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DraftKings Inc. DKNG Share Buybacks

Share Buybacks at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
$88.9M-81.8%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$135M-44.7%

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

Reported directly by DraftKings Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

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 share buybacks?
DraftKings Inc. (DKNG) reported share buybacks of $98.64M in Q1 2026.
How has DraftKings Inc.'s share buybacks changed year-over-year?
DraftKings Inc.'s share buybacks decreased by 30.7% year-over-year, from $142.28M to $98.64M.
What is the long-term trend for DraftKings Inc.'s share buybacks?
Over 4 years (2021 to 2025), DraftKings Inc.'s share buybacks has grown at a 137.9% compound annual growth rate (CAGR), from $17.83M to $571.53M.
What does share buybacks mean?
Cash spent by the company to buy back its own shares.
How do you interpret share buybacks?
Repurchases often signal management's belief that the stock is undervalued or a commitment to returning excess cash to shareholders.
How does share buybacks compare across companies?
Common among mature or cash-generative companies; peers vary in their approach to buybacks versus reinvestment.