DraftKings/$DKNG
1D1W1MYTD1Y5YMAX
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 revenue was 63% of total sales, 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
$9.6B
-
-$0.34
1.63
-
Price and volume
Market cap
$9.6B
Beta
1.63
52-week high
$36.98
52-week low
$18.55
Average daily volume
12M
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)
74.46%
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)
1.542
Price to book
16.85
Price to tangible book (TTM)
-5.14
Price to free cash flow (TTM)
19.688
Free cash flow yield (TTM)
5.08%
Free cash flow per share (TTM)
0.983
Growth
Revenue change (TTM)
15.03%
Earnings per share change (TTM)
-43.19%
3-year revenue growth (CAGR)
27.51%
3-year earnings per share growth (CAGR)
-49.22%
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
Sports Consumer Volume rose 15% year on year to $13.1 billion in the second quarter, showing strong customer activity despite volatile results. DraftKings kept its 2026 revenue guidance of $6.5 billion–$6.9 billion and adjusted EBITDA guidance of $700 million–$900 million. (DraftKings)
Predictions is opening a national growth channel beyond the licensed sportsbook footprint: more than 600,000 customers had used it, while annualised trading volume rose to $11 billion by July. Bringing more activity on to DraftKings’ own DKeX exchange could improve the economics as the product scales. (PYMNTS, Nasdaq)
The core business is showing signs of operating leverage: adjusted general and administrative costs fell 6% year on year, while other adjusted operating costs excluding marketing and Predictions also improved. If customer acquisition becomes less promotion-heavy as markets mature, this can support the company’s path towards its targeted roughly 30% adjusted EBITDA margin in established sportsbook states. (The Motley Fool, Baseball News Source)
The second quarter showed that rising betting volume does not guarantee rising revenue: Sports Consumer Volume increased 15%, but revenue fell 5% and DraftKings recorded a $67.6 million net loss. Customer-friendly results and heavier promotions reduced monetisation, leaving adjusted EBITDA at $114.6 million versus $300.6 million a year earlier. (DraftKings, NEXT.io)
Predictions carries regulatory risk as well as execution risk. Management said it is taking a cautious approach because the long-term rules are uncertain, while the business requires substantial investment before its customer economics and contribution to profit are proven. (The Motley Fool, DraftKings)
Domestic growth may become harder as sportsbook expansion slows and online casino legalisation remains limited. DraftKings operates iGaming in only five US states, and industry analysts said FanDuel still held an advantage in iGaming, increasing the pressure on DraftKings to win share or find growth through Predictions. (NEXT.io, DraftKings)
Data summarised monthly by Lightyear AI. Last updated on 25 Sept 2026.
DraftKings Financial Performance
Revenues and expenses
DraftKings Earnings Performance
Company profitability
Upcoming events
No upcoming events
DraftKings News
AllArticlesVideos
DraftKings Named Exclusive Sportsbook and Online Casino Integration Sponsor of NHL on Prime's Wednesday Night Hockey for the 2026-27 Season
Business Wire5 days ago
DraftKings Stock Dips Due to Flutter's Weakness
Benzinga6 days ago
DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big?
MarketBeat1 week ago
Funds containing DraftKings
AllEURGBPUSD
Fund name | Fund size | $DKNG weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.12% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.12% |
iShares MSCI World Small Cap$WSML | $9B | 0.08% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.08% |
iShares MSCI World Small Cap£WLDS | £6.7B | 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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.