DraftKings (DKNG) Tax Rate (2025 - 2026)
DraftKings (DKNG) reported Tax Rate of 2.50% for Q2 2026, down 4.44 percentage points from 6.94% a year earlier and down 25.28 percentage points from the prior quarter.
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Analysis
DraftKings (DKNG) Tax Rate (2025 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, DraftKings' Tax Rate came in at -1.54%, down 3.55 percentage points year-over-year; for FY2025, it came in at 60.94%, up 46.39 percentage points from FY2024.
- Tax Rate has a five-year change of +60.89 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 14.56% in FY2024 (+15.84 pp), -1.29% in FY2023 (-5.99 pp), 4.70% in FY2022 (+5.25 pp) and -0.54% in FY2021 (-0.60 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q3 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of -89.19 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2024 (a gain of 774.54 percentage points); the low point was Q2 2025 (a drop of 766.75 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.79% (Q1 2026), 6.90% (Q4 2025) and 4.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | 22.47% |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | - |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | 25.99% |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | 8.15% |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | - |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | 15.96% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 20.36% |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 27.93% |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 27.79% |
| Dec 31, 2025 | 6.90% |
| Jun 30, 2025 | 6.94% |
API Access
DraftKings Tax Rate 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=tax-rate&ticker=DKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();