DraftKings (DKNG) Shares Outstanding (2021 - 2026)
DraftKings' Shares Outstanding came in at 496.09 million for Q2 2026, down 0.1% from 496.52 million a year earlier but up 0.4% from the prior quarter.
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Analysis
DraftKings (DKNG) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, DraftKings' Shares Outstanding was 495.64 million, up 2.8% from FY2024.
- Shares Outstanding has increased in each of the last five years, with a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 481.95 million in FY2024 (+4.2%), 462.6 million in FY2023 (+6.0%), 436.51 million in FY2022 (+8.5%) and 402.49 million in FY2021 (+31.7%).
- The five-year range for quarterly Shares Outstanding is 402.49 million (Q4 2021) to 496.64 million (Q3 2025).
- Year-over-year, Shares Outstanding increased in seven of the last eight quarters, with growth averaging 2.7%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2022 (growth of 11.0%), and the weakest in Q2 2026 (a decline of 0.1%).
- Business Quant data shows DKNG's Shares Outstanding at 494.35 million (Q1 2026), 495.64 million (Q4 2025) and 496.64 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 654.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 175.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.15 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 496.09 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 222.63 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 102.57 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 254.02 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 77.40 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 204.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 496.09 Mn |
| Mar 31, 2026 | 494.35 Mn |
| Dec 31, 2025 | 495.64 Mn |
| Sep 30, 2025 | 496.64 Mn |
| Jun 30, 2025 | 496.52 Mn |
| Mar 31, 2025 | 493.32 Mn |
| Dec 31, 2024 | 481.95 Mn |
| Sep 30, 2024 | 486.22 Mn |
| Jun 30, 2024 | 479.31 Mn |
| Mar 31, 2024 | 474.23 Mn |
| Dec 31, 2023 | 462.60 Mn |
| Sep 30, 2023 | 464.77 Mn |
| Jun 30, 2023 | 462.43 Mn |
| Mar 31, 2023 | 455.08 Mn |
| Dec 31, 2022 | 436.51 Mn |
| Sep 30, 2022 | 448.33 Mn |
| Jun 30, 2022 | 437.03 Mn |
| Mar 31, 2022 | 411.07 Mn |
| Dec 31, 2021 | 402.49 Mn |
| Sep 30, 2021 | 403.84 Mn |
API Access
DraftKings Shares Outstanding 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=shares-outstanding&ticker=DKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();