DraftKings Inc.

DKNG Consumer Cyclical Gambling

DraftKings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 27.0% from fiscal 2024.

Revenue
−4.58%
EPS
−143.8%
Free cash flow
−51.6%
Total debt
−0.07%

Quarter to June 2026, against a year earlier

23.40 0.29 +1.25%
Market cap
$20.9B
P/E
0.0×
Fwd P/E
−405×
Dividend yield
—
F-score
7/9
Altman Z
1.98
Beneish M
−2.60
Dividend safety
n/a

DraftKings Inc. (DKNG) Gross margin

Alert me on Gross margin

DraftKings Inc.'s gross margin over the twelve months to 30 June 2026 was 40.5%, down 0.7 percentage points from fiscal 2025 (41.3%). Over the past ten years it has ranged from 33.8% (fiscal 2022) to 78.5% (fiscal 2018); the current reading is higher than 63% of that period. That is below the Gambling industry median of 48.5% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 41.3% 3.14
FY2024 38.1% 0.65
FY2023 37.5% 3.71
FY2022 33.8% (4.97)
FY2021 38.7% (4.88)
FY2020 43.6% (24.28)
FY2019 67.9% (10.60)
FY2018 78.5% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 38.2% (4.11)
Mar 2026 42.3% (3.66)
Dec 2025 46.0% 14.52
Sep 2025 31.5% (12.04)
24 more quarters

Against its own ten years

Low 33.8% High 78.5%
Ten-year median 40.0%
Current reading's percentile 72

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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