What are DraftKings Inc.'s profit margins?

DraftKings Inc. (DKNG) runs a 41.8% gross margin and a -5.6% operating margin, with a 0.9% net margin.

Where do DraftKings Inc.'s ratios come from?

Every ratio is computed from DraftKings Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

DraftKings Inc. DKNG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	41.8%+3.5pp	41.3%+3.1pp	39.2%+0.7pp	39.5%+0.7pp	38.3%-0.7pp
Net margin	0.9%+8.9pp	0.1%+10.7pp	-4.9%+4.2pp	-5.6%+3.8pp	-8%+5.5pp
EBITDA margin	4.8%+9.4pp	4.1%+11.2pp	-0.7%+4.8pp	-0.8%+5.8pp	-4.6%+3.6pp
Free cash flow margin	11.3%+4.2pp	10.7%+2.1pp	12%—	9.3%—	7.2%—
Returns
Return on equity	7.9%+54.7pp	0.5%+55.3pp	-29.6%+14.8pp	-26.4%+8.7pp	-46.8%+12.5pp
Return on assets	1.3%+10.9pp	0.1%+12.4pp	-6%+4.2pp	-7%+3.4pp	-9.6%+4.9pp
Efficiency
Asset turnover	1.4×+0.2×	1.4×+0.2×	1.2×+0.1×	1.2×+0.1×	1.2×+0.1×
Liquidity
Current ratio	1×-0.2×	1×+0.1×	1.1×+0.1×	1.3×+0.2×	1.2×-0.1×
Quick ratio	1×-0.2×	1×+0.1×	1.1×+0.1×	1.3×+0.2×	1.2×-0.1×
Cash ratio	0.9×-0.1×	0.9×+0.1×	1×+0.3×	1.2×+0.4×	1×0.0×
Leverage
Debt-to-equity	1.1×+0.3×	1×+0.9×	0.9×+0.8×	0.7×+0.6×	0.8×+0.7×
Debt-to-assets	0.2×0.0×	0.1×+0.1×	0.1×+0.1×	0.1×+0.1×	0.1×+0.1×
Net debt / EBITDA	-2.4×—	-3.9×—	——	——	——
Valuation
Market capitalization	$10.72B-35.4%	$17.15B-5.4%	$18.57B-3.2%	$21.25B+16.1%	$16.6B-22.9%
Enterprise value	$10B-36.4%	$16.18B-4.2%	$17.51B-3.3%	$20.34B+17.5%	$15.73B-21.9%
Price / earnings	182.8×—	4,623.5×—	——	——	——
Price / sales	1.7×-1.6×	2.8×-1.0×	3.4×-0.8×	3.9×-0.3×	3.3×-2.0×
Price / book	17.7×-1.3×	27.2×+9.2×	25.4×+7.5×	21×+7.0×	19×-6.9×
EV / EBITDA	33×—	64.8×—	——	——	——
EV / sales	1.6×-1.6×	2.7×-0.9×	3.2×-0.7×	3.8×-0.3×	3.1×-1.8×
Free cash flow yield	6.7%+4.5pp	3.8%+1.5pp	3.5%—	2.4%—	2.2%—
Earnings yield	0.5%+2.9pp	0%+2.8pp	-1.4%+0.7pp	-1.4%+0.8pp	-2.4%+0.1pp

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Questions, answered.

What are DraftKings Inc.'s profit margins?: DraftKings Inc. (DKNG) runs a 41.8% gross margin and a -5.6% operating margin, with a 0.9% net margin.
Where do DraftKings Inc.'s ratios come from?: Every ratio is computed from DraftKings Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.