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DraftKings (DKNG) Operating Expenses (2021 - 2025)

DraftKings (DKNG) has disclosed Operating Expenses for 5 consecutive years, with $320.3 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 2.56% to $320.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.1 billion through Dec 2025, down 2.39% year-over-year, with the annual reading at $1.1 billion for FY2025, 2.39% down from the prior year.
  • Operating Expenses for Q4 2025 was $320.3 million at DraftKings, up from $271.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $328.7 million in Q4 2024, with the low at $219.8 million in Q3 2023.
  • Average Operating Expenses over 5 years is $271.0 million, with a median of $266.0 million recorded in 2022.
  • The sharpest move saw Operating Expenses decreased 17.33% in 2022, then skyrocketed 41.84% in 2024.
  • Over 5 years, Operating Expenses stood at $310.5 million in 2021, then fell by 17.33% to $256.6 million in 2022, then rose by 4.13% to $267.2 million in 2023, then rose by 23.0% to $328.7 million in 2024, then fell by 2.56% to $320.3 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $320.3 million, $271.5 million, and $274.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.