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DraftKings Inc. DKNG EBITDA margin

EBITDA margin at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
11.1%-2.3pp
Flutter Entertainment logo
Flutter EntertainmentFLUT
9%-5.4pp

Other financials

Income statement

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Revenue$1.6B+16.8%
Gross profit$696.7M+23.3%
Operating income$5.8M+113%
Net income$21.1M+162%
EPS (diluted)$0.03+143%

Balance sheet

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Cash & equivalents$1.4B-10.2%
Total debt$664.0M-0.6%
Total equity$605.0M-30.7%
Total assets$4.3B-4.6%

Cash flow

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Operating cash flow-$48.4M+59.3%
CapEx$7.1M+168%
Free cash flow-$55.5M+54.4%

Valuation

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Market cap$13.09B-35.4%
Enterprise value$12.37B-36.4%
P/E223.3×
P/S2.1×-2.0×

Profitability

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Gross margin41.8%+3.5pp
Operating margin-5.6%-1.9pp
Net margin0.9%+0.5pp
FCF margin11.3%+4.2pp

Returns & leverage

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Return on equity7.9%+4.3pp
Debt / equity1.1×+0.3×
Current ratio-0.2×

Where this comes from

Calculated from DraftKings Inc.’s reported figures.

Based on trailing twelve months.

The official record: DraftKings Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DraftKings Inc.'s EBITDA margin?
DraftKings Inc. (DKNG) reported EBITDA margin of 4.8% in Q1 2026.
How has DraftKings Inc.'s EBITDA margin changed year-over-year?
DraftKings Inc.'s EBITDA margin increased by 205.4% year-over-year, from -4.6% to 4.8%.
What is the long-term trend for DraftKings Inc.'s EBITDA margin?
Over 5 years (2020 to 2025), DraftKings Inc.'s EBITDA margin has grown at a -49.4% compound annual growth rate (CAGR), from -124.6% to 4.1%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.