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DraftKings (DKNG) Research & Development (2021 - 2025)

DraftKings (DKNG) has disclosed Research & Development for 5 consecutive years, with $133.6 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 19.18% to $133.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $459.9 million through Dec 2025, up 15.81% year-over-year, with the annual reading at $459.9 million for FY2025, 15.81% up from the prior year.
  • Research & Development for Q4 2025 was $133.6 million at DraftKings, up from $114.7 million in the prior quarter.
  • The five-year high for Research & Development was $133.6 million in Q4 2025, with the low at $56.2 million in Q1 2021.
  • Average Research & Development over 5 years is $89.2 million, with a median of $88.5 million recorded in 2023.
  • The sharpest move saw Research & Development soared 44.86% in 2022, then grew 0.83% in 2024.
  • Over 5 years, Research & Development stood at $69.6 million in 2021, then grew by 19.75% to $83.4 million in 2022, then rose by 5.71% to $88.2 million in 2023, then rose by 27.12% to $112.1 million in 2024, then rose by 19.18% to $133.6 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $133.6 million, $114.7 million, and $108.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.