DraftKings (DKNG) Tax Rate (2021 - 2026)
DraftKings (DKNG) posted quarterly Tax Rate of 27.79% for Q1 2026, up 1358.0% year-over-year from 1.91% in Q1 2025, and up 302.52% quarter-over-quarter from 6.9% in Q4 2025.
DraftKings (DKNG) Tax Rate (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported Tax Rate for 6 consecutive years, with 27.79% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 1358.0% year-over-year to 27.79%; the TTM figure through Mar 2026 stood at 23.42% (up 470.0% YoY), while the FY2025 annual figure was 60.94%, up 4639.0% from the prior year.
- Tax Rate improved to 27.79% in Q1 2026 per DKNG's latest filing, from 6.9% in the prior quarter.
- Across five years, Tax Rate topped out at 773.69% in Q2 2024 and bottomed at 18.3% in Q4 2023.
- Historically, Tax Rate has averaged 49.68% across 5 years, with a median of 0.44% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate surged 77454 bps — and 2025, when it sank 76675 bps.
- DraftKings' Tax Rate stood at 4.18% in 2022, then plunged by 338 bps to 18.3% in 2023, then soared by 142 bps to 7.65% in 2024, then fell by 10 bps to 6.9% in 2025, then jumped by 303 bps to 27.79% in 2026.
- Business Quant data shows DKNG's Tax Rate at 27.79% in Q1 2026, 6.9% in Q4 2025, and 4.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn | 1.00% |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | 2.50% |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | -29.51% |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 26.22% |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 41.08% |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | 31.52% |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 32.10% |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | 66.67% |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | 7.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50% |
| Jun 30, 2026 | 2.50% |
| Jun 30, 2026 | 2.50% |
| Mar 31, 2026 | 27.79% |
| Mar 31, 2026 | 27.79% |
| Mar 31, 2026 | 27.79% |
| Dec 31, 2025 | 6.90% |
| Dec 31, 2025 | 6.90% |
| Dec 31, 2025 | 6.90% |
| Sep 30, 2025 | 4.46% |
| Sep 30, 2025 | 4.46% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 6.94% |
| Jun 30, 2025 | 6.94% |
| Jun 30, 2025 | 6.94% |
| Mar 31, 2025 | 14.21% |
| Mar 31, 2025 | 14.21% |
| Mar 31, 2025 | 14.21% |
| Dec 31, 2024 | 7.65% |
| Dec 31, 2024 | 7.65% |