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% quarter-over-quarter 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.
- Net Margin for Q1 2026 came in at 1.01%, up 341.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.84% (up 880.0% YoY), and the FY2025 annual result was 0.05%, up 1068.0% from the prior year.
- Net Margin eased to 1.01% in Q1 2026 per DKNG's latest filing, from 6.88% in the prior quarter.
- Over five years, Net Margin peaked at 10.45% in Q2 2025 and troughed at 111.54% in Q1 2022.
- A 5-year average of 25.03% and a median of 12.16% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 16626 bps in 2022, then tumbled 605 bps in 2024.
- A 5-year view of Net Margin shows it stood at 28.33% in 2022, then soared by 87 bps to 3.6% in 2023, then sank by 168 bps to 9.65% in 2024, then surged by 171 bps to 6.88% in 2025, then sank by 85 bps to 1.01% in 2026.
- Business Quant data shows DKNG's Net Margin at 1.01% in Q1 2026, 6.88% in Q4 2025, and 22.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 5.07% |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 1.01% |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 12.52% |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 7.08% |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 10.73% |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 4.16% |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -46.79% |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | -0.87% |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 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% |