DraftKings (DKNG) Net Margin (2021 - 2026)
DraftKings (DKNG) reported Net Margin of 1.01% for Q1 2026, up 341.0% year-over-year from 0.23% in Q1 2025, and down 85.39% on a QoQ basis from 6.88% in Q4 2025.
DraftKings (DKNG) has 6 years of Net Margin data on file, last reported at 1.01% in Q1 2026.
- Quarterly Net Margin rose 341.0% year-over-year to 1.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.84% (up 880.0% YoY) and the FY2025 annual result came in at 0.05%, up 1068.0% from the prior year.
- Net Margin declined to 1.01% in Q1 2026 per DKNG's latest filing, from 6.88% in the prior quarter.
- Across five years, Net Margin topped out at 10.45% in Q2 2025 and bottomed at 111.54% in Q1 2022.
- The 5-year median for Net Margin is 12.16% (2024), against an average of 25.03%.
- The widest annual swing landed in 2022, when Net Margin surged 16626 bps; it then sank 605 bps in 2024.
- Tracing DKNG's Net Margin over 5 years: stood at 28.33% in 2022, then jumped by 87 bps to 3.6% in 2023, then tumbled by 168 bps to 9.65% in 2024, then soared by 171 bps to 6.88% in 2025, then tumbled by 85 bps to 1.01% in 2026.
- Per Business Quant, the three latest DKNG Net Margin figures stand at 1.01% (Q1 2026), 6.88% (Q4 2025), and 22.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 5.07% |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 1.01% |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 12.52% |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 7.08% |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 4.16% |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -4.84% |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -0.87% |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | -110.86% |