DraftKings/$DKNG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About DraftKings
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to about 50% of Canada's population. In 2025, sports sales were 63% of total revenue, i-gaming 30%, and fantasy and lottery 7%.
- Ticker
- $DKNG
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 5,500
- Headquarters
- Boston, United States
- Website
- www.draftkings.com
DraftKings Metrics
BasicAdvanced
$10B
-
-$0.34
1.63
-
Price and volume
Market cap
$10B
Beta
1.63
52-week high
$36.98
52-week low
$18.35
Average daily volume
14M
Financial strength
Current ratio
1.017
Quick ratio
0.687
Long term debt to equity
3.348
Total debt to equity
3.365
Interest coverage (TTM)
-4.43%
Profitability
EBITDA (TTM)
122.832
Gross margin (TTM)
76.13%
Net profit margin (TTM)
-2.68%
Operating margin (TTM)
-2.72%
Effective tax rate (TTM)
-1.62%
Revenue per employee (TTM)
$1,130,000
Management effectiveness
Return on assets (TTM)
-2.42%
Return on equity (TTM)
-21.14%
Valuation
Price to revenue (TTM)
1.666
Price to book
18.21
Price to tangible book (TTM)
-5.56
Price to free cash flow (TTM)
20.843
Free cash flow yield (TTM)
4.80%
Free cash flow per share (TTM)
1.003
Growth
Revenue change (TTM)
15.03%
Earnings per share change (TTM)
-45.69%
3-year revenue growth (CAGR)
27.51%
3-year earnings per share growth (CAGR)
-48.46%
What the Analysts think about DraftKings
Analyst ratings (Buy, Hold, Sell) for DraftKings stock.
Analyst projections of the future price of DraftKings stock.
Bulls say / Bears say
Underlying betting activity remains strong: Q2 sports consumer volume rose 15% and monthly unique payers rose 9%, while DraftKings kept its 2026 revenue and adjusted EBITDA guidance. This points to resilient demand and customer acquisition despite a difficult quarter. (DraftKings)
Predictions is scaling quickly: annualised trading volume rose from $2.3 billion in April to $11 billion in July, and more than 600,000 customers had engaged with the product by mid-year. DraftKings’ proprietary exchange gives it greater control over the product and its trading economics. (DraftKings, DraftKings)
There is a potential path to stronger operating leverage: management says the core business is on track to generate about $1 billion of adjusted EBITDA in 2026, while adjusted general and administrative costs fell 6% year on year in Q2. That provides capacity to invest in growth while controlling overheads. (DraftKings)
Revenue conversion weakened despite rising activity: Q2 revenue fell 5% year on year even as sports consumer volume increased 15%, while average revenue per monthly payer dropped 13%. Customer-friendly results and heavier promotions show how quickly outcomes and acquisition spending can pressure monetisation. (DraftKings)
The Predictions expansion may weigh on near-term earnings before it delivers lasting returns. Jefferies expected a further $100 million of prediction-market costs in the second half of 2026 and cut its adjusted EBITDA forecast for the year by 15%. (Proactive Investors)
Prediction markets pose both a regulatory and competitive risk to DraftKings’ sportsbook business. Their contested federal status could let rivals offer sports contracts nationwide without state gaming taxes, putting licensed operators at a cost disadvantage while the rules remain unsettled. (Reuters, CNBC)
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2026.
DraftKings Financial Performance
Revenues and expenses
DraftKings Earnings Performance
Company profitability
Upcoming events
No upcoming events
DraftKings News
AllArticlesVideos
Gaming and Leisure Properties Q3 Earnings Call Highlights
MarketBeat2 days ago
DraftKings CEO Robins Sees ‘Extraordinary' Opportunity As Prediction Markets Reshape Sports Betting
CNBC Television3 days ago
DraftKings CEO Jason Robins says parents should talk with kids about gambling addiction
CNBC4 days ago
Funds containing DraftKings
AllUSDEURGBP
Fund name | Fund size | $DKNG weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.12% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.12% |
Xtrackers MSCI World Small Cap$XSWC | $183M | 0.08% |
iShares MSCI World Small Cap£WLDS | $9B | 0.08% |
iShares MSCI World Small Cap€IUSN | $9B | 0.08% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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