DraftKings (DKNG) Share-based Compensation (2021 - 2026)
DraftKings' Share-based Compensation came in at $82.55 million for Q2 2026, down 2.5% from $84.7 million a year earlier but up 26.6% from the prior quarter.
DraftKings (DKNG) Share-based Compensation (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, DraftKings reported Share-based Compensation of $323.53 million, down 10.4% year-over-year; for FY2025, it came in at $339.31 million, down 11.0% from FY2024.
- Share-based Compensation has declined in each of the last four years, though with a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $381.37 million in FY2024 (-4.3%), $398.46 million in FY2023 (-31.2%), $578.8 million in FY2022 (-15.3%) and $683.29 million in FY2021 (+110.2%).
- The five-year range for quarterly Share-based Compensation is $65.22 million (Q1 2026) to $187.08 million (Q1 2022).
- Year-over-year, Share-based Compensation has declined for seven consecutive quarters, with an average decline of 7.0% over the last eight quarters.
- The fastest year-over-year change in Share-based Compensation over five years came in Q1 2022 (growth of 23.2%), and the weakest in Q3 2023 (a decline of 37.8%).
- Business Quant data shows DKNG's Share-based Compensation at $65.22 million (Q1 2026), $103.29 million (Q4 2025) and $72.47 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.77 Bn | 10.87 Bn | 1.48 Bn | 13.00 Mn |
| 2 | Flutter Entertainment | 13.69 Bn | 7.06 Bn | 1.71 Bn | 67.00 Mn |
| 3 | DraftKings | 9.99 Bn | 5.65 Bn | 551.45 Mn | 82.55 Mn |
| 4 | Madison Square Garden Sports | 9.89 Bn | 9.49 Bn | 119.21 Mn | 3.88 Mn |
| 5 | Life Time Group Holdings | 9.16 Bn | 8.40 Bn | 412.26 Mn | 15.41 Mn |
| 6 | Wynn Resorts | 7.87 Bn | 2.16 Bn | 758.95 Mn | 16.90 Mn |
| 7 | MGM Resorts International | 7.27 Bn | -1.77 Bn | 1.98 Bn | 15.67 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 33.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.37 Bn | 1.50 Bn | 23.00 Mn |
| 10 | Churchill Downs | 5.80 Bn | 5.03 Bn | 419.00 Mn | 8.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.55 Mn |
| Mar 31, 2026 | 65.22 Mn |
| Dec 31, 2025 | 103.29 Mn |
| Sep 30, 2025 | 72.47 Mn |
| Jun 30, 2025 | 84.70 Mn |
| Mar 31, 2025 | 78.85 Mn |
| Dec 31, 2024 | 110.06 Mn |
| Sep 30, 2024 | 87.55 Mn |
| Jun 30, 2024 | 90.22 Mn |
| Mar 31, 2024 | 93.54 Mn |
| Dec 31, 2023 | 113.52 Mn |
| Sep 30, 2023 | 78.35 Mn |
| Jun 30, 2023 | 89.19 Mn |
| Mar 31, 2023 | 117.40 Mn |
| Dec 31, 2022 | 130.16 Mn |
| Sep 30, 2022 | 126.04 Mn |
| Jun 30, 2022 | 135.52 Mn |
| Mar 31, 2022 | 187.08 Mn |
| Dec 31, 2021 | 184.05 Mn |
| Sep 30, 2021 | 175.66 Mn |
DraftKings Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=DKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();