DraftKings (DKNG) Tax Rate (2021 - 2026)
DraftKings (DKNG) reported 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 6 years of Tax Rate data on file, last reported at 27.79% in Q1 2026.
- Tax Rate for Q1 2026 came in at 27.79%, up 1358.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.42% (up 470.0% YoY), and the FY2025 annual result was 60.94%, up 4639.0% from the prior year.
- Tax Rate grew to 27.79% in Q1 2026 per DKNG's latest filing, from 6.9% in the prior quarter.
- Over five years, Tax Rate peaked at 773.69% in Q2 2024 and troughed at 18.3% in Q4 2023.
- A 5-year average of 49.68% and a median of 0.44% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 77454 bps in 2024, then sank 76675 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 4.18% in 2022, then tumbled by 338 bps to 18.3% in 2023, then surged by 142 bps to 7.65% in 2024, then declined by 10 bps to 6.9% in 2025, then soared 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 | 17.90 Bn | 16.81 Bn | 1.84 Bn | 10.68 |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 27.79 |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 26.55 |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 42.74 |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 31.52 |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 26.95 |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -6.21 |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 58.33 |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.79% |
| Mar 31, 2026 | 27.79% |
| Dec 31, 2025 | 6.90% |
| Dec 31, 2025 | 6.90% |
| Sep 30, 2025 | 4.46% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 6.94% |
| Jun 30, 2025 | 6.94% |
| Mar 31, 2025 | 14.21% |
| Mar 31, 2025 | 14.21% |
| Dec 31, 2024 | 7.65% |
| Dec 31, 2024 | 7.65% |
| Sep 30, 2024 | 0.44% |
| Sep 30, 2024 | 0.44% |
| Jun 30, 2024 | 773.69% |
| Jun 30, 2024 | 773.69% |
| Mar 31, 2024 | 0.25% |
| Mar 31, 2024 | 0.25% |
| Dec 31, 2023 | -18.30% |
| Dec 31, 2023 | -18.30% |