Growth Metrics

DraftKings (DKNG) Net Margin (2021 - 2025)

DraftKings (DKNG) has disclosed Net Margin for 5 consecutive years, with 6.88% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin rose 1653.0% to 6.88% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.05%, a 1068.0% increase, with the full-year FY2025 number at 0.05%, up 1068.0% from a year prior.
  • Net Margin was 6.88% for Q4 2025 at DraftKings, up from 22.59% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.45% in Q2 2025 to a low of 256.0% in Q3 2021.
  • A 5-year average of 48.28% and a median of 27.57% in 2022 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: skyrocketed 16626bps in 2022, then plummeted -605bps in 2024.
  • DraftKings' Net Margin stood at 69.63% in 2021, then soared by 59bps to 28.33% in 2022, then skyrocketed by 87bps to 3.6% in 2023, then tumbled by -168bps to 9.65% in 2024, then soared by 171bps to 6.88% in 2025.
  • Per Business Quant, the three most recent readings for DKNG's Net Margin are 6.88% (Q4 2025), 22.59% (Q3 2025), and 10.45% (Q2 2025).