DraftKings (DKNG) Tax Provisions (2021 - 2026)
DraftKings (DKNG) posted quarterly Tax Provisions of $6.4 million for Q1 2026, up 213.73% year-over-year from $2.0 million in Q1 2025, and down 37.25% quarter-over-quarter from $10.1 million in Q4 2025.
DraftKings (DKNG) Tax Provisions (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Tax Provisions for 6 consecutive years, with $6.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 213.73% year-over-year to $6.4 million; the TTM figure through Mar 2026 stood at $16.2 million (up 117.73% YoY), while the FY2025 annual figure was $4.3 million, up 104.95% from the prior year.
- Tax Provisions retreated to $6.4 million in Q1 2026 per DKNG's latest filing, from $10.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $11.8 million in Q2 2025 and bottomed at -$81.2 million in Q2 2022.
- Historically, Tax Provisions has averaged -$7.8 million across 5 years, with a median of $651000.0 in 2023.
- Annual changes were most pronounced in 2024 — Tax Provisions plunged 11401.08% — and 2026, when it jumped 213.73%.
- DraftKings' Tax Provisions stood at $9.7 million in 2022, then declined by 29.38% to $6.9 million in 2023, then slumped by 262.29% to -$11.1 million in 2024, then surged by 191.16% to $10.1 million in 2025, then tumbled by 37.25% to $6.4 million in 2026.
- Business Quant data shows DKNG's Tax Provisions at $6.4 million in Q1 2026, $10.1 million in Q4 2025, and -$12.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.95 Bn | 16.39 Bn | 1.71 Bn | -3.00 Mn |
| 2 | DraftKings | 12.99 Bn | 12.00 Bn | 551.45 Mn | -1.80 Mn |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | -36.00 Mn |
| 4 | Churchill Downs | 6.57 Bn | 6.37 Bn | 712.00 Mn | 86.00 Mn |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | 20.40 Mn |
| 6 | Brightstar Lottery | 2.25 Bn | 980.32 Mn | 297.00 Mn | 29.00 Mn |
| 7 | Accel Entertainment | 987.75 Mn | 732.30 Mn | 115.51 Mn | 5.90 Mn |
| 8 | Codere Online Luxembourg | 415.46 Mn | 346.04 Mn | - | - |
| 9 | Inspired Entertainment | 175.48 Mn | 151.08 Mn | 52.10 Mn | 400,000.00 |
| 10 | Grandstand | 70.65 Mn | 61.84 Mn | 31.83 Mn | -335,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.80 Mn |
| Mar 31, 2026 | 6.37 Mn |
| Dec 31, 2025 | 10.15 Mn |
| Sep 30, 2025 | -12.07 Mn |
| Jun 30, 2025 | 11.79 Mn |
| Mar 31, 2025 | -5.60 Mn |
| Dec 31, 2024 | -11.13 Mn |
| Sep 30, 2024 | -1.29 Mn |
| Jun 30, 2024 | -73.57 Mn |
| Mar 31, 2024 | -351,000.00 |
| Dec 31, 2023 | 6.86 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | 651,000.00 |
| Mar 31, 2023 | 1.37 Mn |
| Dec 31, 2022 | 9.71 Mn |
| Sep 30, 2022 | 3.18 Mn |
| Jun 30, 2022 | -81.23 Mn |
| Mar 31, 2022 | 469,000.00 |
| Dec 31, 2021 | 6.62 Mn |
| Sep 30, 2021 | 3.85 Mn |