low as 111.54% in Q1 2022.
  • Historically, Net Margin has averaged 25.03% across 5 years, with a median of 12.16% in 2024.
  • Across the five-year window, Net Margin surged 16626 bps in 2022 and sank 605 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 28.33% in 2022, then soared by 87 bps to 3.6% in 2023, then slumped by 168 bps to 9.65% in 2024, then surged by 171 bps to 6.88% in 2025, then slumped by 85 bps to 1.01% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 1.01% in Q1 2026, 6.88% in Q4 2025, and 22.59% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 5.07%
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 1.01%
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - 14.22%
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn 12.52%
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn 7.07%
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 10.73%
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn 4.16%
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn -0.87%
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn -57.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01%
Dec 31, 2025 6.88%
Sep 30, 2025 -22.59%
Jun 30, 2025 10.45%
Mar 31, 2025 -2.40%
Dec 31, 2024 -9.65%
Sep 30, 2024 -26.80%
Jun 30, 2024 5.80%
Mar 31, 2024 -12.16%
Dec 31, 2023 -3.60%
Sep 30, 2023 -35.84%
Jun 30, 2023 -8.79%
Mar 31, 2023 -51.59%
Dec 31, 2022 -28.33%
Sep 30, 2022 -89.74%
Jun 30, 2022 -46.55%
Mar 31, 2022 -111.54%
Dec 31, 2021 -69.63%
Sep 30, 2021 -256.00%
Jun 30, 2021 -102.60%